AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Coal India to tweak fuel supply pact clauses.
Byline: Siddhartha P. Saikia
Ministry gets tough after PM notes delays in sealing fuel pacts
The Coal Ministry is talking tough with Coal India. The Ministry has asked the coal PSU to tweak the contentious penalty clause in the latest fuel supply agreements (FSA) with power developers.
The Ministry's tough stand comes after the Prime Minister, Dr Manmohan Singh, in a review meeting last week, took note of the delays in the signing of new fuel supply pacts. After several debates and discussions, Coal India is understood to have agreed to tweak the penalty clause.
According to the zero moratorium clause in the latest FSA, no penalty will be levied …
-
- CIL BOARD FINALLY CLEARS FSAs WITH REVISION IN PENALTY CLAUSE (of 80 Percent...
-
Magazine article from: India Business Insight
August 1, 2012
700+ words
-
- No changes in fuel supply pact clauses: Coal India.
-
News wire article from: Business Line
May 15, 2012
700+ words
-
- NTPC, Coal India to sign fuel supply pacts on 2009 terms.
-
News wire article from: Business Line
May 24, 2012
700+ words
-
- If we import, we will pitch for alanded cost' formula: Coal India chief.
-
News wire article from: Business Line
February 28, 2012
700+ words
-
- Raise penalty in fuel supply pacts, Power Ministry tells Coal India.
-
News wire article from: Business Line
June 9, 2012
700+ words
