×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Coal linkages of 25 captive power plants cancelled

Coal linkages of 25 captive power plants cancelled
PTI
Comment E-mail Print Share
First Published: Fri, Jul 03 2009. 09 28 PM IST
Updated: Fri, Jul 03 2009. 09 28 PM IST
New Delhi: Cracking the whip on power firms, the government today cancelled the coal linkages of 25 captive power plants with a combined capacity of 1,292 MW and requiring 5.844 million tonnes of coal per annum.
It was noted that despite a considerable lapse of time, these 25 CPPs failed set up power plants in spite of having been accorded coal linkage by the ministry between 1996 and 2006, coal minister Sriprakash Jaiswal said.
Apart from this, “in seven cases appropriate directions have already been issued for signing the fuel supply agreement (FSA).”
“Whereas in the remaining 19 cases CIL has been asked to place their names on the websites and also send letters asking them to give detailed project status within 15 days failing which linkage will be cancelled without any further notice,” Sriprakash Jaiswal said.
These linkages were allotted between 1996 and 2006.
Last month, the ministry held a meeting with private and public sector companies including NTPC, SAIL, and NMDC and reviewed the progress of work on the captive coal blocks allotted to them.
The Coal Ministry has already served de-allocation notice on 14 coal properties.
Comment E-mail Print Share
First Published: Fri, Jul 03 2009. 09 28 PM IST