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Board of Coal India approves introduction of Evacuation Facility Charges

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Capital Market

At meeting held on 19 December 2017

The Board of Coal India at its meeting held on 19 December 2017 has approved the introduction of Evacuation Facility Charges @ Rs 50 per tonne for despatch of coal on all despatches except despatch through rapid loading arrangement. This will come into force with immediate effect.

As a result, the Company would be generating approximately an additional revenue of Rs 2500 crore for the full year and approximately Rs 800 crore for the balance period of 2017-18.

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First Published: Dec 20 2017 | 9:39 AM IST

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