transfer to new power units The government will come out with a policy to facilitate the transfer of coal linkages from old retiring power plants of pubic sector utilities to new units.
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CIL not to be split
Power and Coal Minister Piyush Goyal has said the government will not split Coal India (CIL) but will work to smoothen the edges and improve its performance. The new government wants to fix the coal sector quickly to ensure uninterrupted
SPV for coal block development in Odisha
The Jammu and Kashmir state cabinet has approved the formation of a Special Purpose Vehicle (SPV) for development of the coal block at Kudnali Laburi, (Talcher) in Odisha allocated jointly to JKSPD and NTPC by the Union Ministry of Coal.
Paradip, Dhamra to jointly develop part of NW-5
Paradip and Dhamra ports plan to sign a Memorandum of Understanding (MoU) to develop the Jokadia-to-Paradip and Dhamra stretch of the Kharsua River for inland trade. The 201 km stretch is part of the National Waterway (NW)-5.
NTPCs two coal mines to start production by June 2016
NTPC is likely to commence production from its two captive coal mines of Chatti-Bariatu and Kerandari in Jharkand by June 2016. However, its another mine - Chatti- Bariatu (South) - in the eastern state will be developed by 2038.
CIL June output misses target
Coal India (CIL) achieved an output of 34.54 million tonne (mt) in June, missing its target of 36.54 mt. This comes at a time when the PSU is drawing flak for missing production targets.
ICVL eyes 100% stake in Mozambique coking coal mine
International Coal Ventures Ltd (ICVL), a joint venture set-up between state-owned companies to buy coal mines abroad, is inching closer to bid for acquiring 100 per cent stake in a major coking coal property in Mozambique.
New Mahagenco units may not get coal
Six Mahagenco units are under various stages of construction but the biggest problem facing them is coal linkage. Mahagenco and Gujarat State Electricity Corporation Ltd (GSECL) had been allocated two captive blocks in Odisha in 2006.
Governments do not have magic wands for economic revival
The Government is taking all the necessary steps to revive the economy. It has taken quick decisions and is also focusing on executive and administrative capability to implement them.
Uttar Pradesh faces power shortfall of 2,000 MW
The peak demand of Uttar Pradesh is of the order of 12,700 MW out of which around 10,700 MW is met leaving a shortfall of around of 2,000 MW at present. Paricha plant of 500 MW capacity which went on forced outage yesterday has been restored and is generating on full load. Now another private sector plant Anpara-C of 600 MW is out because of non-procurement of imported coal by the generating company.