‘Power producers to sign FSA even if no PPA exists’https://indianexpress.com/article/news-archive/web/power-producers-to-sign-fsa-even-if-no-ppa-exists/

‘Power producers to sign FSA even if no PPA exists’

The power ministry today said Coal India (CIL) has agreed to enter into fuel supply pacts with power companies even if they do not have electricity purchase agreements in place

The power ministry today said Coal India (CIL) has agreed to enter into fuel supply pacts with power companies even if they do not have electricity purchase agreements in place.

Power minister Veerappa Moily said most of the issues related to fuel supplies have been sorted out with the coal ministry as well as CIL.

“We have sorted out many things related to coal sector during our recent meetings with the coal minister and coal secretary,” Moily said while addressing the Economic Editors’ Conference here.

Power secretary P Uma Shankar said “(now) even if the power purchase agreement (between power generator and distribution companies) is not signed by a power generator,the FSA still can be signed (with CIL).”