CIL Goes Digital with Paperless FSA
ECONOMY & POLICY

CIL Goes Digital with Paperless FSA

Coal India Limited (CIL) has taken a significant step towards digital transformation by launching the industry's first-ever paperless signing of Fuel Supply Agreements (FSA) for the power and industrial sectors. This digital initiative aims to streamline the process of signing FSAs, making it more efficient, transparent, and eco-friendly. By eliminating the need for physical paperwork, CIL is reducing delays, enhancing operational efficiency, and contributing to the government’s push for digitalization across various sectors.

This paperless process is part of CIL’s broader strategy to modernize its operations, enhance customer service, and align with global sustainability trends. By adopting a fully digital workflow for signing FSAs, the company aims to accelerate the turnaround time for finalizing agreements, benefiting both the power and industrial sectors, which are heavily dependent on a steady coal supply for their operations. The initiative is expected to boost customer confidence in CIL's services and promote transparency in the contract execution process.

For the power sector, which relies on coal as a primary energy source, this digital shift represents a move toward greater reliability and speed in securing coal supplies. Industrial consumers of coal, including steel, cement, and other manufacturing sectors, will also benefit from the reduced processing time for signing agreements, allowing them to plan their operations more efficiently.

The transition to a paperless system reflects CIL’s commitment to environmental sustainability by cutting down on paper use, thus aligning with global efforts to reduce carbon footprints. Additionally, it is part of India’s larger digitalization drive under various government initiatives aimed at making public sector enterprises more agile and technologically advanced.

This development is expected to set a precedent for other sectors within the energy and industrial supply chains to adopt digital processes, enhancing the overall ease of doing business in India. It also underscores the growing importance of technology in transforming traditional industries, especially in sectors like coal, which are critical to the country’s economic and energy needs.

Coal India Limited (CIL) has taken a significant step towards digital transformation by launching the industry's first-ever paperless signing of Fuel Supply Agreements (FSA) for the power and industrial sectors. This digital initiative aims to streamline the process of signing FSAs, making it more efficient, transparent, and eco-friendly. By eliminating the need for physical paperwork, CIL is reducing delays, enhancing operational efficiency, and contributing to the government’s push for digitalization across various sectors. This paperless process is part of CIL’s broader strategy to modernize its operations, enhance customer service, and align with global sustainability trends. By adopting a fully digital workflow for signing FSAs, the company aims to accelerate the turnaround time for finalizing agreements, benefiting both the power and industrial sectors, which are heavily dependent on a steady coal supply for their operations. The initiative is expected to boost customer confidence in CIL's services and promote transparency in the contract execution process. For the power sector, which relies on coal as a primary energy source, this digital shift represents a move toward greater reliability and speed in securing coal supplies. Industrial consumers of coal, including steel, cement, and other manufacturing sectors, will also benefit from the reduced processing time for signing agreements, allowing them to plan their operations more efficiently. The transition to a paperless system reflects CIL’s commitment to environmental sustainability by cutting down on paper use, thus aligning with global efforts to reduce carbon footprints. Additionally, it is part of India’s larger digitalization drive under various government initiatives aimed at making public sector enterprises more agile and technologically advanced. This development is expected to set a precedent for other sectors within the energy and industrial supply chains to adopt digital processes, enhancing the overall ease of doing business in India. It also underscores the growing importance of technology in transforming traditional industries, especially in sectors like coal, which are critical to the country’s economic and energy needs.

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?