APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT

APMDC Suliyari coal upcoming auction 75,000 MT for Pan India Open on 15th Oct 2024 / 15th Nov 2024 & 16th Dec 2024 @ SBP INR 3000/- per MT

Notice regarding Bidder Demo of CIL Tranche VII STEEL-Coking SUB-SECTOR of NRS Linkage e-Auction scheduled on 19.09.2024 from 12:30 P.M. to 1:30 P.M. in Coaljunction portal

Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal Welcome to APMDC Suliyari Coal

Coal news and updates

Coal India signs 160 fuel supply agreements with power plants

09 Apr 2014

Amid continuous delays, state- owned Coal IndiaBSE 0.97 % (CIL) has so far signed 160 fuel supply pacts with power units. 
 
The Cabinet Committee on Investment ( CCI) had earlier stated that the timelines for signing of fuel supply pacts for power projects of 78,000 MW capacity should be met. 
 
"As of now Coal India has signed 160 fuel supply agreements (FSAs). There are still some more to be signed," a Coal India official said. 
 
The official added that CILBSE 0.97 % has to sign 172 FSAs for a capacity of 78,000 MW. 
 
Power projects with 78,000 MW capacity have been approved for coal supplies by the Cabinet Committee on Economic Affairs (CCEA). For these projects FSAs would be signed for 172 units covering 134 Letter of Assurances (LoAs). 
 
"(Overall) 177 LoAs (Letter of Assurances) were issued by CIL and its subsidiaries for power projects to be commissioned during the 11th and the 12th Five year Plan. These LoAs cover a capacity of about 1,08,000 MW," according to a Coal Ministry document. 
 
Two deadlines set for the signing of FSAs by CIL with the power producers could not be adhered to. The Coal Ministry had set the deadline of August 31, 2013 for signing of the FSAs, which could not be met. The second deadline was set for September, last year. 
 
 
Source: PTI