18-July-2024
Corporate News
 
Robust production, new initiatives to drive growth for Coal India
10-Jul-2024

If it can achieve its aim of ramping up Fuel Supply Agreement (FSA) and e-auction volumes, along with cost-saving, evacuation and infrastructure-improvement projects, the company could maintain its momentum as a critical infrastructure and core industry performer. Analysts estimate e-auction volumes of 108 million tonnes (MT) in FY25 and 120 MT for FY26, which is encouraging given the premium of e-auction prices which are consistently over 50 per cent higher than FSA.

News Source:- https://www.rediff.com/business/report/robust-production-new-initiatives-to-drive-growth-for-coal-india/20240710.htm