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News Brief | March 2016

Coal Ministry to take CCEA nod for fuel supply to power projects

The Coal Ministry will seek the nod of CCEA for coal supplies to power projects with a total capacity of 30,000 MW as some of these plants are likely to get commissioned next fiscal. This assumes significance as the government is looking to provide round-the-clock power to everyone across the country.´Power projects with a capacity of 30,000 mw were given LOAs (Letter of Assurances) in 2009, 2010 and 2011. The Coal Ministry will seek approval of the Cabinet Committee on Economic Affairs (CCEA) for conversion of these LOAs into fuel supply agreements,´ a source privy to the development said. Some of these projects are likely to go on stream in 2016-17, the source said, adding that the ´some of them (power plants) will also get commissioned in 2020 and beyond´.
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