HomeNewsBusinessEarningsCoal India eyes 477 mn tn coal sales FY12
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Coal India eyes 477 mn tn coal sales FY12

"About 30% of our revenues came from sales through market driven price and 70% was from the FSA (Fuel Supply Agreement) based notified price sale," Coal India chairman NC Jha told CNBC-TV18 in an interview.

May 26, 2011 / 16:39 IST
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Coal India reported a consolidated net profit Rs 10,867 crore for 2010-11, up 13% over the previous year. The company attributed the growth in bottomline to higher sales from e-auctions and washed coal, which yield better margins than the coal sold under the FSA (Fuel Supply Agreement) based notified price sale. The company

TAGS: #Coal Distribution Policy #Coal India #e-auction #Fuel Supply Agreement #Indian Railways #NC Jha #Results Boardroom #washed coal
first published: May 26, 2011 10:59 am

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