By Gaurav Singh
Oct. 16 (Bloomberg) -- Coal India Ltd. raised prices of the fuel by an average of 11 percent, the Hindu newspaper reported, citing Chairman Partha S. Bhattacharyya.
The price increase, effective today, will help the state- owned company increase revenue by 25 billion rupees ($541 million) in the rest of the year through March 31, according to the report.
Bhattacharyya didn’t respond to calls on his mobile phone.
To contact the reporter on this story: Gaurav Singh in New Delhi at gsingh31@bloomberg.net.
Friday, October 16, 2009
Coal India Increases Fuel Prices by Average 11%, Hindu Reports
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