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).
Tag: Memorandum of Understanding
Post
Post
Airbus joins Chinese firm to produce green fuel
To jointly explore an alternative fuel for the aviation industry Airbus has signed a deal with Chinese biofuel producer ENN. Airbus, with its parent company EADS Innovation Works, signed the Memorandum of Understanding (MOU) with ENN, one of the leading biofuel producers in China, to develop the fuel made from algae oil, reported Xinhua.
Post
PSPCL, Lanco signs MoU
Punjab State Power Corporation (PSPCL) signed a Memorandum of Understanding with Lanco Infratech to set up a 1,320 MW (2x660 MW) supercritical technology based thermal plant at Bathinda.