The existing Coal Distribution Policy has been modified by the Coal Ministry to clear the legal hurdles being faced by Coal India Limited (CIL) and to reduce its coal supply commitment from 100% to 80% in new Fuel Supply Agreements (FSA) as well as import of coal to meet the shortfall of power production.
Some of the features of the revised Coal Distribution Policy are:
- Minimum supply commitment of 80% of coal requirement by power plants while signing fresh fuel supply agreements for 78,000 MW capacity that may be commissioned during April 2009- March 2015.
- During the remaining four years of the current 12th Five-Year Plan, the coal PSU has to supply 65-75% coal from domestic sources while the balance fuel requirement can be met with imports.
- CIL will supply imported coal on cost plus basis. However, the power companies have choice to import coal on their own.
- CIL will supply 65% domestic coal during 2013-14 and 2014-15, 67% in 2015-16 and 75% in the terminal year of the Plan.
Coal Ministry has directed CIL to sign FSAs for 78,000 MW capacity out of which so far FSAs for around 34,793 MW capacity.
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