Coal India (CIL) has relaxed norms for supplying the fuel to its customers of non-regulated sector by extending ‘letter of credit’ to them and allowing an independent power producer (IPP) to transfer coal from one plant to another. With the credit facility, non-regulated customers from steel, sponge iron, cement, aluminium, MSMEs and IIPs need not to make 100 per cent advance payment for coal and this will enable them to run their plants smoothly.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
