Hello All,
Is Coal India Ltd limited a good option to buy and hold at the moment. Mixed reactions when it comes to energy management for the future.
Pros- Coal dominates India’s energy mix, contributing about 50-55% of the country’s electricity generation. India is both a producer and importer of coal, using it primarily for thermal power plants. (source chatgpt).
Cons- burning of fossil to develop and drive fuel and energy will see a decline in the coming years considering the harm is causes to nature.
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