State-owned CIL on Friday floated two medium-term tenders for sourcing 6 million tonnes (MT) of coal from overseas, a move aimed at securing domestic fuel supplies amid the fear of shortage during monsoon.
These two tenders for a total of 6 million tonnes coal have an option of increasing the bid quantity by 100 per cent to 12 MT.
The development comes a day after the public sector unit floating its maiden tender to import 2.416 million tonnes of coal.
The import tender was floated after the government asked the company to build up stock of fossil fuel to avoid the reoccurrence of power outages, which happened in April on account of shortage of the fuel.
