Business Standard
Sunday, May 27, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Common freight corridor in Talcher to handle 113 mt coal
Bishnu Dash / Kolkata/ Bhubaneswar Nov 05, 2009, 00:38 IST

The proposed 'rail-road and infrastructure corridor' in Meramundali-Angul-Talcher-Chhendipada belt is projected to handle 113 million tonne coal by 2014-15.

This includes 55 million tonne coal movement required by the power companies, 40.76 million tonne by steel companies and 17.22 million tonne by other industries.

RITES Ltd, which was entrusted with the task of preparing a pre-feasibility study for the proposed corridor, has projected the traffic volume in this belt to be 13 percent of the Indian Railway traffic (assuming an annual growth of 5 percent) and 118 percent of the East Coast Railways traffic by then.

While Indian Railways handled 833.31 mt during 2008-09, East Coast Railway handled traffic of 95.61 million tonne in the last fiscal.

Sources said, out of the projected traffic, about 20.5 million tonne coal will be moved from Talcher coalfield through inside corridor and 38.96 million tonne via Sambalpur. Similarly, 14.69 million tonne will be moved through Angul and the remaining 38.83 million tonne through Budhapanka.

As per the pre-feasibility report submitted to the state owned Industrial Infrastructure Development Corporation (Idco), the movement of 113 million tonne will require running of 112 goods train per day.

On the other hand, if all the 57 industries which have been allotted coal blocks or coal linkage in the Talcher coalfields actually come up, then the coal movement will further increase to 186.16 million tonne. Besides, CMPDIL has plans for raising the production at Talcher coalfields significantly by 2016-17.

Sources said, the coal based thermal power stations are the mainstay of power development in the country and this will continue in the immediate future.

It may be noted a number of power and steel companies, which have been allotted coal blocks in the area, are facing resistance with regard to land acquisition for construction of private railway sidings. Hence, construction of a common corridor can come in handy to overcome the problem. While the coal reserves of the country is estimated at about 264 billion tonne, Orissa has about 56 billion tonne which is about 25 percent of the total reserve of the country. Out of it, Talcher coalfield boasts of 43 billion tonne.

Though the major coalfields are located in the eastern and the central parts, the consumption centres are spread over the entire country with the average distance of coal transport standing at 600 kms.

Since the transportation cost of coal is more than the cost of coal in certain cases, a dedicated freight corridor can be cost effective.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- India to guarantee safe gas transit from Tapi
- Pak players likely to be part of IPL 2013
- Air India pilots wanted a halt to command training of IA pilots
- EGoM to now decide on base price for spectrum auction
- New power equation in BJP
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us