Coal India gains on deciding to increase tenure of FSA with steel industry to 10 years

Coal India is currently trading at Rs. 277.85, up by 2.10 points or 0.76% from its previous closing of Rs. 275.75 on the BSE. The scrip opened at Rs. 276.00 and has touched a high and low of Rs. 280.20 and Rs. 275.20 respectively. So far 85319 shares were traded on the counter. The BSE … Read more

Coal India to increase tenure of FSA with steel industry to 10 years

Coal India has decided to increase the tenure of fuel supply pacts to be signed with the steel industry to 10 years in a bid to reduce dependence of steel sector on imported coal. The new fuel supply agreement (FSA) tenure would be applicable from the fourth tranche of the auction of coking coal linkages … Read more

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