Coal India (CIL) has inked fuel supply agreements (FSAs) for capacity of 71,500 MW out of total 78,000 MW. According to the new FSA, the company will supply 65 per cent of the contracted amount from domestic sources and another 15 per cent through imports with pass-on pricing model.
Earlier, the two deadlines set for signing of the fuel supply agreements by Coal India (CIL) with the power producers could not be adhered to. The Coal Ministry had set the deadline of August 31 for signing of the FSAs, which could not be met. Further, the second deadline of September 6 was also not achieved.
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.
