Coal Investing News » Coal India, power companies will miss April deadline for fuel supply

Coal India, power companies will miss April deadline for fuel supply

April 29, 2009 @ 5:19 am In Coal Company News

The long-term fuel supply pact between the country's biggest coal producer, Coal India, and power utilities led by navratna firm NTPC is set to miss the April-30 deadline on account of procedural delays.

Coal India Chairman Partha S Bhattacharyya stated:

All the issues between both the parties have been worked out and the pact is likely to be signed around May 20.

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[1] here: http://www.business-standard.com/india/news/cil-power-cos-to-miss-april-deadline-for-fuel-supply-pact/59620/on