CIL plans to substitute 80-85 mt of imported coal in 2020-21

Coal India Limited (CIL) is aiming at substituting about 80-85 million tonnes (mt) of imported coal with more domestic supplies in 2020-21.

CIL has asked power plants in the coastal areas to submit proposals for a gradual increase in their supplies. India had imported 248 mt of coal in 2019-20, resulting in an outflow of around Rs 1,000 billion of foreign exchange. Further, the government might consider proposals to offer concessions on various counts such as quality and freight to make domestic coal attractive over the imported fuel.