The board, on the urging of six independent members, had earlier turned down a government directive to commit at least 80 per cent supply to power companies.
It is likely to meet on April 16 to approve FSAs for a combined 28,000 Mw of projects commissioned before December last year.
The signing would break a three-year logjam with consumers over supply commitments.
Last week, a Rashtrapati Bhavan directive was issued to Coal India to sign the supply pacts.
"The board would meet on April 16 and 17 to approve the FSAs. This is merely a formality after the President's directive," a senior official from the coal ministry told Business Standard.
One of the board members has said they were planning to sign FSAs with at least 50 companies after the meeting.
"These include NTPC,
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