December 04, 2012 / 19:55 IST
A total of 33 power units, including Rosa and Mundra Adani, having a capacity of 9,671 MW have entered into modified fuel supply agreement (FSA) with Coal India (CIL), Parliament was informed. Of the total 33 power units, 10 belong to Bajaj Energy, three of Rosa Power Supply Company Ltd, one of Rosa, three of Mundra Adani, one of Sterlite Energy, among others, Minister of State for Coal Pratik Prakashbapu Patil said in a written reply to Lok Sabha.
Bina TPP (Thermal Power Plant) entered into the fuel supply pact with the coal PSU on November 26, the Minister said. The Minister also said that all the concerned power firms have been impressed upon to sign the FSAs at the earliest. "Ministry of Coal has also advised CIL to consider resolution of certain clauses of model FSAs on which concerns have been raised, to further facilitate signing of FSAs with power firms/stations," he said.Also Read:Coal India Board to discuss price pooling in Dec meetCIL lines up Rs 50,000 cr investment plans for next 5 yearsThe Minister said the modified FSA models applicable to new power plants provide for supply of coal from domestic sources as well through imports. "The imported coal under the FSA would be supplied on cost plus basis i.e the actual cost of imported coal at unload port plus the applicable service charge," he said. Replying to a question on the proposal of Central Electricity Authority (CEA) regarding pooling of price for both domestic and imported coal, the minister said in line with the directions of the CIL board, letters were sent to all power stations by the coal PSU, requesting them to send their reaction on it."While many of the power stations have intimated their agreement with the proposal, a few of them have indicated their disagreement. Some of the power stations have sought further clarifications," he said. As per the Presidential Directive to Coal India, the PSU has to supply a minimum 80 per cent of the requirement to power companies. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
