For the ongoing fiscal year, Coal India Limited (CIL) has increased the minimum assured commitment level of coal supply – called the trigger level – to 80 per cent from the existing 75 per cent of Annual Contracted Quantity (ACQ) to power sector consumers covered under Fuel Supply Agreements (FSA).
This is applicable for those FSAs for whom the trigger level was pegged at 75%. All the coal producing subsidiaries of CIL have been advised to immediately implement the increase.
The amendment to elevate the trigger level to 80 per cent in the provisions of existing FSA shall be through a side agreement.
“Raising the trigger level to 80 per cent is targeted towards power generating companies requiring more coal” said an official of the company.
