CIL Eases Sale of Surplus Power to Open Market

08 Aug 2025 CW Team

In a significant policy shift, Coal India Limited (CIL) has approved the sale of unrequisitioned surplus (URS) power generated by thermal power plants using its linkage coal under long- and medium-term fuel supply agreements (FSAs) in the open power market and exchanges, effective from 1 August 2025.

Previously, thermal power plants (TPPs) supplying electricity under power purchase agreements (PPAs) using CIL’s linkage coal were restricted from selling any power outside the bounds of those agreements. The earlier policy disallowed electricity generated from FSAs to be sold in the open market.

Aligning with the revised SHAKTI policy, CIL has removed this restriction, allowing all power generators—Central and State government-run plants, as well as independent power producers—to participate in the power exchanges with surplus electricity generated from CIL-linked coal.

A senior CIL official commented, “We have been strengthening our relationship with consumers. This new policy enables the power sector to meet consistent demand for affordable electricity.”

The availability of additional power on exchanges is expected to help stabilise spot prices, promoting affordable supply across the country.

In a similar move last August, CIL had lifted a cap on coal supplies, previously limited to 120 per cent of the Annual Contracted Quantity (ACQ), permitting supplies beyond the cap for all TPPs, including independent power producers.

For the current financial year, CIL has about 650 million tonnes of FSAs committed to the power sector, underscoring its central role in supporting energy availability and pricing stability.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..