Coal India needs to up supply by at least 8% to meet GoM plan: Report


Coal India needs to up supply by at least 8% to meet GoM plan: Report

National miner Coal India needs to ramp up its output by at least 8 percent from the present levels if the group of ministers’ (GoM) recommendations on allowing domestic coal linkage for short-term PPAs are to be met, says a report.

The Cabinet Committee on Economic Affairs had Thursday approved the GoM recommendations on stressed power projects which include allowing domestic coal supplies to short-term PPAs and increase coal supplies for special forward e-auction for the power sector.

“The measures approved such as allowing the use of domestic linkage coal for short-term PPAs and procurement of bulk power by nodal agencies against pre-declared linkages are a positive for thermal IPPs Read More

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