Tag: CIL
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Imminent Winter Season Raises CIL’s Optimism for Increasing Sales
Coal India Limited (CIL) refuses to trim its production target for this fiscal despite production levels surpassing demand. On a brighter note, the state-run coal major sees demand for coal picking up in India with the onset of winter season, when consumption of power will rise. CIL’s coal sales had fallen 1% year-on-year during the…