Coal India plans to substitute 80-85 mt of imported coal in current fiscal

State-run Coal India Ltd (CIL) is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal, an official said on Thursday.

The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo, the Coal India official said.

“We are expecting to substitute 80-85 million tonne of imported coal this year and have asked the coastal power plants to submit proposals to us and the railways for domestic supplies,” CIL director marketing S N Tiwari said at an event organised by mjunction.

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