Coal India

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …

Ministry plans sovereign fund for coal buys abroad

New Delhi The coal ministry has proposed a sovereign fund to facilitate the acquisition of coal properties abroad. The proposal comes following the demands from steel, fertiliser and power companies that have been trying hard to buy mineral assets in countries like Indonesia and Australia. “Though Coal India has surplus …

CIL refuses coal to Jhajjar power plant

Operating two 660-MW units at the newly commissioned China Light and Power Plant (CLPP) at Jhajjar has almost become impossible for Haryana Power Generation Corporation Limited (HPGCL) as Coal India Limited (CIL) has refused to supply coal to plants commissioned after December 31, 2011. Well-placed sources said CIL had reportedly …

Coal India to Seek PMO Advice on FSAs

Coal India will seek advice from the prime minister’s office through the coal ministry on how to go about signing fuel supply agreements with power units commissioned between January 2012 and March 2015. “We will ask the government on how to go about signing FSAs with plants that have come …

Availability of gas and coal for power sector

This Report of the Standing Committee on Energy deals with the action taken by the Government on the Recommendations/Observations contained in their Tenth Report (Fifteenth Lok Sabha) on the subject ‘Availability of Gas and Coal for Power Sector’ pertaining to the Ministry of Power.

Power cos ask min to ensure coal supply ahead of FSA signing

New Delhi Power companies have sought intervention from the power ministry to ensure that coal supply is maintained to power plants through the memorandum of understanding (MoU) route until fuel supply agreements (FSAs) are signed. This comes after the Central Coalfields Ltd (CCL), a Coal India Ltd subsidiary, recently issued …

NTPC won’t Sign Separate FSAs for New and Old Units

NTPC will not sign separate fuel supply agreements (FSAs) for new units and old units at the same power station as is now required by Coal India. It intends to sign the same set of contracts – the one it has already signed for some of its units. The company …

Coal India refuses supply to new power plants

Producers say move shows CIL's attitude towards meeting fuel supply obligations In a twist to the unending drama over coal supply, Coal India Ltd (CIL) has refused to supply to power plants commissioned since December 2011. The move is set to stall investment worth Rs 40,000 crore in new power …

New coal royalty formula to hit captive miners

The government’s decision to switch to a new royalty formula for coal would erode the benefit currently available to captive coal miners by way of reduced royalty rates. At the same time, it would increase state governments’ royalty collection multi-fold. As captive miners do not engage in any sale, these …

Coal India enters fuel supply pacts with 5 companies

New Delhi State-owned Coal India (CIL) has so far entered into fuel supply pacts with five power firms for minimum assured supply of coal as per a government directive. “So far five firms have signed fuel supply agreements with CIL, including Lanco Anpara Power and Bajaj Hindustan,” a source in …

CIL inks fuel supply pacts with five power firms

State-owned Coal India Ltd (CIL) has so far entered into fuel supply pacts with five power firms for minimum assured supply of coal as per a government directive. "So far five firms have signed fuel supply agreements with CIL, including Lanco Anpara Power and Bajaj Hindustan," a source in the …

NTPC opposition to new FSA likely to hit coal supply plan for power producers

Kolkata India's largest power sector company NTPC's denial to sign the newly formulated fuel supply agreement (FSA) for new power plants is likley to jeopardise the government mandated plan to secure committed coal supply to power producers. NTPC accounts for more than 35% of the quantity that CIL would have …

CIL to finalise 8 fuel pacts by April 24: CMD

Coal India Ltd (CIL), the world’s largest coal producer, would finalise at least eight fuel supply agreements (FSAs) by Tuesday, said its new chairman and managing director, S Narsing Rao. However, sources said the country’s largest power producer, NTPC, was yet to sign new FSA with the city-based company, as …

Lopsided: Power Firms Say No to FSA with CIL

Power producers, including the country’s largest player NTPC, have refused to sign the new fuel supply agreement with Coal India, saying the proposed contract is biased and absolves the state-run company of all obligations. The companies have accused Coal India of frittering away the opportunity provided by the presidential directive …

Coal supply to be suspended if power companies violate FSA

Coal India is preparing to ink pacts with about 40 power firms Power firms entering into a pact with state-owned CIL for a minimum assured quantity of coal will face suspension of supply if found diverting the dry fuel for any purpose other than for the specified end-use plant. "The …

Diversion of extra coal by UMPPs to be scrapped

With CAG breathing down their necks, power and coal ministries have agreed that a blanket relief to ultra mega power projects to divert excess coal to other power plants be scrapped, starting with Reliance Power Ltd’s (RPL) Tilaiya UMPP. “The Ministry of Power is of the view that incremental coal …

CIL initiates process for supply pacts

Forced by a Presidential directive, state-controlled Coal India Ltd (CIL) today initiated the process of signing fuel supply agreements (FSAs) with power companies. It issued model FSA documents to its subsidiary companies, for signing with electricity generators. The move would break a three-year hiatus on coal supply and help raise …

Coal Ministry sits on Bill to set up regulator

Despite the embarrassment faced by the Manmohan Singh government over the “arbitrary” allocation of captive coal mines and the allegations of anomalies in the coal block allocation against the Ministry, the Coal Ministry continues to drag its feet on a Bill to set up a regulator for the coal sector. …

CIL Customers may Bear the Brunt of Expensive Coal Imports

State-run coal company has inserted clause in FSA saying customers will have to accept price changes Coal India has inserted a new clause in Fuel Supply Agreements (FSAs) which says that if the state-run firm needs to import coal to meet its obligations, customers will have to accept the price …

Centre-Didi spat threatens Andal project

The sparring between the Centre and West Bengal government was evident yet again when the Union government threw a spanner in the works of the ongoing Rs 10,000 crore Bengal Aerotropolis Projects Ltd (BAPL), India’s first aero city project, at Andal. The state government and firm officials reacting with shock …

Who’s afraid of auctioning coal?

Centre continues to allocate coal blocks despite calls for competitive bidding THE Union ministries of coal and mines seem to have geared into action after a draft report by the Comptroller and Auditor General of India (CAG) on allotment of coal blocks without auction was leaked to the media. The …

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