Enhanced production by CIL reduces coal imports: Piyush Goyal

The government admits gap between demand and supply of coal cannot be bridged completely due to insufficient domestic availability of coking coal

GN Bureau | February 9, 2018


#PSU   #CIL   #Piyush Goyal  

Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte in 2015-16 and further to 190.95 Mte in 2016-17. The trend of fall in import of coal has continued in the current fiscal.

As per the directorate general of commercial intelligence and statistics (DGCI&S), during April-October 2017-18, 118.86 Mte of coal was imported compared to 121.14 Mte in the corresponding period of the previous fiscal, showing a decline of 1.9 percent.

The government has said that the fall in coal imports is largely because of the enhanced production by Coal India Ltd. The vendible stock of CIL has increased from 53.47 Mt in 2015 to 68.42 Mt in 2017. The off-take /dispatch of coal of CIL has also increased from 488.86 Mt in 2014-15 to 543.16 Mt in 2016-17.

However, the government has admitted that the gap between demand and supply of coal cannot be bridged completely due to insufficient domestic availability of coking coal and power plants designed on imported coal will continue to import coal for their production.

The DGCI&S records show, a small quantity i.e. 1.07 MT of coal was imported (including coal, coke and briquettes) from USA in October, 2017 against 0.36 MT imported in January, 2015.

Minister of railways and coal Piyush Goyal gave this information in Lok Sabha.

 

Comments

 

Other News

The post office as a bank branch

Over the years, many of us have witnessed the rapid transformation in modes of communication; from the postman bringing letters, telegrams and money orders to our doorstep to telephones, cordless and mobiles phones ringing incessantly in our homes today. India Post, commonly known as ‘the post offi

Why Karnataka villages don’t get enough drinking water

The flagship scheme of the central government on rural drinking water supply – National Rural Drinking Water Programme (previously known as Accelerated Rural Water Supply Programme) – has been audited by CAG of India. The performance audit that began on March 16, 2017 and covered 27 states got

The ‘not me’ syndrome

While reading down Section 377 of the Indian Penal Code, the supreme court acknowledged the apology that Indian society owes to people with sexual minority identities. This acknowledgement has evoked deep validation amongst people who identify themselves as queer, lesbian, gay, bisexual or transgender. A

How railways plans to go green

With about 23 million passengers on an average day, the Indian Railways itself is the size of a small country. When India plans to significantly increase the share of renewable energy in its consumption pie, the railways too aims to meet at least 10-15 percent of its energy demand from renewable sources

Railway electrification: Easier said than done

Even as the railways minister Piyush Goyal lays thrust on the 100 percent electrification of entire rail network by 2022, the task cut out for the railways seems to be a strenuous one as it comes with multifarious challenges. Indian Railways has said that it would electrify 38,000 route kilo

A Triumfant meet

Prime minister Modi and president Putin’s meeting at the 19th Indo-Russian summit in New Delhi on October 5 has set a new pace for a ‘special and privileged strategic partnership’ between the two nations. This has come in the aftermath of the Modi-Putin informal meeting at Sochi on May

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter