Ministry asks Coal India to examine contentious FSA issues
Power companies have refused to ink fuel supply pacts with the miner due to insertion of new clauses
The Coal Ministry has asked Coal India to examine issues, including changes in penalty clause, raised by the power producers regarding the model fuel supply agreement. The move comes against the backdrop of NTPC and many power companies refusing to ink fuel supply pacts with Coal India Ltd (CIL), disagreeing with introduction of new clauses.
Publication Date:
23/05/2012