The Haryana Power Generation Corporation Limited (HPGCL) has secured coal supply for its power stations by signing a Fuel Supply Agreement (FSA) with three major subsidiaries of Coal India Limited (CIL), namely Central Coalfields Limited (CCL), Bharat Coking Coal Limited (BCCL) and Northern Coalfield Limited (NCL).
The tenure of the FSA has been fixed at 20 Years or the lifespan of the Power Station which ever is lesser.
The signing of FSA is a major step by HPGCL towards ensuring an assured and reliable supply of good quality and sufficient quantity of sized coal for the Generating Stations of HPGCL, so that they keep on running uninterruptedly and provide enough power for overall development of the State, said Sanjeev Kaushal, Managing Director of HPGCL in a release issued on Friday.
He said the FSA is a long term pact between Coal Producers and Consumers, aimed at ensuring a dedicated supply of fuel for the power stations.
“Under the FSA, the above said coal companies have agreed to supply and HPGCL has agreed to purchase every year the Annual Contracted Quantity (ACQ) of coal. The ACQ for HPGCL Power Stations from CCL is 50.90 Lakh MT, from BCCL 18.5 Lakh MT from NCL it is 16 Lakh MT,” he said.