Singareni Collieries Company Ltd and NTPC Ltd have signed four agreements on supply of coal to Kudgi and Solapur thermal units of the latter, for adjustment of total coal supply under linkage for its plants based on the need and for advance payment for fuel (coal) supply to its Ramagundam plant.
As per the agreements signed by Executive Director (coal movement) of SCCL J. Allwyn and Executive Director of NPTC (southern and western regions) Debashish Chattopadhyay, Singareni has agreed to supply 67.5 lakh tonnes of coal to the NTPC’s 2x800 megawatt thermal station at Kudgi in Karnataka and another 28.2 lakh tonnes to 660 megawatt project at Solapur in Maharashtra every year.
Authorities of Singareni stated that the agreements were signed on Monday evening on the instructions from the Ministry of Coal. The third agreement was signed for advance payment of money to Singareni for supply of coal to the NTPC’s Ramagundam plant, against the practice of making payment after getting the coal supplies. The Ramagundam plant consumes about 85 lakh tonnes to 90 lakh tonnes of coal every month.
