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Coal pledge for 9 power plants

December 27, 2013 

Nine power plants on Thursday got the Cabinet's assurance of coal supply for at least three years.

Government's statement did not identify the nine plants that stand to benefit from the tapering linkage - an arrangement that ensures coal supply to power plants that have captive blocks not developed due to delay in getting approvals. Power plants with tapering linkage would get the fuel from state miner Coal India.

The projects in questions were stranded as a result of the environment ministry's no-go policy of 2010, which barred mining in critically polluted areas.

The Cabinet had earlier this year approved coal supplies to 78,000-Mw-capacity projects, including 24 plants, based on tapering linkages.

 

Source: http://www.business-standard.com/article/economy-policy/coal-pledge-for-9-power-plants-113122700023_1.html

 

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