Coal India Ltd.

World’s largest coal miner, Coal India (CIL) is planning to supply coal to power companies till the month-end under the MoU even as firms like NTPC are yet to ink Fuel Supply Agreement’s (FSA). As the earlier deadline expired on December 31, 2012 Coal firm has decided to extend the deadline by another one month till January 31 for supply of coal to power firms. The government had already directed coal companies to supply fuel to power plants that have been commissioned till 2012 through the MoU route till FSA issues are resolved.

State run firm has attained 6.4% growth in its output target during April-November 2012 against the corresponding period of the previous year, by achieving 93% of its target. For 2012-2013, the target of coal production has been set 7% higher at 578.10 million tonnes against the actual production of about 540 million tonnes achieved in 2011-12.