Competition Commission Slaps Rs 591 Cr Fine on Coal India

CCI has directed Coal India to ensure uniformity between private and public power producers in fuel supply pacts.
  • The Competition Commission of India has slapped a Rs 591 crore penalty on Coal India for unfair conditions in fuel supply agreements.
  • The CCI has directed Coal India to ensure uniformity between private and public power producers in fuel supply pacts.
  • Earlier in the day, news emerged that Coal India emerged as star financial performers among India's central public sector enterprises in 2015-16.