scorecardresearchSpike in global fuel prices push up coal prices in India; Coal India seeks to benefit

Spike in global fuel prices push up coal prices in India; Coal India seeks to benefit

Updated: 22 Mar 2022, 10:07 AM IST
TL;DR.
Coal India is seeking to make the first major price increase since 2018 to long-term contracts
Higher international coal prices pose no threat to the power sector, but the non-power sector is expected to bear the brunt of the impact.

Higher international coal prices pose no threat to the power sector, but the non-power sector is expected to bear the brunt of the impact.