Coal India seeks lower railway freight rate
2020-04-21 08:43:44 [Print]
Coal India Limited (CIL) has asked the government to lower railway freight rates for coastal and southern regions to make its fuel viable and encourage importers to switch to domestic supply.
The lockdown has reduced demand for coal, leaving the company with 75 million tons of stocks that it wants to reduce.
The state-owned miner also sought use of railways instead of waterways to transport coal. Due to high freight rates, coastal plants use a mix of waterways and trucks or import the fuel.
The lockdown has reduced demand for coal, leaving the company with 75 million tons of stocks that it wants to reduce.
The state-owned miner also sought use of railways instead of waterways to transport coal. Due to high freight rates, coastal plants use a mix of waterways and trucks or import the fuel.
