Latest News | NCL Levies Rs 300 Per Tonne Charge on Coal, to Generate Rs 3877cr
Get latest articles and stories on Latest News at LatestLY. Northern Coalfields Ltd (NCL), a subsidiary of Coal India Ltd, will impose a "Singrauli Punarasthapan (rejuvenation) Charge" of Rs 300 per tonne on coal dispatches across all its mines from May 1, 2025.
Kolkata, Feb 27 (PTI) Northern Coalfields Ltd (NCL), a subsidiary of Coal India Ltd, will impose a "Singrauli Punarasthapan (rejuvenation) Charge" of Rs 300 per tonne on coal dispatches across all its mines from May 1, 2025.
The additional charge is expected to generate around Rs 3,877.50 crore, NCL said in a regulatory filing.
The levy will be applied uniformly on top of the notified price of coal.
NCL operates mainly in Madhya Pradesh's Singrauli and Uttar Pradesh's Sonbhadra districts, supplying coal to power and non-power sectors.
The company produced 117 million tonnes of coal till January 2025, contributing significantly to Coal India's overall output.
The move comes amid efforts by CIL subsidiaries to bolster revenue and support mine rehabilitation and resettlement projects in coal-bearing regions, industry sources said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)