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

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..