Coal Availability News Today

The National Coal Index (NCI) declined 4.75% in December, indicating sufficient coal availability. It serves as a reliable indicator of market dynamics and provides insights into price fluctuations. The NCIs downward trajectory signifies a more equitable market, harmonising supply and demand dynamics.

Central Electricity Authority said that plants with less than four days of coal have come down to 58 as on October 18 compared to 69 from a week ago.

Coal Ministry has allowed sale of up to 50 per cent coal produced in a financial year from captive mines after meeting their end-use needs