OPG has announced that the rate of Goods and Services Tax (GST) that is levied on coal purchases in India will be increasing from 5% to 18% with effect from 22 September 2025, alongside an abolition of the previous fixed rate compensation cess on coal. The company estimates that based on its current coal procurement mix, the impact of these changes would equate to an annual cost increase of £2.5m. We have not published financial forecasts for FY26E, but for reference we note that compared with t ....
