The negligible penalty for supply shortfall set by state-owned Coal India (CIL) as a condition for committing supply to fuel-starved power plants is not the only reason why power companies have rejected the new model supply agreement. This has brought the government’s efforts to resolve the ongoing coal crisis back to square one. A detailed analysis of the contentious clauses in the new fuel
In a meeting with the Central Electricity Authority (CEA), power producers on Wednesday rejected Coal India (CIL)’s fuel supply agreement (FSA). The bone of contention remained CIL’s
Amid the growing restriction over the availability of coal in the country, the ministries of coal and power have arrived at a consensus to freeze the capacity and list of power projects linked to
In a twist to the unending drama over coal supply, Coal India's Ltd (CIL) has refused to supply to power plants commissioned since December 2011. The move is set to stall investment worth Rs
The Children’s Investment Fund (TCI), the largest minority shareholder in Coal India Ltd (CIL), has rubbished the government’s argument that it was acting in public interest while
At a time when Coal India Ltd (CIL) is being pushed to sign fuel supply agreements (FSAs) with power companies, the state-run firm has said it needs at least 70 project proposals to be cleared in
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