Home » News » Mines & Minerals » Supply of Coal To Non-Regulated Sector 

Supply of Coal To Non-Regulated Sector 

The coal supply to Non-Regulated Sector (NRS) is through Fuel Supply Agreements (FSAs) based on their long term linkage /Letter of Assurance (LoA) as recommended by Standing Linkage Committee (Long-Term). The coal supply to the steel Public Sector Units (PSUs) is also through Memorandum of Understanding (MoU). Ministry of Coal vide letter No. 23011/51/2015-CPD (Pt-I) dated 15.02.2016 issued policy guidelines for Auction of linkages of Non-Regulated Sector. In this policy, it has been stipulated that all allocations of linkages/LOAs for non-regulated sector viz. Cement, Steel/Sponge Iron, Aluminum and Others [excluding fertilizer (urea sector)], including their CPPs, shall henceforth be auction based. It is also provided that there will be no renewal of existing FSAs of non-regulated sectors [except FSAs of CPSEs and Fertilizer (urea)]. Coal India Ltd has accordingly been conducting linkage auctions under Non-Regulated Sector, including for Steel, Cement & Sponge Iron, and FSAs are signed with the successful bidders by the subsidiary coal companies of CIL. In addition to it, coal is supplied to the NRS through exclusive e-auction of coal, in which only end use consumers of NRS participate.In the case of steel PSUs, coal supplies through MoU are made to SAIL and RINL. In 2017-18 (up to 31.12.2017), the coal supply through MoU has been 17.97 lakh tonnes.

This information was given by the Minister of Railways and Coal Shri Piyush Goyal in a written reply to a question in Rajya Sabha.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

AJNIFM partners with Microsoft to build an AI and Emerging Technologies Centre of Excellence

 The Arun Jaitley National Institute of Financial Management (AJNIFM) and Microsoft signed a Memorandum of ...

Quick Estimates of Index of Industrial Production and Use-Based Index for the month of April, 2021 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month ...

NHPC’s earns highest ever profit of Rs 3233 Crore during FY 2020-21

NHPC Limited, India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise under Ministry of ...

Fraud in the Name of “Khadi Prakritik Paint”; Delhi High Court Bars a Unit from Using Brand Name ‘Khadi’

Delhi High Court has directed a Ghaziabad-based trader, who indulged in fraudulent manufacturing and selling ...

IREDA invites bids for Rs. 4500 crore Solar PLI scheme

Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & ...

Revenue Deficit Grant of Rs. 9, 871 crore released to 17 States

The Department of Expenditure, Ministry of Finance on Tuesday released the 3rd monthly installment of Post ...

Mineral Production during February 2021 (Provisional)

The index of mineral production of mining and quarrying sector for the month of February, 2021 (Base: ...

Mineral Production during March 2021 (Provisional)

The index of mineral production of mining and quarrying sector for the month of March, 2021 (Base: ...

Guidelines issued for fast and efficient vaccination of Civil Aviation Community

Ministry of Civil Aviation (MoCA) has issued enabling guidelines to facilitate the vaccination program in ...

India to import 4,50,000 vials of Remdesivir

The Government of India has started importing the vital drug Remdesivir from other countries to ...

WP2Social Auto Publish Powered By : XYZScripts.com