Coal India Ltd. - Revision of Standard Stripping Ratio for OBR Accounting by Northern Coalfields Limited - A Subsidiary of Co

March 02, 2016 - 05:02:00 PM

Coal India Ltd has informed BSE that Northern Coalfields Limited, a subsidiary of Coal India Limited in its 202nd Board meeting held on March 01, 2016 has revised the Standard Stripping Ratio for OBR Accounting for 10 Opencast Projects. The financial impact due to the change in Stripping ratio till December?2015 would be around Rs. 59.76 crores.

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