CIL to supply coal beyond normative requirement to non-regulated sector

Quick Summary:

Coal India, which accounts for over 80 per cent of domestic coal production, has tweaked the policy provision to permit coal supplies beyond the annual contracted quantity (ACQ) to non-regulated sector (NRS) customers in long-term linkage auctions.

The standard norm to calculate the requirement is the quantity of coal that a plant will need if it operated at 85 per cent of its installed capacity for a whole year.

State-owned CIL on Thursday said it will supply coal beyond the normative requirement to the non-regulated sector, including steel.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Normative requirement CIL Coal ACQ Non-regulated sector Coal India Ltd

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 17:19:12 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23736273

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