Coal India Extends FSA Tenure to 10 Years
COAL & MINING

Coal India Extends FSA Tenure to 10 Years

Coal India, a state-owned entity, has initiated the latest tranche of extending Fuel Supply Agreement (FSA) tenures. The significant development involves doubling the tenure to 10 years, compared to the earlier five years, specifically for the non-regulated sector.

This move is poised to bring greater stability and long-term assurance to consumers in industries outside the regulated domain, providing them with extended security in coal supply. The extension of the FSA tenure aligns with the broader goal of fostering reliability and consistency in the coal supply chain, crucial for various industries dependent on this energy source.

The decision reflects Coal India's strategic approach to cater to the evolving needs of industries and promote sustained growth. As the non-regulated sector gains an extended FSA tenure, it is anticipated to positively impact operational planning and investment decisions for businesses, contributing to overall industrial development. Observers will closely monitor the implications of this extended FSA tenure on the coal industry and its stakeholders.

Coal India, a state-owned entity, has initiated the latest tranche of extending Fuel Supply Agreement (FSA) tenures. The significant development involves doubling the tenure to 10 years, compared to the earlier five years, specifically for the non-regulated sector. This move is poised to bring greater stability and long-term assurance to consumers in industries outside the regulated domain, providing them with extended security in coal supply. The extension of the FSA tenure aligns with the broader goal of fostering reliability and consistency in the coal supply chain, crucial for various industries dependent on this energy source. The decision reflects Coal India's strategic approach to cater to the evolving needs of industries and promote sustained growth. As the non-regulated sector gains an extended FSA tenure, it is anticipated to positively impact operational planning and investment decisions for businesses, contributing to overall industrial development. Observers will closely monitor the implications of this extended FSA tenure on the coal industry and its stakeholders.

Next Story
Real Estate

Ashwin Sheth Group Launches ‘The Pink Perk’ to Empower Women Homebuyers

Ashwin Sheth Group has introduced ‘The Pink Perk’, a special initiative for Women’s Month, offering a 3 per cent saving for women homebuyers (T&C apply) across all its Mumbai projects. The offer is valid until 31 March 2025.The campaign challenges the Pink Tax, where women often pay more for similar products and services. With The Pink Perk, Ashwin Sheth Group flips the script, providing an exclusive financial advantage to women taking charge of their homeownership journey.Bhavik Bhandari, Chief Sales and Marketing Officer, Ashwin Sheth Group, stated: “The Pink Perk is our way of c..

Next Story
Infrastructure Transport

Shipping Ministry Aims to Complete 150 Projects by September 2025

The Ministry of Ports, Shipping and Waterways (MoPSW) organised a two-day ‘Chintan Shivir, 2025’ in Srinagar with a vision to evaluate, reset, discover and apply solutions to unlock potential of the Blue Economy of India. Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal reviewed undergoing projects of the Ministry — worth Rs 2 Trillion — and drew up a goal, after consultative deliberation with the experts, of completing at least 150 projects by September, 2025. The event focused on strengthening India’s shipbuilding and repair capabilities, improving financial and..

Next Story
Infrastructure Urban

NHRC Concludes 2nd ITEC Program on Human Rights for Global South NHRIs

The 2nd six-day ITEC Executive Capacity Building Programme on Human Rights for senior functionaries of the National Human Rights Institutions (NHRIs) of Global South organised by the National Human Rights Commission (NHRC), India in partnership with the Ministry of External Affairs, successfully concluded. The valedictory session was addressed by the NHRC, India Chairperson, Justice V Ramasubramanian in the presence of Members Justice (Dr) Bidyut Ranjan Sarangi, Vijaya Bharathi Sayani & Secretary General, Bharat Lal. The programme, which began on Monday 3rd March, 2025, witnessed participatio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?