Coal India Ltd.

Coal India has entered into fuel supply agreement (FSA) with 14 power units up till now, CESC was the last unit with which the PSU has signed the fuel supply pact. Other power firms with which the company has entered into pacts includes Reliance Power's Rosa Power project, Lanco Anpara Power and Bajaj Hindustan

However, some of the power units have declined to sign the pact on account of their opposition on some of the clauses of the model FSA. Power producer NTPC is among the companies that have refused to sign FSA. The model FSA comprises clauses like suspension of supply of coal to power firms if they were found diverting the dry fuel for any purpose other than the specified end-use plant.

In April, the government instructed Coal India to commit a minimum of 80% of fuel supply to power producers, failing which would attract penalty.

Recently, Coal India entered into a Memorandum of Understanding (MoU) with government of Limpopo, South Africa for jointly identifying, exploring and developing coal mines.