7.10 (1.68%) Coal India is likely to see reforms in marketing and sales in 2021. The exercise, among other improvements, will aim at doing away with multiple types of auctions of the dry fuel. The company produces 80 percent of coal and still there exists all kinds of the auction, like spot, exclusive, forward.
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.