Coal minister Piyush Goyal has asked chairmen of Coal India and its subsidiaries to cancel all travel plans and focus on meeting sales and production targets as the government is not satisfied with the performance of these companies.
Coal Minister Piyush Goyal Monday pitched for long-term planning for mining operations and concrete steps to ensure adequate supply of dry fuel to power plants. The minister made the suggestion while inspecting coal mining and dispatch operations at Mahanad
With the growth of economy and increase in per capita income, the power demand is also increasing at over 6% and will grow multi-folds in coming times. It is therefore, imperative that we increase use of renewable energy for the importance of Sustainability
Not just pressure from trade unions, last year’s indictment of former Coal Ministry officials by a special CBI court also cast a shadow on major reforms — including private coal mining for market sale — recommended by the High Power Expert Committee (HPEC).
The coal ministry along with Coal India and Singareni Collieries have decided to bring 70,000-odd coal contract workers under the ambit of the Coal Mines Provident Fund Organisation (CMPFO).
Coal and railway minister Piyush Goyal has directed Western Coalfields Limited (WCL) to supply ample and good quality coal to Mahagenco. He has also ordered Indian Railways to make available sufficient rakes for supplying coal to the state’s power generation company.
The coal ministry dismissed reports of a coal shortage in the thermal power sector and said that supply to the power sector was up by 21 million tonnes during the April-August period this year.
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.