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CIL introduces online FSA signing

CIL introduces online FSA signing

TNN / Oct 16, 2024, 04:21 IST

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Kolkata: Coal India Limited (CIL) has introduced online signing of Fuel Supply Agreements (FSAs) for power as well as non-regulated sector customers participating under linkage-based auctions. With this move, CIL has done away with the earlier practice of physical submission of documents. Formalisation of FSAs electronically makes the entire process paperless.
For business ease, CIL has also cut down on the number of documents required. “The online signing of FSAs for linkage auctions effectively saves a lot of time for customers, who can now conduct the entire process from their place of work without having to visit coal companies” said a senior executive. tnn

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