Coal India expects Rs 527 cr additional revenue after revisions

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Kolkata | Published: September 1, 2017 1:12:22 PM

Coal India Ltd (CIL) on Friday said it is expecting to garner about Rs 527 crore of additional annual revenue with revisions in sizing, loading charges and additional charges for supply of slack and steam coal.

coal india, coal india revenue, coal india additional revenue, coal india revisions, coal india news, coal india latest newsCIL will generate an additional annual revenue of Rs 527 crore. (Reuters)

Coal India Ltd (CIL) on Friday said it is expecting to garner about Rs 527 crore of additional annual revenue with revisions in sizing, loading charges and additional charges for supply of slack and steam coal.

“Coal India Ltd in its 346th Board meeting held on August 31, 2017, approved the revision in sizing charges, rapid loading silo (RLS) charges, revision in additional charges for supply of slack and steam coal,” the miner said in a regulatory filing.

Due to this revision, CIL will generate an additional annual revenue of Rs 527 crore, it added.

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