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Coal India: Price hike not imminent despite higher costs

september 04, 2022by Reacties uitgeschakeld voor Coal India: Price hike not imminent despite higher costs

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NEW DELHI, India: Pramod Agrawal, chairman of state-owned Coal India, has announced that despite an upcoming wage hike for its workers and rising diesel and explosives costs, the company is unlikely to increase prices of coal in the near term.

However, higher labor and energy costs will lead to price hikes in the coming years, he added.

As Russia’s invasion of Ukraine upended traditional supply routes for

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