Economic Times
CIL's pricing to raise companies' cost in energy-sensitive sector
Edited by : AL CIRCLE
1 min read
Coal India's (CIL) new pricing mechanism is likely to raise operating costs of companies in the energy sensitive sector, rating agency Icra said today.
"The operating costs of companies in energy-sensitive industries like primary aluminium are also likely to increase since many of them have coal-based captive power plants, the fuel cost of which would rise under the new system," Icra said in a statement.
"The operating costs of companies in energy-sensitive industries like primary aluminium are also likely to increase since many of them have coal-based captive power plants, the fuel cost of which would rise under the new system," Icra said in a statement.
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