Govt looking to divest stake in 6 state-run firms

Govt looking to divest stake in 6 state-run firms

The government may sell stake in six state-run companies, including NTPC, MMTC, BHEL and Coal India. A report by ETNow said that government readies divestment plan from September-March period. It may divest 3 per cent stake in NTPC and 15 per cent stake in MMTC.

Delhi May Witness Power Supply Crisis: Power Minister Satyendar Jain

Delhi May Witness Power Supply Crisis: Power Minister Satyendar Jain

State Power Minister Satyendar Jain on Friday said that national capital is likely to face a power crisis as the coal reserves with the Dadri I and II power stations has decreased. In a letter to Union Power Minister RK Singh, Jain said that the declared capacity of the power station has come down to 934mw from 1,696mw.

Onus of coal quality ends at loading point – Coal ministry

Onus of coal quality ends at loading point – Coal ministry

Economic Times reported that in view of the continuing disputes between Coal India and power consumers over loss of quality of coal during transport, the coal ministry has reiterated that once coal in loaded on rakes the miner’s responsibility on the quality of coal ends.

No shortage of rakes: Railway officials

No shortage of rakes: Railway officials

Indian Railway officials on Thursday clarified that rakes of coal in Delhi are not a problem and there is no shortage of the same. Quoting a Central Electricity Authority (CEA) report, the officials said that the supply of rakes was well in balance with the requirement in the plants supplying power to the national capital.

Centre to help SCCL expansion

Centre to help SCCL expansion

Union Minister for Railways and Coal Piyush Goyal has assured government cooperation Union Minister for Railways and Coal Piyush Goyal has assured the Centre’s cooperation to Singareni Collieries Company Ltd

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