Corporate Announcement
Security Code : 533278    Company : COALINDIA    
 
Revision Of 'Add On' Over Notified Prices Of North Eastern Coalfields(NEC) Coal- G-1 To G-5 Grade. Download PDF Download XBRL
  Exchange Received Time  26/09/2018 11:10:16         Exchange Disseminated Time   26/09/2018 11:10:23              Time Taken   00:00:07
The Board of Directors of Coal India Limited in its 372nd meeting held on 25th September' 2018 has approved 'add on' over notified price of NEC coal G-1 to G-5 grades prices w.e.f. 00:00 hours of 27th September' 2018. Due to this revision, CIL will earn an approx. additional revenue of Rs 107 crore annually and Rs 82 crores for the balance period of financial year 2018-19. Due to this increase in add on of NEC price the overall impact on the power sector will be negligible.

This is for your information and records please. This is in terms of Regulation 30 of the Listing Regulations 2015.
 

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