Coal India mines downgraded

Last Modified: Sat Aug 12 2017 17:35:47 GMT+0530 (India Standard Time)
  • 50%
    of Coal India's 394 mines have been downgraded by the Coal Controller of India, meaning they are fetching lower prices for the coal produced compared to what they were fetching in 2016-17.
  • Rs. 10,000 crore
    Downward impact on annual revenue that Coal India expects as a result of downgrading.