Friday 6 September 2013

Coal India inks fuel supply agreements with 140 power plants

Coal India has so far entered into fuel supply agreements (FSAs) with about 140 power plants, amid the deadline for signing FSAs expiring last month. Some agreements are yet to be signed because of certain issues concerning those power plants. The world’s largest coal miner has to sign 173 FSAs for a capacity of 78,000 MW.

Recently, the company had reported provisional production of 31.68 million tonnes in August 2013, as against target of 32.73 million tonnes. The company’s total off-take for the month of August stood at 35.10 million tonnes as against a target of 35.54 million tonnes.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

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