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Coal India is under fire again. Less than two months after it imposed a penalty of ₹1,773 crore on Coal India, the Competition Commission of India has ordered fresh probe against the Government-run firm and its subsidiary for alleged abuse of dominant market position in fuel supplies.
The fair trade regulator was acting on complaint filed by Wardha Power Company against Western Coalfields Ltd (WCL) and Coal India.
Wardha Power Company had alleged that WCL and CIL have abused their dominant position and the various clauses of the Fuel Supply Agreement were discriminatory. The DG report is to be submitted within 60 days from receipt of the order. Last month, the Competition Commission had imposed a fine of ₹ 1,773 crore on Coal India.
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