CIL can only meet 65% FSA requirement of power firms: CMD

Narsing Rao, chairman and managing director, Coal India, said, "our ministry has written to the coal ministry requesting them to advice Coal India to restore the old FSAs with a modified trigger level from 90% to 80%. We have our own constraints. This year, at a best possible production and off take target, we possibly can only meet up to 65% of the FSA or Annual Contracted Quantity Requirement (ACQ). We have a target growth rate of 6.8% for this year. Despite that, we would only be able to meet 65% of the coal requirements of the power sector. This is the real crux of the problem."

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