CIL grants fuel linkages in times of surplus

Coal India Limited (CIL) has started granting short- and medium-term coal supply linkages to all thermal power plants stranded till now without assured dry fuel. With rising production and carrying high pit-head stocks, the miner has adopted a two-pronged strategy to bail-out all those power stations – captive and commercial – which had so far failed to clinch long-term fuel supply agreements (FSAs) or have forfeited their captive coal mines for various reasons.