Considering the presidential directive to state-run miner Coal India (CIL), the government modified the New Coal Distribution Policy.
It may be recalled that the government issued a Presidential directive asking CIL to supply at least 80 per cent of the quantity committed to power companies last year.
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Manmohan Singh, on June 21 asked CIL to sign FSAs for a total capacity of 78,000 mw including cases of tapering linkage, which are likely to be commissioned by March 31, 2015.
Following this, the government modified the New Coal Distribution Policy and asked CIL and its subsidiaries and SCCL to take further action accordingly.
An Official Memorandum in this regard reads the following :"Taking into account the overall domestic availability and the likely actual requirements of these TPPs, it has been decided that FSAs will be signed for the domestic coal quantity of 65 percent, 67 percent and 75 percent for ACQ (annual contracted quantity) for the remaining four years of the 12th Plan".
Earlier, the Policy said the Coal India (CIL) would supply 100 per cent of the committed quantity to power plants at prices to be notified by the coal PSU.
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine
Pls invite me all auction in gujarat
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors.....
pls call +910842559230