NCL supplies 100 per cent coal to the power houses as per FSA
New Delhi: NCL is entrusted with the responsibility of producing and despatching 91 million tonnes (mt) of coal in the current fiscal. Out of this, more than 92 per cent i.e. 84 mt has to be supplied to the power houses, which are having linkage (fixed agreement) with NCL and most of them are majorly dependent on the company’s coal supply for power generation. The company has also made Fuel Supply Agreements (FSAs) mentioning Annual Contracted Quantity (ACQ) of coal with these power houses so that necessary and incessant supply of coal may be ensured to them. As per the ACQ of the FSA for the current fiscal up to October 6, NCL had to supply approx. 39 mt of coal to the power houses whereas company has supplied approx. 38 mt to them. Thus, the company has supplied almost 100 per cent coal as per FSA to the power houses having linkage with it.
News Must Read
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area