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Companies face issues with Coal India's new FSA

Coal India's new model fuel supply agreement (FSA) for power companies has not really been welcomed with open arms. One could say Coal India's model FSA has private power companies up in arms but it proposes different terms for private and PSU companies.

November 06, 2012 / 19:37 IST
     
     
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    Coal India's new model fuel supply agreement (FSA) for power companies has not really been welcomed with open arms. One could say Coal India's model FSA has private power companies up in arms but it proposes different terms for private and PSU companies.


    Some of the issues that private companies have raised include dispute settlement, suspension of coal supplies and the right to terminate what they believe has been weighed against them in the model FSA. The Association of Power Producers is in fact opposed to two different versions of the agreement.

    first published: Nov 6, 2012 05:53 pm

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