The Coal India board has taken two decisions aimed at boosting coal offtake of the non-regulated sector comprising steel, sponge iron, cement, captive power producers and independent power producers.
Coal offtake of the non-regulated sector was 73 million tonnes in 2018-19 under the fuel supply agreement of 12 per cent of the total offtake of 608 million tonnes. In the first eight months of the ongoing financial year, coal offtake at 363.63 mt was down 7.2 per cent over the corresponding previous period.
First, the public sector miner has extended the ‘letter of credit’ facility for coal supplies to these customers through rail routes under a fuel supply agreement through linkage auctions.
