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June 9, 2012

Adani Power signed FSA with Coal India for its Mundra power plant…

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Adani Power Ltd has signed a Fuel Supply Agreement with Coal India for supply of coal it its Mundra Power Plant in Gujarat.

 

The 4,620 MW coal-based Mundra thermal power project, which was commissioned in February 2012 is primarily linked to overseas and domestic captive sources.

 

With this almost all the private sector majors have entered FSA with CIL for projects commissioned between April 2009 and December last year.

 

Other private operators who entered the pact so far are: Kolkata-headquartered CESC Ltd; Reliance Power-controlled Uttar Pradesh-based Rosa Power; Lanco and the UP-based Bajaj Energy for a combined capacity of 2,530 MW.

 

The total number of supply pacts signed stands at 15 out of 48 identified projects.

 

While a couple of state utilities have also entered the pact, the Union Government-controlled NTPC Ltd is yet to join the bandwagon.

 

The public sector major has demanded roll back of the existing draft, cleared by CIL board.

 


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