Explore Business Standard
The Ministry of Coal has decided to set in motion the auctions for providing linkages to the Independent Power Producers (IPPs) that are yet to tie up power purchase agreements (PPAs).The process for auctions would take off in August this year. Earlier, the methodology for offering linkages for IPPs having PPAs based on domestic coal has been fixed by the ministry on June 12 this year. Later, Coal India Ltd (CIL) formed a committee with representatives from the Ministry of Power and Central Electricity Authority (CEA) and convened meetings. CIL is expected to take the approval of its board by July 21 on the methodology and thereafter, the auction process for such IPPs are likely to start by the end of this month.For providing linkages to IPPs with PPAs based on imported coal, an inter ministerial committee has been constituted to work out the modalities."Providing coal linkages to IPPs having no PPAs is a welcome step. Without coal linkages or power offtake agreements, the IPPs are ...