Coal news and updates

Govt likely to lower rail freight rates for coastal shipping of coal

Proposal aimed to ease pressure on rail network, improve coal dispatch during peak demand summer months 

The Centre may lower railway freight rates for thermal coal transported via coastal shipping, by changing the formula for price calculation under the rail-sea-rail (RSR) mode, Business Standard has learnt. With the peak coal demand months around the corner, the Centre is aiming to increase coal dispatch while reducing pressure on the railway network, and keep the cost of sea-borne coal under control.