UP appeals for coal to Lalitpur thermal power plant

Chief minister Akhilesh Yadav has made a pitch for Bajaj-owned thermal power station in Lalitpur. The UP CM, who also holds the power portfolio, has asked Centre to allow supply of coal to the power plant through MoUA memorandum of understanding (MoU) is an agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement... till the time a formal coal linkage is not given.

In a letter to Prime Minister’s Office, Akhilesh said the 1980MW power station was set up after considering the coal policy of 2007. The application for a coal linkage was sent to the ministry in 2009. In 2013, the cabinet committee for economic affairs (CCEA) allowed companies associated with Coal India Limited to supply coal under the MoUA memorandum of understanding (MoU) is an agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement... route to the power plant.

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Yadav said he approached Centre after learning that the coal supply to the power plant would be made only till June this year, after which the plant may come to a grinding halt. CM’s concern, not suprisingly, comes in wake of high demand for power going up during the peak demand period.

 

http://timesofindia.indiatimes.com/city/lucknow/UP-appeals-for-coal-to-Lalitpur-thermal-power-stn/articleshow/47218459.cms

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