Coal India Ltd.

Coal India is likely to import nearly 15 million tonnes of coal in 2013-14, in order to meet the shortfall in domestic coal supplies. The company has taken this decision after Government announcement to allow the miner to fill the gap between domestic supplies and annual contracted quantity to power stations by imports.

The entity has 61 new fuel supply agreements (FSA) that account for 24,300 MW, for which it will have to import coal to meet the gap in supply. The miner will need additional 89 million tonnes to feed these power plants. It will supply 80% of a power plant’s requirement of which 65 per cent would be from its mines and the balance will be imported.