Fuel Supply Agreement Meaning

With a fuel supply contract, a buyer agrees to purchase fuel from a supplier for final use and the supplier agrees to deliver the fuel in accordance with the terms of the agreement. When both parties sign the fuel supply agreement, they find that the purchaser relies on the supplier to provide the required amount of fuel at competitive prices. Other names for this document: fuel supply contract applications, are invited by Linkage Holders/Letter of Assurance (LoA) Holders/ Fuel Supply Agreement (FSA) Holders of WCL (including FSA/LOA owners based on Cost Plus) are invited to deliver coal from the Cost Plus Project of WCL, as shown below: Project Name Quantity 1. “To date, Coal India has signed 160 fuel supply contracts (FSAs). There are still a few and a signature,” said a Coal India official. HPCL Fuel Installation Charges: TANGEDCO has agreed to pay 3.50 kronor per year for the charges for the fuel installation provided by M/s HPCL at the site, in accordance with the terms of the fuel supply contract agreed between M/s.GMR and M/s.HPCL. GKEL has signed a fuel supply agreement (FSA) for fixed connections for 500 MW and rejuvenating links for 200 MW with MCL and receives coal deliveries accordingly. Sl.No.Art plantcapacity inMW1Mmetture Thermale Expansion6002North Chennai Stage – II12003Vallur Joint Venture (2 units)700 TOTAL2500 Facilities are still stabilizing and are facing uncertainty in coal supply despite the signing of the fuel supply agreement. “By specifying the annual contractual quantity (QCA), it was anticipated that, for each change in the percentage of AAEs (long-term), a corresponding change in the ACQ would be made by a subsidiary agreement. The same agreement includes a clause under which the Agreement has the right to transfer the agreement to third parties for a specified period of time during the term of the fuel supply contract (FSA).

Coal India has optimized the fuel supply pact model for new private power plants to allow them to modify/complete the electricity supply contract (AAE) more than once a year. The firm`s Investment Committee (CCI) had previously stated that the deadlines for signing fuel supply pacts for energy projects with a capacity of 78,000 MW had to be met. If you receive or need to provide a large amount of fuel, you can use a fuel supply contract. Whether you`re a farmer, an equipment rental company, fuel supplying and signing a new customer, a fuel supply contract can help trace the terms of the relationship – when, where, how and how much. Due to ongoing delays, CIL has so far signed 160 fuel supply contracts (FSA) with power plants. The petitioner based the calculation on four factors: (i) GCV under the Fuel Supply Agreement (FSA); (ii) the price of the contract according to the FSA; (iii) the effective GCV; and (iv) the price of the HBA index. “Given that the above destination plants oppose the revision of the ACQ more than once a year, whereas they could obtain additional long-term AAEs in the same year, the corresponding provision was considered amended to give these plants flexibility to modify/complete the AEA once a quarter,” he said. Based on the approval of SLC (LT), the Ministry of Coal provides details of the authorization to CIL/Coal Controller and Coal Controller to indicate the quantity and timing for DIE CIL/Coal Companies concerned, which must be duly incorporated into the Fuel Supply Agreement (FSA) to be concluded between the affected coal companies and consumers. It also submitted that the Hon`ble Supreme Court had considered the amendment of the law when the coal link was granted for a certain quantum amount and that, subsequently, in accordance with government policy, the fuel supply agreement (FSA) would be signed by the Coal Company for a lesser quantum or if FSA was signed