PSU NEWS
CIL to broaden coal auction power companies in focus
KOLKATA.A CIL official told FE that some plants are flush with coal while some others have neither coal supply nor power purchase agreement. In some cases, they have coal supplies but do not have power purchase agreements with distribution companies.
Also, some plants have the letter of assurance for coal supplies and have signed power purchase agreements but not getting the fuel. According to norms, plants with only valid power purchase agreements are entitled to get coal but in many cases plants with valid power purchase pacts are coal starved due to which they are unable to produce power and keep their supply obligation
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