Coal India signs 82 FSAs for about 34,793 MW power capacity

Coal India Limited (CIL) has signed 82 fuel supply agreements (FSAs) with power plants of a total generation capacity of 34,793 MW as of 25 July 2013, giving a big boost to the power sector.

This includes 16 power stations belonging to NTPC and its joint venture companies.

CIL will shortly sign 11 more FSAs with NTPC or its JVs, while another 23 FSAs with state and private sector entities are in the pipeline.

These FSAs are part of the 131 FSAs for a capacity of 60,678 MW, which CIL was directed to sign in February 2012. This will substantially increase the power generation during the current and subsequent years, a coal ministry release said today.

Besides, the coal ministry has asked CIL to sign FSAs for a capacity of 78,000 MW instead of the earlier 60,678 MW, under a Presidential directive issued on 17 July 2013.

This will not only increase the power generation further but will also fast track several power projects, which are under development, the release added.