Ministry of Coal, Government of India

National Coal Index

Commercial Mining of Coal Blocks has been approved by the Cabinet Committee of Economic Affairs. In the auction process, the National Coal Index (NCI) and Representative Prices (RP) would play very important role. The concept and design of the Index as well as the Representative Prices have been developed by the Indian Statistical Institute, Kolkata. The present guidelines give the technical details which are to be followed at different stages of compilation of NCI and RP in conformity with the Standard Operating Procedure (SOP) issued by the Ministry of Coal.

Components of NCI and RP: NCI is a price index combining the prices of coal from all the sales channels- Notified Prices, Auction Prices and Import Prices.
The Majority of coal is sold through the Notified Prices. For Non-Coking Coal, CIL fixes notified prices for each grade. However, there is price discrimination as to the Regulated Sector and Non- Regulated Sector (NRS). Again, due to cost considerations, different Notified Price dispensation has been made for WCL coal. Similarly, SCCL also notifies prices for different grades of coal- with price differentiation between Regulated and Non- Regulated Sectors. In respect of Coking Coal, only certain Subsidiaries of CIL are producing. The power of notifying the prices of Coking Coal has been delegated to the Subsidiaries. Consequently, the Notified Prices of each grade of coal for Regulated and NRS and for CIL (Except WCL), WCL and SCCL for Non-Coking Coal and Notified Prices for Coking Coal of different Subsidiaries of different grades-for Regulated Sector as well as NRS would be taken for the purpose of NCI as well as the RP.

Apart from sales at Notified Prices, CIL and SCCL undertake e-Auction of Coal on different platforms- MSTC and Junction. For this purpose, a set of schemes are there meant for a particular type of customer. The auction is conducted each month. Also, CIL undertakes Linkage Auction for NRS. For the purpose of NCI and RP, the Unit Value of Coal of different Grades from auction (of CIL only) would be taken into account. The auction, for this purpose, means both e-auction and Linkage Auction.

The third component of the NCI and RP is the Import Prices. For compilation of both, only imports of specific types of coal from specified countries would be taken into consideration. For each month, the quantity of import and its value would be collected from DGCIS and from these two values, Unit Value of Coal would be computed for its use in NCI as well as RP.

Data Collection: Duty of collection of different types of price data rests completely on the DDG Office. DDG has to pursue with the Officers of Marketing Division, CIL and DGCIS to make best efforts to collect the data within the expressed time limits. In order to get the Notified Prices of Coking Coal, regular interaction is done by the DDG with CIL for the coking coal prices of BCCL, CCL, ECL and WCL, whose data are relevant for the purpose.

The NCI is released by the Ministry every month.

S.N	Title	Attachment	Date
51	National Coal Index (Base 2017-18) for the month of June, 2021	Downloads File Size :1.79 MB File Type: PDF	27/07/2021
52	National Coal Index (Base 2017-18) for the month of May, 2021	Downloads File Size :1.78 MB File Type: PDF	29/06/2021
53	National Coal Index (Base 2017-18) for the month of April 2021.	Downloads File Size :1.81 MB File Type: PDF	28/05/2021
54	National Coal Index (Base 2017-18) for the month of March 2021.	Downloads File Size :723.57 KB File Type: PDF	29/04/2021
55	Presentation on National Coal Index during the Pre-Bid Meeting held on 26.04.2021	Downloads File Size :640.44 KB File Type: PDF	27/04/2021
56	National Coal Index (Base 2017-18) for the month of February 2021.	Downloads File Size :870.43 KB File Type: PDF	30/03/2021
57	National Coal Index (Base 2017-18) for the month of January 2021	Downloads File Size :1.74 MB File Type: PDF	05/03/2021
58	Revised Standard Operating Procedure in respect of National Coal Index	Downloads File Size :8.98 MB File Type: PDF	05/03/2021
59	National Coal Index (Base 2017-18) for the month of December 2020	Downloads File Size :787.66 KB File Type: PDF	19/02/2021
60	National Coal Index (Base 2017-18) for the month of November 2020	Downloads File Size :1.59 MB File Type: PDF	14/01/2021
61	Operational Guidelines for National Coal Index	Downloads File Size :870.71 KB File Type: PDF	24/12/2020
62	NCI (Base 2017-18) for the month of October 2020.	Downloads File Size :760.94 KB File Type: PDF	03/12/2020
63	Finalisation of NCI (Base 2017-18) for the month of July and August, 2020	Downloads File Size :1.45 MB File Type: PDF	19/11/2020
64	National Coal Index (Base 2017-18) for the month of September, 2020.	Downloads File Size :1.4 MB File Type: PDF	12/11/2020
65	National Coal Index (Base 2017-18) for the months of May to August, 2020.	Downloads File Size :1.63 MB File Type: PDF	20/10/2020
66	National Coal Index (Base 2017-18) for the month of April'2020 and corrigendum in respect of Historical Figures of NCI and Representative Prices.	Downloads File Size :2.3 MB File Type: PDF	27/07/2020
67	Operational methodology for computation of National Coal Index.	Downloads File Size :2.07 MB File Type: PDF	17/06/2020
68	Notification of Representative Prices for each Grade of Coal for March 2020.	Downloads File Size :698.35 KB File Type: PDF	05/06/2020
69	Roll-out of National Coal Index (Base year 2017-18).	Downloads File Size :1022.72 KB File Type: PDF	05/06/2020

कोयला मंत्रालय Ministry of Coal

National Coal Index

National Coal Index

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