Business Standard
Wednesday, Feb 15, 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 higher led by rate sensitives
- New rules to seize property of corrupt babus
- BSES gets Rs 5,000-cr IDBI Bank loan to pay dues
- Reliance MediaWorks Q3 net loss at Rs 151 cr
- Investor wealth grows by Rs 10 lakh cr in 2012 rally
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Save over Rs.3000 with IndianOil Citibank Card
- We live for our family. have you secured them?
- Financial Learning now made easier and more convenient.
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- BSE Q3 net dips 23% on market making spends
- Shyam Saran: Changing climates of governance
- Subir Roy: Creating affordable urban capacity
- M J Antony: Reluctant respondents
- Now, leasing a Merc is cheaper than buying
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  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
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us