Coal India’s pending overdues drop from Rs 22,000 crore to Rs 16,000 crore
Coal India’s (CIL) overdues from gencos have come down to Rs 16,840 crore as of August 31 from Rs 22,000 crore at the start of the fiscal, an above 65%% recovery in last five months.
The company’s director finance, Samiran Dutta, replying to queries at the 47th annual general meeting said overdues were reducing and were expected to considerably reduce before the end of the second quarter, the current fiscal.
