Business Daily from THE HINDU group of publications
Sunday, Nov 02, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Coal
Get Latest Quote and Company Info
Coal India hopeful on fuel supply pact

Kolkata. Nov. 1

Coal India is hopeful to sort out the differences with power utilities on entering the fuel supply agreement (FSA) within the extended timeframe of November 30. Larger section of the power utilities led by NTPC refused to sign the pact unless CIL increased the guaranteed supply/offtake level (described as trigger) from the proposed 60 per cent to as high as 80-90 per cent. According to the CIL Chairman, Mr. Partha S Bhattacharyya, the issue was discussed at a recent meetin g between Union Power and Coal Ministries and more talks are likelyMr. Bhattacharya will meet the NTPC Chairman, Mr R. S. Sharma, on November 3 for discussion on FSA. The NTPC chief has reportedly refused to sign the agreement unless the trigger is raised to 90 per cent. –

Our Bureau

More Stories on : Coal | Power | NTPC Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Castlewood offers luxury homes in Hungary, US


Allahabad Bank cuts NRE rates
Veg oil duty hike unlikely to benefit growers and consumers
German State opens representative office in Pune
UK firm to invest $5 m in freight station near Ennore port
‘Bangladesh not in a position to export gas to India’
Coal India hopeful on fuel supply pact
Coal India counting upside potential in credit squeeze
New export duty on iron ore fines leaves Goa mining industry shaken
Weekly News Round-up
Exporters may get cover against default




eWorld



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line