After a gap of about two years, state-owned Coal India Ltd today revised coal prices by an average 11 per cent pet tonne, which will increase the input cost for various industries, especially steel and power.
"Coal prices will be increased by 11 per cent midnight today," CIL Director(Technical) N C Jha told PTI in New Delhi.
The last time prices were revised by Coal India was on December 13, 2007.
The basic price of coal from Eastern Coalfields and Bharat Coking Coal has been increased by 15 per cent per tonne and all its other subsidiary companies by 10 per cent a tonne.
ECL was authorised to set a special price for its high quality A and B grades of Ranigunj coal available in limited quantity at a level commensurate with the imported coal rates.
Source: PTI
No comments:
Post a Comment