7.10 (1.68%) Coal India is aiming at substituting imported dry fuel of 80-85 million tonne (MT) with more domestic supplies in the current fiscal. The country had imported 248 million tonne of coal in 2019-20, resulting in an outflow of around Rs 1 lakh crore of foreign exchange.
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.