Coal India yet to sign FSAs for around 5,000 MW


New Delhi, June 26 (IANS): State miner Coal India Ltd. (CIL) has till date signed fuel supply agreements (FSAs) for 73,075 MW out of a total generation capacity 78,000 MW, the coal ministry said here.

In a communication, the ministry said FSAs for the remaining 4,925 MW could not be signed due to issues like "extension of coal supplies beyond the period admissible under tapering linkage policy".

Tapering linkage refers to short-term linkage provided to consumers who have been allocated captive coal blocks, which could not be developed along designated timelines.

"Such issues are being considered separately," the document said.

As per the New Coal Distribution Policy, 2007, CIL has to supply coal to power plants with which it has signed FSAs.

Last year, the government issued a Presidential directive to Coal India for signing the accords for a capacity of 78,000 MW.

Two deadlines set for August and September 2013 for signing the FSAs with the power producers have not been met.

However, the state miner, which has a near-monopoly on coal production, accounting for about 82 percent of the country's coal supply, is yet to sign agreements with 12 power units.

  

Top Stories


Leave a Comment

Title: Coal India yet to sign FSAs for around 5,000 MW



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.