The inter-ministerial panel (IMP) formed to look into fuel issues of power plants that are stranded due to unavailability of coal will meet for the first time
Following a direction from the cabinet committee on economic affairs (CCEA), the coal ministry has set up an inter-ministerial panel to look into coal linkages of the power plants - having aggregate capacity of 16,000MW - which are at the advanced stages of commissioning.
"That (Inter-Ministerial Group) has been constituted. It is meeting tomorrow. We are going to take up those issues as to how to address those power plants which are stranded for the want of coal," coal secretary SK Srivastava said. "The CCEA has taken a decision that the IMG should look into it and see what can be done. But we have to examine it from all perspectives," he added.
However, Srivastava declined to identify the companies which are stranded for want of coal.
The committee, under the chairmanship of Srivastava, has members from ministries including power, steel, railways and law.
A total of 143 fuel supply agreements (FSAs) are to be signed by Coal India Limited (CIL) by 2014-15 to cater to identified power projects of 60,000MW capacity, which have been assured for coal supply during 12th Five Year Plan period (2012-17), according to an official document. Of these, 92 FSAs are to be signed by the end of this month.
So far, 55 power companies have entered into FSAs with CIL, which accounts for over 80% of the domestic coal production. The CIL board has approved the modified FSA with 65% domestic coal and 15% imported coal.