CIL eyes supply contracts with power plants to increase sales


CIL eyes supply contracts with power plants to increase sales

Coal India hopes to increase sales from supply contracts that will be auctioned to power plants, which will help reverse sluggish sales.

“A 1,000 MW power plant requires around 4.5 million tonnes of coal a year. If we are able to supply coal to these plants that do not have any contract, sales could rise by about 200 million tonnes,” a company executive said.

An estimated 50,000 MW of thermal capacity does not have any supply contract from Coal India. Of these, 9,000 MW has already achieved commercial operation with coal received from ad hoc sources while 41,000 MW will come up by 2020. Read More…

 

Credit By: The Economic Times

 

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