- Coal India modified FSA document cleared by board
Coal India board approved the FSA without price-pooling with 65 per cent domestic coal and 15 per cent imported coal at cost plus basis.
- CIL independent directors seek more time for new fuel supply agreement format
Independent directors of CIL have sought more time to fully understand the impact of price-pooling and the new-format fuel supply agreement.
- Coal India to revise fuel supply pact with power units formed after December 2009
The 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 Tuesday
Coal 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 agreement
Coal 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 agreements
Coal 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 units
Coal 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 supply
NTPC 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 ...
- Buy Coal India on declines: VK Sharma, HDFC Securities
Coal India is a good bet at this point of time. The Fuel Supply Agreement(FSA) has been signed. Unless the penalty clause is revised, CIL c...
- Clauses in FSA to safeguard financial interest: Coal India Ltd
CIL has informed the Coal Ministry that fuel supply pact clauses being opposed by a few companies are aimed at safeguarding the interest of...
- Government says may tweak penalty clause in fuel supply agreement if required
We 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 required
NTPC 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 supply woes: Power Ministry seeks PMO help to resolve FSA impasse
Power Ministry has sought the intervention of the PMO to resolve the issues related to CIL's new fuel supply agreement, sources said.
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.
CIL agrees to FSAs but will pay only a marginal penalty for defaultCoal India will sign fuel supply agreements (FSAs) with power companies in a few days but it will pay only a marginal penalty for default.
- UK watchdog fines Goldman $27 million
A British watchdog hit the iconic but controversial Wall Street bank Goldman Sachs with a huge fine of £17.5 million on Thursday, for infor...
- Coal India to sign FSA with NTPC, SEBs
State 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...