Business Standard

CIL's draft FSA is one-sided: pvt power producers

Says the the draft document still retains many of the provisions which the industry had opposed

Image

Press Trust of India New Delhi

Private power producers are crying foul over discriminatory treatment by CIL in the draft fuel supply agreement.

"Discriminatory treatment by CIL to private power producers is giving undue benefits to State-owned companies," Association of Power Producers Director-General Ashok Khurana said in a statement.

"CIL's draft FSA is one-sided and is not in accordance with presidential directive," he said.

APP said that the draft document still retains many of the provisions which the industry had opposed.

The option for arbitration regarding FSAs is only open to government companies, it added.

"CIL's discriminatory FSAs is against principle of natural justice," it further added.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 06 2012 | 4:59 PM IST

Explore News