It seems the power ministry may not succeed in convincing the finance ministry to reduce import duty on all forms of coal used in power plants to mitigate the impact of rising cost of imported coal on power sector. Increase in the cost of imported coal has threatened the viability of several power generation projects in the
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Power plants yet to lift coal from Navlakhi port
Power plants in the states of Rajasthan, Gujarat, Punjab and Madhya Pradesh who imported coal from Navlakhi port in Gujarat are having an issue of vacating the cargo lying in the port. With the Gujarat Pollution Control Board (GPCB) serving a closure notice to the port for violation of envir
Govt to rope in firm for sampling imported coal
Unconfirmed reports indicate that the union government plans to invite bids from companies for monitoring quality of coal imported by domestic power plants. It may be recalled that domestic power plants complain about the poor quality of coal being imported from abroad as it leads to rise in carbon emission and also
Mundra port set to handle more cargo than Kandla port
Mundra port in Gulf of Kutch (Gujarat), which is operated by Adani Port and Special Economic Zone (APSEZ), handled 21 percent more cargo at 82 mn t during 2012-13 compared to the previous year. The port is expected to surpass the cargo volume of Kandla Port, which is also based in Gujarat, by next year. In 2012-13, Kandla Port handled over 89 mn
Odisha govt rethinks leasing land for port project
Odisha government reportedly considers whether to postpone the handing over of land for the Rs 10,000-crore expansion of Dhamra port following reports of the promoters reducing their holding in the port venture. Earlier there were reports that Larsen and Toubro (L&T) and Tata Steel , which own 50 per cent each in Dhamra Port Co (DPCL), were planning to sell their entire stak
Paradip port focuses on mechanising berths
SS Misra, Chairman of Paradip Port Trust (PPT) informed that the port management has given top priority to berth mechanisation and acquisition of two mobile harbour cranes. He said this while explaining the cargo volume handled by the port in April 2013. During the month, the port handled 5.65 million tonne (mn t) of traffic, thus posting 4.24 per cent growth over the same period
Coal stock rises across several ports
Data from Interocean Group shows that coal stock across several ports in the country grew 5.8 percent to about 10.8 million (mn t) as of May 3 compared to 10.27 mn t in the previous week. The stock includes both thermal and coking coal. Of the 10.8 mn t, coking coal comprised 2.30 mn t, up from about 2.24 mn t a week ago. The company collected data from 16 ports across the country
Pricing pooling for natural gas more complex than that for coal
Some experts feel that the issue of price pooling for natural gas is more complex than that for coal. This is because, unlike coal, there is no monopoly producer for natural gas and hence fixing a uniform price is even trickier. A six-member committee headed by the head of the Prime Minister's Economic Advisory Council, C Rangarajan, was tasked with suggesting a formula for gas
Raw material security a challenge
While IndiaÂ’s infrastructure investment is likely to provide a boost to steel demand over the long term, there could be challenges to the raw material availability. Iron ore related uncertainties could be sorted out in the medium to long term,
There is a huge potential to enhance our cement consumption
Consumption of cement can be enhanced by giving major thrust for the development of infrastructure apart from providing a level playing field with the global cement exporters by re-imposing the basic import duty on cement, presently zero,