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Coal India hikes fuel supply commitment level to power utilities to 80%

All coal producing arms of CIL advised to immediately implement the increase; move is designed to encourage power plants to fo domestic supply instead of relying on imports

Coal India hikes fuel supply commitment level to power utilities to 80%
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Avishek Rakshit Kolkata
For the ongoing fiscal year, Coal India Limited (CIL) has increased the minimum assured commitment level of coal supply – called the trigger level – to 80 per cent from the existing 75 per cent of Annual Contracted Quantity (ACQ) to power sector consumers covered under Fuel Supply Agreements (FSA).
 
This is applicable for those FSAs for whom the trigger level was pegged at 75%. All the coal producing subsidiaries of CIL have been advised to immediately implement the increase.

The amendment to elevate the trigger