National Coal Index

National Coal Index mind map
  Context
    NCI rise in September 2023
      First increase since April 2023
      Source
        Press Information Bureau
    Implications
      Growing coal demand
      Increased domestic production
  About NCI
    Introduction
      In June 2020
    Purpose
      Reflect coal price changes
    Base Year
      Financial Year 2017-18
    Compilation
      From all coal sales channels
      Including imports
    Revenue Share
      Determined by defined formula
    Composition
      Five sub-indices
        Three for Non-Coking Coal
        Two for Coking Coal
    Utilization
      Commercial auction of coal mines
      Based on revenue share

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