Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
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Coal India’s arm offers 22.5 lakh tonne coal to power consumers

Date: 12-01-2022

Coal India’s (CIL) arm -- Mahanadi Coalfields (MCL) has offered 22.5 lakh tonnes of coal to power consumers via the road-cum-rail mode as the stock of fossil fuel rises above 12.5 million tonnes at the mines with a gradual increase in output in the last quarter of FY22.

MCL is looking for opportunities to maximise despatch as the company's coal stock is slated to increase further with an increase in production from its mines in Odisha. The offer of 22.5 lakh tonne coal through the road-cum-rail (RCR) mode to consumers was made after this new initiative.

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.