Northern Coalfields Ltd contributed Rs 15,000 Cr to central and state exchequers through royalty and GST in FY24.

Northern Coalfields Ltd (NCL), a Coal India subsidiary, contributed Rs 15,000 crore to central and state exchequers in FY24 through royalty and GST, as 94% of its total coal was dispatched to the power sector. NCL's CMD, B Sairam, highlighted the company's commitment to energy security, regional development, and economic growth at the Singrauli Industrial Summit 2024. NCL plans to target 139 million tonnes of coal production this fiscal year.

August 03, 2024
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