CIL coal import deal to take 5 more months

The world’s largest coal producer, owned by the Union government, finally got offers from five major international companies to its invitation for supply bids. “Though some are workable, most are not lucrative enough. They are under evaluation and it will take five more months to finalise the deal. We wanted further discounts and have not received that much," said N C Jha, chairman and managing director.

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