Coal India import substitution drive

Kolkata: Coal India’s (CIL) drive for import substitution backed by a set of multiple measures facilitated coal consumers to opt for around 71 million tonne (MT) of indigenous coal ending February of the current FY.
According to CIL, Predominant among them was a robust 43.5 MT increase in e-auction bookings during April-February, 2021, compared to the year-ago period.
“The slew of measures undertaken by CIL include allowing its coal companies to sign MoUs under import substitution with 17 power plants linked with them. Additional coal was offered to non-regulated sector (NRS) against fuel supply agreements up to 100% of annual contracted quantity (ACQ). Trigger level for the power sector was increased from 75% to 80%. ACQ for power plants was enhanced to 100% of normative requirement from 90%,” an official added.