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Coal India Requests More Details on Long-Term Supply Contracts
Feb. 16, 2012 10:27AM PST
Industrial MetalsReuters reported that Coal India (BSE:533278) said it would not commit to long-term supply deals before getting clarification on how the costs would be covered.
Reuters reported that Coal India (BSE:533278) said it would not commit to long-term supply deals before getting clarification on how the costs would be covered.
As quoted in the market news:
Prime Minister Manmohan Singh has directed Coal India to guarantee long-term supplies to the under-performing power sector, even through imports if needed.