Power Firms

Gas price hike: How govt looks to cushion power firms

But higher gas prices, on the heels of an increase in coal costs agreed last week, could translate into higher power costs for consumers and more costly fertiliser for farmers, which could cost the government votes in elections due by next May.

Now pay more for electricity: CCEA allows power firms to pass on coal costs

The Cabinet Committee on Economic Affairs (CCEA) approved the proposal to boost power generation by using imported coal as domestic output falls short of demand, triggering power cuts in several places.

Brace for higher bills: Centre allows power firms to pass on coal costs

The move comes as the coalition government is trying to tackle a raft of economic reforms, some of them leading to unpopular price rises.

Coal India ready to sign modified FSA with power firms

Public sector Coal India Limited (CIL), the world's largest coal miner, Tuesday said it is now ready to sign the modified Fuel Supply Agreement (FSA) with power firms on the cost-plus basis as its board approved the final draft of the model

Coal India to modify fuel supply pacts with power firms

Central Electricity Authority (CEA), in a letter, would inform the Power Ministry about the necessary modifications to be made in the FSAs

Power firms, Coal India to sign fuel supply agreements

For power plants that were commissioned up to 31 December 2011, FSAs will be signed before March-end, a PMO statement said today.