There is no shortage of coal in Karnataka, according to Minister of Coal and Railways, Piyush Goyal. In a statement issued after a meeting with former Prime Minister HD Deve Gowda and Chief Minister of Karnataka HD Kumaraswamy, Goyal said there is no scarcity of coal in the State.
He also said that the plants in Karnataka currently have, on an average, five days stock of coal which is equal to 2.24 lakh tonnes. Goyal hit out at the Karnataka government and hinted at mismanagement of coal stocks.
“Karnataka Power Corporation Ltd. (KPCL) sold 584.91 million units of power at the energy exchange this year till October 2018. This amounts to consuming 3.8 lakh tonnes of coal which otherwise could have been used to boost coal stocks in power plants,” he said. Read More
Latest posts by The Hindu Businessline (see all)
- Aramco will stay committed to Ratnagiri project - April 17, 2019
- Now, a solar rooftop solution in plug and play mode - April 17, 2019
- With SC quashing RBI circular, power sector sees debt rejig schemes making a comeback - April 17, 2019