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

“Indians, yet treated like outsiders”

Moving to Delhi-NCR for education can be an exciting experience for students from Northeast India. It gives us a chance to meet new people, experience a different culture and become more independent. But living away from home also comes with challenges that people who have not experienced them may not al

Import duty on major edible oils cut

The government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils with a view to moderating domestic edible oil prices, providing relief to consumers and mitigating inflationary pressures arising from the sharp increase in international edible oil prices.  

From pyramid to platform: BRICS agenda for Global South

In his opening address at the 18th BRICS Summit in New Delhi on September 12, prime minister Narendra Modi did something India`s diplomacy has been building towards for three years: he moved the ‘Voice of the Global South’ from a slogan to a work plan. Addressing the leaders, he argued that t

How to realise the full transformative potential of PM-JAY

The Pradhan Mantri Jan Arogya Yojana (PM-JAY), a welfare scheme which covers approximately 45 crore beneficiaries across India, provides cashless health cover of Rs. 5 lakh per family per year. It is the largest health insurance scheme which helped crores of poor families by reducing out-of-pocket expend

The missing men in India`s family planning story

Every pregnancy requires two people. Yet India`s family planning programme continues to ask only one of them to bear almost all of its medical consequences. The newly released National Family Health Survey-6 (2023-24) confirms just how entrenched this asymmetry remains: 36.5% of currently married women a

`Development must be judged beyond GDP, with rights and justice at core`

Delivering the IXth Chief Justice M.C. Chagla Memorial Lecture on ‘Human Rights and Sustainable Development Goals’, in Mumbai Friday,  former Chief Justice of India Bhushan R. Gavai questioned whether conventional economic indicators such as gross domestic product (GDP), national income,

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter