Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
423.15
4.00 (0.95%)
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Coal India relaxes payment terms

Date: 27-03-2020
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.