Coal India board approves hike of non-coking coal price by Rs10 per tonne from next month

CIL hiked non-coking coal price for Regulated and non-Regulated sectors across CIL towards contribution to the corpus of CMPS 1998.

November 23, 2020 5:09 IST India Infoline News Service

Non-coking coal would get expensive from next month at state-owned Coal India (CIL).

In its regulatory filing, CIL today said, "CIL Board approved to enhance the non-coking coal price by Rs.10/- per tonne for Regulated and non-Regulated sectors across CIL towards contribution to the corpus of CMPS 1998."

Further, the company said, this would come into force from 00:00 hours of December 01, 2020.

On Sensex, Coal India completed at Rs122.70 per piece up 1.03%. The stock has gained to an intraday high of Rs123.40 per piece and low of Rs119.75 per piece respectively.

Related Story

Get Access to Stock Reports+ and Customised Investment Ideas