Coal India wants the railways to charge lower transportation rates so that it can pass on the benefits to its buyers in terms of lower price which will increase offtake which have slumped 24 per cent in the first two months of the fiscal.
The miner will urge the government to consider lowering or discounting railway tariff for transportation.
Coal India registered a coal despatch of 79.02 million tonnes (mt) in the months of April and May of the ongoing fiscal against 104.52mt in the same period of the previous year.
Coal production during the period at 81.81mt was also 11 per cent lower than last fiscal.
