The Union power ministry’s policy for auction of long-term coal linkages can prove a real game-changer in the Indian electricity sector if state-owned utilities make use of it to harness private sector’s efficiency in generation.
CCL is one of the seven subsidiaries of Coal India Ltd.
Central Coalfields (CCL) has secured green nod for its R 1,538 crore-integrated mining and coal washery project at Konar.
Union minister of Power, Coal and Mines Piyush Goyal on Thursday Informed The Parliament About SHAKTI – The Policy On Transparent Coal Allocations
coal imports has been declining over the last three years. During 2014-15 India imported 217.78 million tonnes of coal which declined to 203.95 million tonnes in 2015-16 and further to 190.95 million tonnes in 2016-17.
The trend of fall in import of coal continued unabated in 2017-18 and during April-June 2017-18, 52.74 million tonnes of coal was imported against 57.38 million tonnes in the corresponding previous period registering a 8.1% fall, Union Minister Piyush Goyal said citing figures of the Directorate General of Commercial Intelligence & Statistics.
Three Years of Modi Government, Attaining Freedom from Coal Shortages With Transparent Mineral Auctions
From the era of experiencing major coal shortages, India presently boasts of surplus coal as production of coal increased to 554 million tonnes in 2016-17 from 462 million tonnes in 2013-14.
The Minister said that the Government is fast opening up the coal sector to competition in near future and private miners would be coming into the sector to bring in competition. He also said that we are working towards bring linearity in pricing of coal between lower and higher grades.
Encouraging stakeholders of power and sectors to work on a Mission Mode to serve the masses and make India self reliant in coal reserves, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Wednesday that the “Difference between the Possible and Impossible lies in a Man’s determination.”
The Ministry of Coal expects to discover market-determined prices for coal for the first time in the country after it allots 16 coal mines to State government-owned
An unfazed Goyal continued with his presentation, taking questions soon after he released the book titled “Ujjwal Bharat two years.”