Coal India Ltd.

Coal India (CIL) has increased the minimum assured commitment level of coal supply the trigger level to its power sector consumers from the existing 75 per cent to 80 per cent to encourage power plants for using domestic dry fuel more. The move will help the miner push 14 million tonne more coal to power. The aim is to encourage power plants to opt for increased domestic supply of coal and steer them away from imports to the extent possible.

Besides, the slowdown in demand because of the ongoing nationwide lockdown has helped the company to raise the trigger level. The company board has approved the proposal. Coal companies of CIL have been advised for immediate implementation of the increase. The trigger level for the power sector consumers covered under Fuel Supply Agreements (FSA) was 75 per cent of the annual contracted quantity (ACQ).

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.