No shortage of coal for power, says Piyush Goyal

CIL has been advised to work out a definite action plan for higher production and off-take during the current quarter

GN Bureau | July 28, 2018


#Piyush Goyal   #CIL   #Coal India Limited   #PSU  

Minister of railways, coal, finance and corporate affairs Piyush Goyal has denied that there is shortage of coal for the power sector.

He said in the beginning of 2018-19, Coal India Limited (CIL) had a pithead stock of 55.55 million tonne (MT) and stock at power house end was 16.27 MT. In the first quarter of 2018-19, CIL dispatched a record quantity of 122.2 MT coal to the power sector, clocking a growth of 15 percent over the corresponding period of the last year. The growth in dispatch of coal to power sector has helped coal based generation to achieve positive growth of 5.3 percent in the first quarter of the current fiscal.

Coal supplies to power sector are monitored regularly by an inter-ministerial sub group. This sub-group has been meeting periodically in order to take various operational decisions for meeting any contingent situations relating to power sector including critical coal stock position for power plants.

The CIL has been advised to work out a definite action plan for higher production and off-take during the current quarter and to ensure that necessary clearances for the existing coal mines are in place which will help in increasing the coal production.

Comments

 

Other News

Boost to offshore wind energy projects

In a major decision, the Government has decided to grant waiver of ISTS charges to Off-Shore Wind Projects and extend the waiver to Green Hydrogen/Green Ammonia. This decision has been taken to facilitate wider execution of offshore wind energy initiatives, to promote the expansion of Green Hydrogen / Gree

Duty of stakeholders to provide cost effective, alternate energy fuels: Gadkari

Urging use of alternative and cost effective fuels to reduce pollution caused by vehicles, union road transport and highways minister Nitin Gadkari on Thursday said finding cost-effective fuels is the need of the hour and underlined that use of fuels like bio-CNG and green hydrogen help in protecting the e

Record production of rice, wheat, and sugarcane estimated

The foodgrain production of 3305.34 lakh tonnes is estimated in the current agricultural year 2022-23 – higher by 149.18 LMT as compared to the previous year, according to the Third Advance Estimates of production of major crops released by the ministry of agriculture and farmers welfare.

India`s ‘AIRAWAT’ ranks 75th in top 500 Supercomputing List

The AI Supercomputer ‘AIRAWAT’, installed at C-DAC, Pune, has been ranked 75th in the world. It was declared so in the 61st edition of Top 500 Global Supercomputing List on Tuesday at the International Supercomputing Conference (ISC 2023) in Germany. It puts India on top of AI S

Ocean Dialogue a great opportunity for G20 members

The ongoing third Environment and Climate Sustainability Working Group G20 meeting (May 21-23) has focused on three aspects: land degradation and reclamation of mining areas, Blue Economy and sustainable ocean management and resource sufficiency and circular economy. Leena Nandan, secretary,

Semi hi-speed trains, buses could be primary alternative to cars

We are not paying sufficient attention to the rapidly growing oil imports (from pre-Covid-19 to post-Covid, in 2022). They surged from 102 million tons (MT) in 2019-20 to 168 MT in 2022-23, an increase of 68%.   India is the largest importer of oil in the world, and, at current rate, we

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter