NEW DELHI: State-owned Coal India will continue to offer domestic coal to non-power sectors in lieu of 50 per cent of the import component in the ongoing fiscal.
The development assumes significance as the government is working to eliminate coal imports.
The world’s largest coal miner “offer of domestic coal ‘as is where is basis’ to non-power FSA (fuel supply agreement) consumers in lieu of 50 per cent of the import component will be continued in 2017-18”, the official said.
However, the fuel will be provided to non-power consumers such as cement firms, fertiliser and steel producers without affecting the supply to the power sector.
The coal would be provided from sources like Magadh Amarpali mines of CIL arm Central Coalfields Ltd (CCL) and Eastern Coalfields Ltd and South Eastern Coalfields Ltd (SECL), the official said.
Credits : The Economic Times
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