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GVK's Goindwal Sahib power project faces coal hurdles

Company has to procure coal through e-auctions to run the project in the absence of a long-term fuel linkage

BS Reporter  |  Hyderabad 

Uncertainty looms over the commercial operations of the 540-Mw Goindwal Sahib power project of GVK Group in Punjab as the company has to procure coal through e-auctions to run the project in the absence of a long-term fuel linkage.

The Government of India's Inter-Ministerial Standing Linkage Committee in its meeting on June 21 had turned down the company's request for a permanent coal linkage to operate the project, which was declared commercial operation date (CoD) in the month of April. The committee, instead, advised GVK management to obtain coal through special froward ...

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First Published: Mon, August 01 2016. 17:50 IST
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