Coal news and updates

Mahagenco has entered into a memorandum of understanding with Singareni Collieries Company Limited for supply of 10 lakh tonnes (one million tonnes) of coal for their new thermal power projects.

 

The agreement was signed in the presence of N Srinivas, Executive Director (Coal Movement) by representatives of both the organisations at Singareni Bhavan. This comes a day after Singareni entered into a similar arrangement with Tangedco.

 

The State-owned Mahagenco has been a customer of Singareni and had earlier entered into an MoU for supply of 2.26 MT of coal for Parli thermal power plant.

 

New power projects

Keeping in view the consistency in coal supply from Singareni, Mahagenco has inked an agreement for supply of 10 lakh tonnes of coal to meet the requirements of their new power projects at Parli 250 MW plant and Korade 8,9,10 units (each 660 MW capacity) on a bridge linkage policy.

 

The Maharashtra power company has linkages with Coal India companies — Western Coalfields (Maharashtra), South Eastern Coalfields (Chhattisgarh) and drawing coal for their power plants.

 

Bridge linkage

Now, Singareni Collieries has been approached for 1 million tonnes coal during the current financial year as bridge linkage to new power projects.

 

During the meeting, they also discussed with Singareni for supply of one million tonnes more coal during this financial year for Chandrapur, Kaparkhada and Nasik power plants too.

Source: Business Line