Coal India goes digital with fuel supply agreements

17 Oct 2024 CW Team

Coal India Ltd (CIL) announced the digitisation of its fuel supply agreement (FSA) process, allowing clients, including power sector companies, to complete contracts online, enhancing business convenience. This shift eliminates the need for physical submission of documents, with bank guarantees and other required paperwork now accepted digitally.

In its statement, CIL said, “For the first time, we have introduced online signing of FSAs for both power and non-regulated sector customers participating in linkage-based auctions.”

To streamline operations, the company has reduced the documentation required from clients. “The digital process replaces the cumbersome manual handling of large volumes of paperwork. Customers can now finalise contracts from their workplaces without visiting coal companies,” a senior executive explained.

The new system also resolves discrepancies online, avoiding the need for in-person visits to rectify errors. With hundreds of FSAs signed annually, the electronic process simplifies document management and progress tracking for both suppliers and customers.

So far, around 700 FSAs, covering 19 million tonnes of coal, have been formalised digitally for non-regulated sectors. In the power sector, 262 FSAs have been signed online, totalling 24 million tonnes.

Coal India, which contributes over 80% of the country’s coal production, expects the digital transition to improve efficiency and customer experience across sectors.

(ET)

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..