Indicating sufficient coal availability in the market, the National Coal Index (NCI) declined 4.75 per cent in December.
The NCI was at 155.44 points in December 2022, the coal ministry said in a statement on Thursday.
This decline shows a strong supply of coal in the market, with sufficient availability to meet the rising demand. NCI is a price index that combines coal prices from all sales channels, including auction and import prices.