NMDC has moved a step closer to commissioning the Coke Oven Battery at its upcoming three million tonne greenfield steel plant at Nagarnar by charging the Coal Handling System to initiate the commissioning of the coalroute of the plant’s raw material handling system.
Dues of power plants to Coal India increased to Rs 12,300 crore at the end of February from Rs 9,000 crore in May last year, prompting officials of the state-run monopoly miner to request the power ministry to intervene and help recover the amount.
Going by the coal loading projections for Coal India (CIL) by the Ministry of Power, the Indian Railways is set to witness an incremental freight of 30-50 million tonne (MT) over the next three years on account of the fuel alone.
Coal-fired power generation has registered a 4.37% growth during the April-February fiscal, compared with 5.47% in the previous corresponding period. Analysts, however, are predicting an increased capacity utilisation in the subsequent months.
During the current year 2017-18, the growth in supply of coal to power sector is 7.2%, based on the rising demand of coal based generating stations.
Rationalisation of sources of coal for power plants under PSUs has resulted in annual savings of Rs 3,354 crore, Parliamentwas informed.
The flexible use of domestic coal by power plants has resulted in savings of Rs 646 crore in the April-February period of the ongoing fiscal.
The Central government is expected to get Rs 8,044 crore as interim dividend from state-owned Coal India Ltd for the fiscal year 2017-18.
NLC India, a Navaratna company that comes under the Union coal ministry, has lined up a capital expenditure of Rs 1.29 trillion for increasing its mining and power generation capacity.
Union Minister of Railways and Coal Piyush Goyal in a written reply to a question in Rajya Sabha on Friday said that in order to meet the requirement of thermal power plants (TPPs), Coal India Limited (CIL)