Coal news and updates

Coal supply ensured to TPPs slated for commissioning by Mar ‘15

February 11: The Government of India has decided on the supplies of domestic coal to thermal power plants (TPPs) for up to a capacity of 78,000 MW commissioned/to be commissioned during/up to March 31, 2015, a release said.

Keeping in view availability, supply of domestic coal from Coal India Limited (CIL) has been fixed at 65%, 65%, 67% and 75% respectively during the remaining four years of the 12th Plan, the release said.

In order to meet the balance fuel supply agreement (FSA) obligations, CIL has been mandated to import coal and supply the same to the willing TPPs on a cost-plus basis whereas TPPs can also import coal themselves.

CIL has executed 157 FSAs for the total capacity of 71,145 MW with eligible power producers. However, the coal producer has not yet commenced the process of obtaining firm indents for imported coal from the power producers backed by advance payments.