Bina TPP (Thermal Power Plant) entered into the fuel supply pact with the coal PSU on November 26, the Minister said. The Minister also said that all the concerned power firms have been impressed upon to sign the FSAs at the earliest. "Ministry of Coal has also advised CIL to consider resolution of certain clauses of model FSAs on which concerns have been raised, to further facilitate signing of FSAs with power firms/stations," he said.
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The Minister said the modified FSA models applicable to new power plants provide for supply of coal from domestic sources as well through imports. "The imported coal under the FSA would be supplied on cost plus basis i.e the actual cost of imported coal at unload port plus the applicable service charge," he said. Replying to a question on the proposal of Central Electricity Authority (CEA) regarding pooling of price for both domestic and imported coal, the minister said in line with the directions of the CIL board, letters were sent to all power stations by the coal PSU, requesting them to send their reaction on it.
"While many of the power stations have intimated their agreement with the proposal, a few of them have indicated their disagreement. Some of the power stations have sought further clarifications," he said. As per the Presidential Directive to Coal India, the PSU has to supply a minimum 80 per cent of the requirement to power companies.
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