Home » COAL » Coal stocks at power plants increase by 77% to 34.25 MT: Pralhad Joshi

Coal stocks at power plants increase by 77% to 34.25 MT: Pralhad Joshi

Coal stocks at power plants peaked to 34.25 million tonnes on January 26, equivalent to 19 days’ consumption, and up by 77% as against 19.36 million tonnes, equivalent to 12 days’ consumption at the same time last year.

“Thrust has been also given to augment coal supplies to non-power sector by holding regular auction for coal linkages where the consumers have been given the flexibility to choose nearest mine, quality (grade, size) etc. To facilitate easy availability of coal to all the sectors, Coal Companies are also offering increased coal under spot and exclusive e-auction.” Union Coal Minister Shri Pralhad Joshi said in a reply in the Rajya Sabha.

The Minister informed that various steps have been taken to ensure the easy and adequate availability of coal to every coal dependent industries/Power Sector. The power houses in close vicinity of the coalfields were offered coal for enhanced lifting of coal through captive mode (like Belt Piped Conveyor (BPC), Merry-go-Round (MGR) etc.) and roadmodes.For augmentation of supplies, the power houses were advised to move coal through Goods Sheds by Road-cum-Rail (RCR)mode.Efforts were made to enhance supplies through captive modes of transport like MGR, Belts, Ropeways etc.Supplies of coal to power houses through all modes wereprioritized.Rationalization of Linkages were ensured to reduce transportationcost.

The Coal and Mines Minister further added that the recentlypromulgated ‘Mineral Laws (Amendment) Ordinance, 2020′ has brought amendment in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) and the Coal Mines (Special Provisions) Act, 2015 [CMSP Act] to allow wider participation and competition in auctions. The companies which do not possess any prior coal mining experience in India can now participate in auction of coal blocks. Any company selected through auction/allotment can carry on coal mining operation for own consumption, sale or for any other purposes, as may be specified by the Central Government.

The Minister also informed that Ministry of Environment, Forest and Climate Change has granted Environmental Clearances to 13 coal projects during calendar year 2019. About 4 to 6 billion tonnes of proved coal resources are added in a year and the proved coal resources in the country are about 155.6 billion tonnes as on April 1, 2019.

About ppb

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

ECONOMIC SURVEY 2022-23 PROJECTS A BASELINE GDP GROWTH OF 6.5 PER CENT IN REAL TERMS IN FY24

India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, ...

Data on Employment in MSMEs

As per Udyam registration portal, the number of persons employed in the MSMEs which are ...

Contribution of MSMEs and Cottage Industry to GDP

As per the information received from Ministry of Statistics and Programme Implementation, the share of ...

Details of Fund Collected Under District Mineral Foundation by Different States

The Central Government under Section 20A of the MMDR Act has issued directions and circulated ...

Plastic Recycling Targets

Unmanaged and littered plastic waste including plastic packaging waste has adverse impacts on terrestrial and ...

Coal India Imports 3.58 Lakh Ton Coal from Indonesia

Approximately 3.58 lakh tonne of coal has been imported by Coal India Limited (CIL) from ...

Bid Due Date Extension till 13th January, 2023 for Ongoing Commercial Coal Mine Auction

Ministry of Coal has launched 6th round of commercial coal mine auctions on November 03, 2022 ...

New Airports Constructed and Upgraded

The Government has accorded ‘In-principle approval’ for setting up of 21 Greenfield Airports across the ...

25 Airports Authority of India airports have been earmarked for leasing over the years 2022 to 2025.

As per National Monetization Pipeline (NMP), 25 Airports Authority of India (AAI) airports namely Bhubaneshwar, ...

Policy for Promotion of Software Exports

As per National Association of Software & Services Companies (NASSCOM), exports from Indian Information Technology/ ...

WP2Social Auto Publish Powered By : XYZScripts.com