Terms of payment: Private gencos want Coal India Ltd to stop ‘favouring’ govt firms

Facing extreme liquidity crunch, independent electricity generators have sought a level playing field with state-run power producers in terms of making payments for fuel to Coal India (CIL). In a letter sent to the Union ministry of coal, the Association of Power Producers has asked the government to direct CIL to “strictly ensuring the advance payment mechanism for all consumers”, which will ensure that all coal customers are on the same pedestal.