NTPC mainly produces power from coal but also has hydro, solar and wind power projects. Adding coal production in its business, it has successfully become an integrated energy company with interests diversified across the fuel value chain and in line with global standards.
India’s largest thermal power generation company, NTPC Limited is now an integrated power and coal producing firm. NTPC on Thursday flagged off the first consignment of coal from its Pakri Barwadih coal mine in Jharkhand to the company’s Barh power project in Bihar. The Pakri Barwadih coal mine has estimated mining capacity of 15 Million Tons Per Annum (MTPA) and has been allotted to NTPC as basket mine to meet the fuel shortfall of its power stations.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Thursday that the Micro, Small & Medium Enterprises (MSMEs) have been made competitive with the announcement in the Budget 2017 over reduction of Corporate Tax to 25% up to turnover of Rs. 50 crores.
Control Room Set Up at Project Office of Rajmahal Open Cast Expansion Project. Central Mine Planning and Design Institute (CMPDIL) has deployed magneto meters along with imaging system for locating magnetic and conductive material up to a depth of 80 meters.
An incidence of overburden dump slide/subsidence occurred at Eastern Coalfields Limited (ECL) in the second shift of 29.12.2016 at about 7.30 P.M. in the Rajmahal Open Cast Expansion Project in district Goda, Jharkhand, causing the unfortunate demise of 10 workers. Modi PM Expressed Sadness Over loss of lives in the Coal Mine Accident in Jharkhand. Ex- Gratia compensation of Rs. 5 Lakh to each family of the deceased announced by the company.
Sectors of Power, Coal and Mines Show Impressive Growth After Demonetisation
ower generation growth in November on y-o-y basis was 8.53% as against October when it was 1.27%. As against Electricity Generation of 85.904 billion units in Nov 2015, Nov 2016 witnessed a figure of 93.235 –a growth of 8.53%.
Union Minister Piyush Goyal is holding charge of four important economic ministries including Power, RE, Coal and Mines. After de-monetisation move, Goyal has also been helping the government on this front but his performance in the four sectors has clearly given him an edge over many others in the Modi government. Goyal already knows his priorities for the year ahead.
At EnergyInfraPost.com, while we have done an in-depth analysis of all the four sectors including power, RE, coal and mines, we in this article give you a quick sneak peek into the priority areas set by the minister for his four ministries during 2017.
India’s Coal Production Crosses 391 MT With An Growth of 1.6%During Apr-Nov 2016. After helping the exchequer save about Rs 20,000 crore in 2015-16, the coal ministry saved Rs 4,844 crore in the first four months of the current year.
Coal Ministry Goes Fully Digital, Several IT Initiatives Taken Round the Year to Enhance Transparency and Ease of Doing Business.
The Modi government is determined to get rid of the menace of illegal mining of mineral resources in India, a major governance issue that it inherited from the previous Congress led UPA regime.
After introducing stringent penalties in the Mines and Minerals (Development and Regulation) Amendment Bill 2015, vetted by the Parliament on March 20, 2016, the government has finally put in place a fool proof satellite based monitoring system called the Mining Surveillance System (MSS) that will help the nation get rid of illegal mining. Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal launched MSS in New Delhi on October 15.
To be inaugurated by Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, the conference is being held on the sidelines of the International Energy Conference-SWITCH Global Expo organized by Government of Gujarat from 06th to 10th October, 2016 at Vadodara.
In order to review the implementation of various ongoing schemes and programmes and deliberate on a host of issues pertaining to Power, Coal, Renewable Energy and Mines sectors, a two-day conference of Ministers for Power, New & Renewable Energy & Mines of States & Union Territories will be held on 7th & 8th of October in Vadodara, Gujarat.
The rationale for the amendment is that only small and medium sector consumers, having requirement less than 4200 tonnes per annum were entitled to take coal through SNA, large units having requirement of less than 4200 tonnes per annum were not recommended for coal by the District Industries Centre (DIC). Moreover, the limit of requirement of less than 4200 tonnes per annum needed to be revised as small units might have expanded over a period of time.
Union Ministry of Coal has announced increasing the annual cap of coal from 4200 tonnes per annum for sale through State Nominated Agencies* (SNA)* to 10,000 tonnes per annum. Ministry of Coal has issued an order amending the New Coal Distribution Policy (NCDP), 2007 to facilitate this increase in annual cap.