Articles Tagged "penalty"

Coal India, NTPC has signed fuel supply pact

Coal India on Friday has signed the much-awaited fuel supply agreement with NTPC for the supply of coal to the thermal power generating company, having both penalty and bonus clauses. Mr Partha S Bhattacharyya, Chairman, CIL, stated: Coal India signed the model FSA with NTPC, which represents all PSU power utilities. The tenure of the [...]