Government-owned Coal India (CIL) would seek advance payment from its customers for its coal supplies, which it is going to be imported. And for its maiden coal import, the CIL may float a tender by September end. Sources in CIL said that a series of meetings with power producers and trading firms has taken place.

To meet its supply commitment, CIL would order its first import shipment for 5 million tonne to 6 million tonne, the sources said.

According to CIL, larger shipment could happen later in the year. On August 8th, CIL had a Pre-Notice Inviting Tender meeting with power producing public sector power entities regarding supply of imported coal to power plants facing coal shortage.

-----Coal India, maiden coal import, tender