PSEB signs pact for fuel supply [Tribune News Service, September 19 2009]

Submitted by Gagandeep Singh... on Sun, 20/09/2009 - 7:05am

PSEB signs pact for fuel supply
Tribune News Service

Chandigarh, September 19
The Punjab State Electricity Board (PSEB) and the Central Coalfields Limited (CCL), a subsidiary of Coal India Limited, have signed an agreement for the supply of coal (45.95 lakh tonne per annum) to the powerhouses of the board for 20 years as per the New Coal Distribution Policy (NCDP).

An MoU has also been signed for the use of railway siding named KDH Line No 2 for loading of washed coal to be produced at the coal preparation plant. The plant has been set up by Monnet Daniels Coal Washeries Private Limited on build-own-operate (BOO) basis for washing of raw coal supplied by the CCL to the PSEB powerhouses.

The agreement between the PSEB and the CCL was signed by GS Sra, Member Generation, PSEB, and VB Sahay, general manager (sales and marketing), CCL, at Chandigarh yesterday.

A similar agreement was signed by the PSEB with the BCCL (Bharat Coking Coal Limited), a Subsidiary of Coal India Limited, on August 7. One more agreement is likely to be signed by the PSEB in near future with the SECL.