Power Secy to Coal India: No coal, pay companies

The inability of Coal India Ltd (CIL) to cater to power producers has sparked a confrontation between the power and coal ministries, with the power secretary demanding that CIL compensate for the losses of power firms. In a September 26 letter to Coal Secretary S K Srivastava, Power secretary P Uma Shankar has blamed CIL for hurting power sector investments as financial institutions had been shaken by the coal shortages.

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