No surplus coal with subsidiaries of CIL: govt

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:11 AM IST

Government today admitted that there was no surplus coal with subsidiaries of Coal India Ltd and there was a wide gap between availability and commitments made by the company to various consumers.

"There is no surplus coal available with the subsidiary companies of Coal India Ltd. In fact, there is a wide gap between the availability of coal and the commitments made by CIL through fuel supply agreements (FSAs) and letters of assurance (LOAs) for supply of coal," Coal Minister Sriparkash Jaiswal informed the Lok Sabha during Question Hour.

Amid din created by pro-Telangana members, Jaiswal in reply to a supplementary said providing coal linkage was the duty of the government.

He said CIL has commitments to supply 318.74 Million Tonne (MT) of coal to power plants through FSAs and out of this, 114.70 MT is on account of NTPC and 10.92 MT on account of private sector power plants.

The Minister said CIL has issued 172 LOAs to power units for a total quantity of 423.48 MT. Out of this, 72.151 MT coal per annum is the commitment of NTPC against 20 LOAs and 240.684 MT coal per annum to private sector plants against 111 LOAs.

*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: Mar 28 2012 | 1:47 PM IST

Next Story