Coal India Ltd (CIL) has introduced an add-on charge that would be applied over and above the notified price in respect of coal produced from North Eastern Coalfields (NEC).
NEC, a division of CIL having it’s headquarter at Margherita, Tinsukia, Assam is looking after the coal mining activities in the North Eastern Region.
The add-on price notification issued by CIL has been applied only for goal grades ranging between G1 to G5 grades of coal produced from NEC.
CIL’s ROM coal prices were earlier revised in Jan’18 stood the same for power and non-power sector for G1 to G5 coal grades. The add-on charge across the coal grades have also been kept the same for both set of customers.
For G1 grade of coal (GCV exceeding 7000 Kcal/Kg), the price shall be increased by INR 100/MT over and above the price applicable (including Add-on) for G2 (GCV band exceeding 5700 but not exceeding 7000 Kcal/Kg), for increase in GCV by every 100 Kcal/Kg or part thereof.
For Instance, coal with GCV value exceeding 7000 and not exceeding 7100 Kcal/kg, will be priced at INR 4968/MT, INR 100/MT higher than the price of G2 grade of coal an so on.
The revised price after the add-on charges have been provided below. The new price shall be applicable w.e.f 00:00 Hrs of 27 Sep’18.
To see the various tax rate applied on the NEC’s coal as per the revised price click here.
| Grade | GCV Range | ROM Price | Add-on Price | New Price |
| G2 | Exceeding 6700 and not exceeding 7000 | 3288 | 1580 | 4868 |
| G3 | Exceeding 6400 and not exceeding 6700 | 3144 | 740 | 3884 |
| G4 | Exceeding 6100 and not exceeding 6400 | 3000 | 490 | 3490 |
| G5 | Exceeding 5800 and not exceeding 6100 | 2737 | 60 | 2797 |
GCV in Kcal/kg
Prices in INR/MT
Price applicable for both Power and Non-power sector
It is to be noted that out of India’s coal reserves of about 220 BnT, only 0.90 BnT occur in the North Eastern region which is about 0.4% of the total coal reserves of India.
NEC has three existing Opencast mines namely- Tirap (0.5 MnT per annum), Tikak (0.4 MnT per annum) and Ledo (0.15 MnT per annum).
NEC’s coal customers in e-auctions are majorly from Assam and Punjab state. Besides, the company has undergone an agreement with NTPC’s Bongaigaon TPS in Assam, to supply coal to its two 250 MW units.
In the previous fiscal FY18, NEC had produced 0.78 MnT coal, which was approximately 0.14% of the total output of CIL.
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