During the first two months of the current financial year, the coalmajor"s offtake increased to 76.53 MT, compared to 72.08 MTduring the same period last fiscal. Coal production also saw a 5.7per cent increase to 69.38 MT, compared to 65.67 MT during theprevious fiscal. "This is more than the target we had set of68.82 MT," he said. During the period under review,additional offtake has also helped the Kolkata-based company toreduce its coal stocks by 7 MT. Meanwhile, the firm has signed fuel supply agreements (FSAs) with17 power units commissioned after March 2009, till now. After thePresidential directive, the firm had gone back to imports as astrategy to meet the target. However, the penalty clause of 0.01per cent of the value of shortfall, if the firm fails to deliver 80per cent of the committed coal, had invited ire from power firms.Some power firms, including NTPC had refused to sign FSAs as theyfound the clauses in draft agreement were not acceptable to them. "The company would now have to sign pacts with an additional81 units of 41,000 MW capacity, including those commissionedbetween January 2012 and March 2015. The 81 units would take theentire requirement to around 170 Mt, another top company executivesaid. Around 60,000 MW of fresh power capacity is likely to come onstream by 2016 requiring 252 Mt coal. This, added to the existinglinkages of 305 Mt, takes CIL"s supply obligation to 557MT," a top company official said.Higher rake availability propels coal india offtake in april-may - Drive-Through Pallet Racking ManufacturerHigher rake availability propels coal india offtake in april-may - Drive-Through Pallet Racking ManufacturerHigher rake availability propels coal india offtake in april-may - Drive-Through Pallet Racking ManufacturerHigher rake availability propels coal india offtake in april-may - Drive-Through Pallet Racking ManufacturerHigher rake availability propels coal india offtake in april-may - Drive-Through Pallet Racking Manufacturer I am an expert from storage-palletracking.com, while we provides the quality product, such as Drive-Through Pallet Racking Manufacturer , Movable Storage Racks Manufacturer, Double Deep Pallet Racking,and more.
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