Govt, PSUs and policies

So, the power company honchos meet the Govt and ask them to guarantee coal supplies.
Govt directs Coal India to sign FSAs (Fuel supply agreement) for as much as 20 years with each of them.

Now, as per FSA, CIL has to provide atleast 80% of the coal (for the next 20 years) !!!!! wow!!!!
And I think there's some penalty also .....if it isn't able to meet the demand.

WOW!!! I mean WOW!!!!

So CIL may also import (at market price) to meet these demands.
CIL also sells below market price....

TCI (owning 1%) has launched a legal case against CIL
CIL and Govt has curtly asked them to sell the stake if they don't agree to FSAs and losses (huh???? Why don't they just ask all FIIs to leave and go?)
They have a web site as well -- http://www.coal4india.com/

See their interview - http://www.moneycontrol.com/news/business/plan-to-launch-legal-action-against-coal-india-tci_688982.html

I think LIC, CIL, ONGC, IOC n friends (HPCL/BPCL), SBI (funding air india) are all being losing their sheen because of Govt directives
These companies touted as Maha-ratnas are really jewels in their own way
But they may lose their shine

LIC buying ONGC stake at higher than set price and lost money almost immediately (since the price fell)
ONGC and IOC and friends giving subsidies
CIL with FSAs
SBI with funding Air India and increasing NPAs

What do you think?