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Tag Archive for 'coal pricing mechanism'

Coal India Switches To New GCV Based Pricing Mechanism

Coalfields distribution in India

The Union Coal Ministry had advocated the change of pricing mechanism of Coal India Ltd in October 2011. The company (Coal India Ltd. – CIL) is now set to introduce the internationally-accepted gross calorific value (GCV) based mechanism for Coal pricing in India. Earlier the prices were decided based on the seven useful heat value […]


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