Coal India Ltd. (CIL) is set to take an annual hit of Rs.600 crore in its input costs due to the diesel price hike.

A one rupee increase in diesel price impacts CIL to the tune of Rs. 120 crore, according to its Chairman and Managing Director S. Narsing Rao. The company , however, was not taking any decision to pass on the increase to its consumers, he said while talking to reporters after the company’s 38th annual meeting. “We will see,” he said when asked about a price revision.