Imported coal to increase power tariff

Imported coal to increase power tariff

The failure of Western Coalfields Limited (WCL) and other coal companies to supply contracted quantity of coal to Mahagenco is going to cost state’s power consumers dearly. Mahagenco is importing one-third of its coal requirement which will increase its generation cost.

Coal India shares fail to kindle the fire

Coal India shares fail to kindle the fire

Shares of India’s largest coal producer, Coal India Ltd, have been lacklustre on the bourses. So far this fiscal year, the stock has underperformed the BSE 100 index, despite decent results in the first two quarters.

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