Coal India Limited (CIL) and National Thermal Power Corporation Limited (NTPC) have recently signed Fuel Supply Agreements (FSA) for 16 Coal based Power Projects of NTPC.
With this the score of FSAs signed by CIL has reached to 82 for around 34,793 MW Capacity. The 16 FSAs signed with NTPC includes 11 with NTPC itself and 5 with Joint Ventures (JV) of NTPC.
Further, according to sources 6 FSAs for 4480 MW capacity with NTPC and 5 FSAs for JVs of NTPC are under the process of signing.
Earlier, the Coal Ministry has directed CIL to sing FSA sor around 78,000 MW capacity to ensure committed supply of coal to power sector.
In addition to the above mentioned FSAs, some more FSAs are likely to be signed soon as 5 projects of state sector and 11 projects of private sector have achieved the requisite milestones for conversion of Letter of Assurance (LoA) TO FSA.
7 cases are awaiting declaration of Commercial Operation Date (CoD) by Central Electricity Authority (CEA) while in five cases milestones are under verification.
According to the Coal Ministry, these efforts and constant monitoring will result in signing of more FSAs during the coming weeks, which will help to improve the power generation in the country.
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