Coalgate trap for power producers?
Is the government extending double benefit to some power producers by forcing Coal India Ltd (CIL) to sign fuel supply agreements (FSAs) with promoters who had already been allotted coal blocks? This is the question IIM-Ahmedabad director Samir Baruah, as an independent director on the CIL board, has raised ahead of a crucial management meeting on Friday to approve the model FSA.
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