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PENALTY CLAUSE IN FSA
- Coal and power ministries to discuss the fuel supply agreement tomorrowThe issue of power generators signing fuel supply agreement with CIL is expected to figure prominently in the meeting between coal and powe...
- NTPC & CIL agree on 80% penalty clause for new units, fuel supply pact soonState-run power producer NTPC has agreed to sign the new fuel supply agreement (FSA) with Coal India, signalling an end to their long stand...
- Coal India agrees to changes in FSA with state-nominated agenciesCoal India (CIL) has agreed to certain changes in the fuel supply pact to be entered with state-nominated agencies.
- Coal India to revise fuel supply pact with power units formed after December 2009The revision will be done to include new agreed clauses, which involve higher penalty payment by CIL for short supply.
- Coal India board to meet to resolve penalty issue on TuesdayCoal India is likely to resolve the penalty issue and finalise new fuel supply agreements (FSA) in its board meeting on August 7.
- Coal India board to meet on Aug 7 to frame new fuel supply agreementCoal India (CIL) board is scheduled to meet on August 7 to finalise new fuel supply agreement (FSA) to be made with the power firms.
- Coal India Ltd to revise penalty clause for fuel supply agreementsCoal India will revise the penalty clause for the fuel supply agreements but has stuck to the 80% trigger level.
- Coal India signs fuel supply pacts with 27 power unitsCoal India Ltd (CIL) has entered into fuel supply pacts with 27 power units, including Adani's Mundra Power plant in Gujarat.
- NTPC: 25,000 MW by 2012 possible if Coal India assures fuel supplyNTPC said it can meet the thermal power generation target of 25,000 MW by 2017 if it gets the fuel supply assurance from CIL in the next 6 ...
- Hopeful of a solution between CIL, NTPC over FSA soon: Coal MinistryThe Coal Ministry today said it is hopeful of a solution soon to disagreement between power major NTPC and CIL.
- Power ministry in talks with coal ministry over penalty clause in FSAThe power ministry is in talks with the coal ministry over the penalty clause in FSA and hopes to sign pacts with amended conditions soon.
- Clauses in FSA to safeguard financial interest: Coal India LtdCIL has informed the Coal Ministry that fuel supply pact clauses being opposed by a few companies are aimed at safeguarding the interest of...
- Looking into the penalty clause in FSA: Sushilkumar ShindeCoal ministry was not signing FSA since 2009. We brought it to the notice of the PM who intervened at the right time and gave directions to...
- Coal Ministry asks CIL to examine FSA issues flagged by power companiesThe Coal Ministry has asked CIL to examine issues, including changes in penalty clause, raised by the power producers regarding the model F...
- Coal India has signed FSA with around 18 power plants: GovernmentGovt said CIL has signed pacts with 18 power plants for supply of the fuel, amid electricity producers' reservations about certain clauses ...
- Government says may tweak penalty clause in fuel supply agreement if requiredWe are trying to address the complains of NTPC. If required changes may be made in the penalty clause & we will also ask CIL board for the ...
- Government may tweak penalty clause in FSA if requiredNTPC had strongly objected to CIL's new clauses in the FSA, including penalty clause which has been brought down to the level of 0.01 per c...
Coal India signs fuel supply pacts with 14 power plantsSo far other power firms with which CIL has entered into pacts includes Reliance Power's Rosa Power project, Lanco Anpara Power and Bajaj H...- CEA to meet power firms over Coal India penalty clausePower firms that have not signed the fuel supply pact with Coal India contesting its minimum penalty clause are meeting CEA tomorrow.
- Coal India to sign FSA with NTPC, SEBsState owned Coal India Ltd (CIL), which has set a target of producing an additional 160 million tonne of coal in the 11th plan, will sign a...
Load More- Coal India to revise fuel supply pact with power units formed after December 2009
