Coal India lifts restrictions on coal supplies beyond ACQ for thermal power plants and IPPs.

Coal India, India's largest coal producer, has removed restrictions on coal supplies beyond the annual contracted quantity (ACQ) for thermal power plants and independent power plants (IPPs). This decision simplifies business operations and aims to increase company sales at a time when coal demand is decreasing. Currently, Coal India has a stock of 72 million tonnes, a 47% increase compared to last year.

August 13, 2024
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