New Delhi: State-owned Coal India Ltd (CIL) on Tuesday said it has extended the tenure of fuel supply pact to ten years from the earlier five years for the non-regulated sector.
The move aims at ensuring long-term assurance of coal supply through linkage auction to the non-regulated sector.
Coal India Ltd (CIL) has begun the seventh tranche of the linkage auction to the non-regulated sector within days of completion of the sixth round.
“CIL has proactively increased the tenure of fuel supply agreement (FSA) to 10 years, beginning with the seventh tranche,” the company said in a statement.
