Apprehensions of load shedding in the run-up to the Assembly election due to hiccups in the supply of coal has forced the Siddaramaiah government to look at the import option immediately to avoid load shedding next summer when the state is set to go to polls.
State-owned CIL today said its coal supply to power plants increased by 9.2 per cent to 290.59 million tonnes (MTs) in the first eight months of the current fiscal, driven by high loading of rakes.
Hindustan Zinc Mining Academy’, set up by Hindustan Zinc, in collaboration with ‘Skill Council for Mining Sector’ and training partner ‘Indian Institute of Skill Development Pvt. Ltd’, is expected to spend Rs.30 Crore in the next five years
In fact, both industrial and retail consumers in many parts of the country are reeling from electricity cuts, due to a shortage in supply of coal to thermal plants.
NCC rose 2.97% to Rs 110.95 at 9:35 IST on BSE after the company said its consortium with BGR Mining & Infra has received mine development contract from NTPC.
The Supreme Court on Tuesday extended the date for transportation of extracted and assessed coal in Meghalaya by another four months, bringing respite to coalminers.
Coal dispatches from state-run miner Coal India Ltd (CIL) to power sector improved by 18 per cent to 39.9 million tonnes in October, official data showed.
The Cabinet Committee on Economic Affairs (CCEA) may soon take a call on the methodology for allocation of coal mines for commercial mining, an official source said.
After the end of the monsoon season, iron ore extraction activity has started in Goa but the pace has been slow.
Coal India is talking to the railways to increase rake loading from an average of 216 so far since April to 250 by the end of the fiscal year, as it seeks to meet increased demand with both power and non-power sectors facing a short-supply of the dry fuel.