Coal India in talk with coastal power companies to substitute imports
State-owned Coal India
Limited is in talks with power companies along the western and eastern
coasts to discontinue the use of imported coal "We are meeting the coastal
power companies to shift to coal produced by CIL.
Some of them have already
started that," director (marketing) of CIL S N Prasad told a programme
organised by Bharat Chamber of Commerce here today.
He said that these power
companies were of the opinion that imported coal was more expensive than
domestically produced coal.
"They are willing to shift to
local coal as it will reduce the cost of generation," he said. For this,
these firms would have to enter into a long-term agreement with CIL, Prasad
said.
Regarding.....