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CIL not to sign MoU

CIL not to sign MoU
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The board of Coal India (CIL) decided not to sign any more Memorandum of Understanding (MoU) for supply of coal to power firms after December.  As of now, CIL is said to be supplying about 49 million tonne of coal through MoU route and this is said to be one of the reasons why power utilities are hesitant to sign fuel supply agreements (FSA).

Meanwhile, it is learnt that some of the subsidiaries of CIL are planning to engage contractors for transportation of coal to the consumers. Bharat Coking Coal plans to hire a contractor for extraction and transportation of coal at Dhanbad.

Similarly, South Eastern Coalfields, Bilaspur, seeks a contractor for transportation of coal from bunker and stockyard of Rajgamar to Surakachhar wharfwall siding with minimum 7,500 tonne per month. Mahanadi Coalfields, Sambalpur, plans to engage a contractor for transportation of coal.

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