DVC looking for coal mines to expand power plants

DVC currently requires 30 million tonnes of coal annually

Tapan Chakravorti Kolkata/ Ranchi
Last Updated : Apr 15 2013 | 12:29 AM IST
In order to renovate the existing power generation units by around 1,600 MW by 2013-14, the state-owned Damodar Valley Corporation (DVC) has frantically searching for new sources of coal mines.

Disclosing this, the chairman of the power major Rabindra Nath Sen said here that DVC presently required 30 million tonnes (MT) of coal annually. But only 12.45 MT was available through fuel supply agreement with the Coal India Limited (CIL).

Chairman said that the existing power generation capacity of DVC was of the order of 6,562 MW and it wanted to add 4,020 MW to generate power. The proposed plan of DVC for capacity addition was pending because of non-availability of coal. DVC has conducted a survey of old and abandoned coal mines to find out the viability of mining of them and talks in this regard were held with the CIL, he added.

Meanwhile, a source from DVC said availability of coal has now become a major issue. He pointed out that for generation of around 5,000 MW of power, the power major required nearly 70,000 tonnes of coal per day. In current financial year 2013-14, the requirement of coal per day would be increased following renovation of existing generating units.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 14 2013 | 8:07 PM IST

Next Story