How the FSA (Fuel Supply Agreement) Coal Price is considered ?
Reading the FSA Coal Price: A Consultant's Framework for Fuel-Cost Modelling, Bankability and Post-Reform Strategy in India How Fuel Supply Agreement pricing anchors project economics — and why the September-2025 tax reform and the Revised SHAKTI Policy have changed the base case. RenewConnect · Research & Insights | Independent analysis · figures illustrative unless sourced Executive Summary ▪ The FSA price is the base case, not the whole case. A Fuel Supply Agreement with Coal India Limited (CIL) or Singareni fixes a low-volatility, notified-price fuel cost that lenders treat as bankable — but delivered cost is driven as much by statutory levies and rail freight as by the coal itself. ▪ Levies plus logistics are the real swing factor. Royalty, DMF and NMET, GST, sizing charges and freight commonly account for 45–55% of the landed cost at the plant gate, s...