Coal imports fell 6 percent to 16.1 million tonnes in September over the same month last year owing to higher prices of the fossil fuel in the international market.
"We will float a fresh tender anytime...There was no response to the the tender floated earlier as the potential people (the PSUs like STC, MMTC) because of some apprehensions expressed by them," Coal India Chairman and Managing Director S Narsing Rao told PTI.
Coal India, CMD, S Narsing Rao spoke to CNBC-TV18 after announcement of results and said that he is confident the PSU will meat its production target for the year.