Power projects worth over Rs 36,000 crore and having total generation capacity of 7,230 MW are stranded due to shortage of coal. Efforts are being made for supplying adequate coal to power projects, according to the government.
Tag: Coal
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NTPC Bangladesh power JV to be operational by FY18
The $1.2-billion Indo-Bangla power joint venture is planning to award the contract for construction of the plant by April 2015 and expected to start commercial generation by FY18.
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Finance Ministry looks to divest stakes in 7 PSUs
The finance ministry is working on a road map to divest stake in seven big state-run companies, which include Coal India, SAIL, MMTC, NMDC, NHPC and Nalco.
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Policy for coal linkage
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
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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.
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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.
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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.
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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.
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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.