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    <title>CCEA approves mechanism for coal supply to power producers</title>
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    <description>A national mechanism directs Coal India Ltd. to sign Fuel Supply Agreements for capacity likely to be commissioned by the prescribed date, with supplies conditioned on long term PPAs. Domestic supply percentages of Annual Contracted Quantity are fixed for plan years; CIL may import coal to meet remaining obligations and supply on a cost plus basis while plants may import directly. Higher imported coal costs are to be considered for pass through under modalities to be coordinated with regulatory commissions, and Ministries will issue supplementary orders to implement the New Coal Distribution Policy and related bidding adjustments.</description>
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