A Group of Minister, looking at the fuel issues for Sasan project, has asked the company for the mining plans, informed sources said, adding that the issue could be considered only thereafter.
Any decision on allowing Reliance Power to use coal reserves from its captive mine for the 4,000 MW Sasan project at its other project in Madhya Pradesh would be taken after it is established the company has surplus fuel, sources added.
The power generated from the surplus fuel will be sold on tariff based bidding. Reliance Power spokesperson declined to comment on the issue.
The company had earlier asked for government's approval to use excess coal from its captive blocks for Sasan to feed its other project.
Ministry of Coal approved the mining plan for Moher and Moher-Amlori extension coal block relating to Sasan Power Ltd for Sasan Ultra Mega Power Projects.
The coal from the Moher-Amlori coal block would be used to generate power for 4,000 MW Sasan UMPP.
Reliance Power bagged 4,000 MW Sasan UMPP in July last year on re-invitation of bids, the company matched the tariff of Rs 1.20 per unit earlier quoted by the original winning bidder, a consortium of Singapore-based Globaleq and Lanco Infratech.
Following the cancellation of the project award to Lanco consortium, Sasan Power Ltd, had asked three other bidders RPL, NTPC and Jaiprakash Associates to submit fresh bids.
While RPL submitted a revised bid, NTPC and Jaiprakash Associates did not change the prices. - PTI
