Coal India aims 477 million ton coal sales in Fiscal Year 2012

Coal India accounted a merged net profit Rs 10,867 crore for 2010-11, up 13 percent more than the previous year. The firm featured the development in bottomline to higher sales from e-auctions and washed coal, which give way better margins than the coal sold beneath the FSA (Fuel Supply Agreement) based advised price sale.

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