Author: Lalita
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COVID 19 Impact: Coal India Ltd Sales Drop 6 Year Low
Coal India Ltd’s sales to customers fell by more than a quarter in April, the steepest rate of decline in at least six years, as a nationwide lockdown cut demand. Offtake by customers, such as power generators, fell by 25.5% to 39.06 MnT – the deepest fall since at least April 2014.