India assures domestic coal supplies for steel, cement companies

In another step towards zero coal imports, India’s Coal Ministry has offered assured domestic coal supplies to companies outside of the power generation industry. Under the new framework, coal consuming companies in the steel, cement and fertiliser sectors, would receive coal supplies from Coal India Limited (CIL) to the extent of 50% of their import requirements. CIL will designate specific mines from which such supplies would be made, a government official said.