No Plan to Hike Coal Prices

Reproduction
Fri, Aug 7, 2009

Coal Market News
Post by Mike Rodger, Coal Reporter

The government today declared it is not considering any surge in coal prices at the moment despite the demand for a hike by state-run Coal India Ltd earlier in the day. The company also said that a moderate price hike is likely.

Coal Minister Sri Prakash Jaiswal stated:

No plan (to hike coal prices) yet… But can’t say about the future.

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