ALSO READThree CIL subsidiaries record fall in coal offtake in April-Nov period Trade unions blame coal ministry for CIL not signing wage pact The hard truth of a brewing coal crisis Coal India nears coking coal asset acquisition in Australia CIL steps ups efforts to meet power plants' coal demand as supply dwindles
“Due to this revision, CIL will earn approximately incremental revenue of Rs 19.56 billion for the balance period of financial year 2017-18,” the company said in a regulatory filing.
The projected annual incremental revenue would be Rs 64.21 billion. All add-ons viz for non-regulated sector, WCL, Rajmal etc would be as per the extant practice, it added.
The price revision will be applicable to all subsidiaries of CIL including North Eastern Coalfields (NEC) for regulated and non-regulated sectors, the company said.