NCL levies Rs 300 per tonne charge on coal, to generate Rs 3877cr

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. PTI BSM NN

Source: PTI