S Narsing Rao, Chairman, Coal India said the company expects to maintain its 8.5 percent off take throughout this fiscal. However, he is hopeful of higher volumes.

New FSA: No major variation for private & PSU cos, says CIL

Coal India's new model Fuel Supply Agreement (FSA) for power companies has not really been welcomed with open hands. CIL chairman S Narsing Rao says there are not any substantial variations between the public sector version and the private sector version, but a couple of clauses relating to, for example, guarantee and security deposit.

SEB package foolproof; intervention was necessary: Feedback

Giving his views on the financial restructuring of State Electricity Boards, Vinayak Chatterjee, Chairman of Feedback Infrastructure said that the package is fairly foolproof and this intervention was necessary otherwise nobody was able to see the road forward.

Coal India aims at 113 MT off-take in Q2; 470 MT in FY13

Coal India CMD S Narsing Rao says that they aim to achieve an off-take of 113 million tonne is Q2, and 470 million tonne in FY13.

Coal India will finalise 40 FSAs soon: CMD

State-run Coal India is expecting to finalise the pending fuel supply agreement (FSA‘s) soon. The company which has singed around 29 FSA with several power companies has yet to sign 40 FSAs, the firm's chairman S Narsingh Rao told CNBC –TV18

Numerous statutes, laws hamper infra initiatives: 3i Asia

Anil Ahuja, head-Asia, 3i Asia, explains to CNBC-TV18 that desire to initiate infrastructure projects is hampered by numerous statutes and laws.

Will consider 'reasonable' changes in FSA clause: Coal Min

Coal Minister Sriprakash Jaiswal is expecting a breakthrough in fuel supply agreement (FSA) issue and allocation of coal blocks within a month. In an exclusive interview to CNBC-TV18, he said that the crucial meeting with CMO is expected tomorrow on issues related to the Coal India FSAs like the penalty and import.

Can't sign FSA on trigger level of more than 65%: CIL

Country's largest coal producer Coal India has introduced a one-time offer that allows power utilities to lift the fuel directly from mines.

Will meet targets, customers to pay import cost: Coal India

Coal India, CMD, S Narsing Rao spoke to CNBC-TV18 after announcement of results and said that he is confident the PSU will meat its production target for the year.

Penalty to go up once CIL ramps up production: NTPC's CMD

Arup Roy Choudhury, the chairman and managing director of NTPC, believes the penalty on supply defaults will be hiked once Coal India succeeds in ramping up its production capacity.

To sue Coal India despite lower penalty in pact: TCI Fund

Chris Hohn, chief investment officer, The Children's Investment Fund told CNBC-TV18 that the CIL board‘s decision to sign the FSAs on zero penalty a “victory for the shareholders and the independent directors”

Plan to launch legal action against Coal India: TCI

In an interview to CNBC-TV18, Oscar Veldhuijzen, Partner, The Children's Investment Fund says that TCI plans to launch legal action against Coal India and have instructed its lawyers luthra & Luthra to begin legal process against CIL.

Coal India free to decide on penalty clause: Jaiswal

Coal minister Sriprakash Jaiswal spoke to CNBC-TV18's Anshu Sharma about the impact and various aspects of the Presidential directive ordering Coal India to sign FSAs with power companies.

Removal of import duty to ease supply pressures: CIL

Zohra Chatterji, chairperson and managing director of Coal India, tells CNBC-TV18 that the removal of the import duty on coal has helped alleviate pressure on the company to meet domestic demand.

Expert views: Can CIL ramp up production to meet FSA task?

In an interview to CNBC-TV18, Suhas Harinarayanan, Co-Head of Research, Religare Capital Markets and Ashok Kumar Khurana, Director General, Association of Power Producers talk about the outcome of yesterday's power meet.

FSA: Problem pushed from supply end to distribution end?

This directive will mean providing coal to around 25,000 megawatts of power units already commissioned and further 60,000 megawatts of power units that will come up by 2015.

CIL can up production by 10-15% post FSA notice: Tata Power

With majority of the power generation in India coming from coal, Anil Sardana, the managing director of Tata Power tells CNBC-TV18 that the PMO's directives are a step in the right direction.

NTPC to award Rs 160 bn project post Ansaldo bid overrule

The Supreme Court today ruled in favour of NTPC with regard to the bid by Ansaldo Caldaie Boilers, a joint venture of the Italian company and Gammon India, after a two-year tender dispute with the state-run power producer.

FSA welcome but clear hurdles for CIL to perform: Ex-CMD

State-run Coal India (CIL), agreeing to sign the Fuel Supply Agreements (FSA) with private-sector power firms to ensure sufficient supply of dry fuel has not come as a surprise to P.K Sengupta former chairman of the country’s largest coal producer.

To sign FSAs based on 12th Plan project list: Coal India

Zohra Chatterji, chairperson and managing director of Coal India said that they will sign FSAs only after the power ministry provides the list of power projects.

PM has resolved a longstanding issue: Power Producers Asso

Today, the government announced that Coal India will sign fuel supply agreements with private power companies by March 31. Ashok Kumar Khurana - the director general of Association of Power Producers says, the Prime Minister has resolved a longstanding issue.

GCV-based pricing good for Coal India: Sriprakash Jaiswal

A day after Coal India, rolled back a hike in prices, union coal minister Sriprakash Jaiswal in an interview to CNBC-TV18 said the company had hiked prices due to requests from end-users like the power and cement sector.

SEBs weak finances has made recovery difficult: Tata Power

State electricity boards (SEBs) deteriorating financials have made recoveries difficult, says Anil Sardana, managing director of Tata Power.

Switch to new pricing scheme in calibrated way: Coal India

Speaking to CNBC-TV18, NC Jha, chairman of Coal India said, the switch to GCV has led to huge rise in C, D and part of E quality coal.

Plan to hike capacity to 10mt by end of next yr: JK Lakshmi

Speaking to CNBC-TV18, Shailendra Chouksey, wholetime director, JK Lakshmi said that their current capacity is 4.8 million tonne. The company is working on several projects to boost capacity.