Private sector power producers started signing fuel supply pacts (FSA) with Coal India Ltd. This is irrespective of criticism by private sector power lobby that the draft agreement is “heavily biased” in favour of the coal major.
According to CIL sources, till Wednesday 10 coal-based power units, out of a total of 48 seeking fuel supplies, have entered into firm pacts with miners.
Private major Lanco has signed FSAs with the Singrauli-headquartered Northern Coalfields Ltd (NCL) for the 2 X 600 MW Anpara thermal power station in Sonebhadra district in Uttar Pradesh.
The project is implemented by Lanco Anpara Power private Ltd.
Bajaj Energy, a relatively smaller private player, entered firm pacts with Ranchi headquartered Central Coalfields Ltd (CCL) for its 4 X 45 MW plant in Uttar Pradesh.
Bajaj Energy is a part of the Bajaj Hindusthan group.
This apart, Rajasthan state utility has entered agreements with the Bilaspur-headquartered South Eastern Coalfields Ltd (SECL) for fuelling power stations in three different locations in Rajasthan. NCL, CCL and SECL are wholly owned subsidiaries of CIL.
Dr Ashok Khurana, Director-General of Associated Power producers earlier said: “This draft FSA is heavily biased against the power sector developers”.