Min to reserve coal for power plants

In a bid to ease the current shortage of coal supply to power companies, the Ministry of Coal decided to reserve a portion of coal earmarked for spot sales to long-term power consumers. The government sells around 4 mn tonne of coal, 10 per cent of what it produces, every month through spot sales at an e-auction. Some part of this 4 mn tonne will be sold to public sector undertakings (PSUs) in the power sector at notified prices to meet the shortages in fuel supply agreements (FSAs) signed with them.Contact: Ministry of Coal.Website: www.coal.nic.in