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).
Tag: South Eastern Coalfields
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CIL not to sign MoU
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).