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National Coal Index

Santhosh Kumar 10/11/2023

National Coal Index mind map
Context
NCI rise in September 2023
First increase since April 2023
Source
Press Information Bureau
Implications
Growing coal demand
Increased domestic production
About NCI
Introduction
In June 2020
Purpose
Reflect coal price changes
Base Year
Financial Year 2017-18
Compilation
From all coal sales channels
Including imports
Revenue Share
Determined by defined formula
Composition
Five sub-indices
Three for Non-Coking Coal
Two for Coking Coal
Utilization
Commercial auction of coal mines
Based on revenue share

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Categories: Energy

Tags: 10.11.2023, Newsbits

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