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FSAs to power projects

FSAs to power projects

The Union Coal Ministry gave a commitment for fuel supply agreements (FSAs) to 11 power projects with an investment of Rs 52,349 crore. With this, the government has broken the four year jinx in signing FSAs in the country.

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CIL not to sign MoU

CIL not to sign MoU

The board of Coal India (CIL) decided not to sign any more Memorandum of Understanding (MoU) for supply of coal to power firms after December. As of now, CIL is said to be supplying about 49 million tonne of coal through MoU route and this is said to be one of the reasons why power utilities are hesitant to sign fuel supply agreements (FSA).

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CIL not to sign MoU

CIL not to sign MoU

The board of Coal India (CIL) decided not to sign any more Memorandum of Understanding (MoU) for supply of coal to power firms after December. As of now, CIL is said to be supplying about 49 million tonne of coal through MoU route and this is said to be one of the reasons why power utilities are hesitant to sign fuel supply agreements (FSA).