In order to protect interests of its consumers, Coal India has relaxed payment terms and directed the railways to defer loading of rakes for non-power buyers due to last-mile connectivity disruption following the nationwide lockdown. The company has also directed its subsidiary companies to extend the date for payment by successful bidders in e-auctions, in case it falls within the lockdown period.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.