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.
The Ministry of Power is facing difficulty in supplying coal to the power plants, located far from the mines, as Coal India Limited (CIL) hasn’t prepared a list of such plants in the past six months.
Coal Minister Piyush Goyal has said that the recent decision of the Union Power Ministry to allow states to import coal is temporary in nature.
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.
Essar Oil & Gas Exploration and Production (EOGEPL), India’s largest coal-bed methane (CBM) producer, is under the government’s scanner for allegedly drawing gas outside its licensed area at Raniganj in West Bengal.
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.
The problem of a coal supply mismatch is going to continue in the near term, according to Minister of State (Independent Charge) for Power and Renewable Energy, RK Singh.
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.
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
State-owned Coal India’s output increased by 105 million tonnes (MT) in the last four years to reach 567 MT in 2017-18, Union Minister Piyush Goyal said today.