Indicating sufficient coal availability in the market, the National Coal Index (NCI) dropped 17.54 per cent to 155.09 points in November 2023.
The NCI was at 188.08 points in November 2022, the coal ministry said in a statement on Wednesday.
This shows a strong supply of coal in the market, with sufficient availability to meet the growing demand.
NCI is a price index that combines coal prices from all sales channels, including notified prices, auction prices and import prices.