Only 48 power companies sign fuel supply pacts
POWER & RENEWABLE ENERGY

Only 48 power companies sign fuel supply pacts

Only 48 power producers have inked fuel supply pacts with state-run Coal India, even as the second deadline set by the Prime Minister's Office for signing these agreements ended recently. The Principal Secretary to Prime Minister had in a meeting in December 2012 directed that the remaining FSAs should be signed within a month's time. During the meeting, the Principal Secretary was apprised that 33 out of the 87 companies have not signed the FSA with DVC (Damodar Valley Corporation) having done so most recently.

Only 48 power producers have inked fuel supply pacts with state-run Coal India, even as the second deadline set by the Prime Minister's Office for signing these agreements ended recently. The Principal Secretary to Prime Minister had in a meeting in December 2012 directed that the remaining FSAs should be signed within a month's time. During the meeting, the Principal Secretary was apprised that 33 out of the 87 companies have not signed the FSA with DVC (Damodar Valley Corporation) having done so most recently.

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