Daily Archive: September 21, 2012

SEB loan recast to raise power tariffs

A proposal to restructure state electricity board (SEB) loans, which is slated to be taken up by the Cabinet for approval shortly, seeks to specifically target short-term loans of about Rs 1,20,000 crore of...

Coal India in price pooling dilemma

Maharatna major Coal India Ltd’s (CIL) decision to goahead with modified fuel supply agreement (FSA) without price pooling was triggered by concerns raised by various power producers, a top company official said. The Kolkata-based...

Coal India’s modified FSA

Coal India Ltd’s (CIL) board approving the modified Fuel Supply Agreements (FSAs) does not mean power plants will start getting assured supplies of coal to generate power, as new producers might not agree to...