0.50 (0.12%) Western Coalfields (WCL), a subsidiary of Coal India has offered substantial additional quantity of coal to different power gencos of central, west & south India at a cheaper landed price. This will not only help Gencos to minimise their cost to reduce power tariff but will also be a factor to cut down the import of thermal coal in the interest of the nation.
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.