Power cos to import 48 MT of coal in FY11

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 12:36 AM IST

Power utilities would import 48 million tonnes (MT) of coal from Australia, Indonesia and South Africa next financial year (2010-11) to ensure regular fuel supply to the generating plants, the government said today.

"Power utilities (public and private) would import 48 million tonnes of coal next fiscal (2010-11)," Power Secretary H S Brahma told reporters here.

The dry fuel is likely to be sourced from coal rich countries like Australia, Indonesia and South Africa. 

"Both public and private power companies would import the coal from Australia, Indonesia and South Africa," Brahma said.

The companies have already imported 19 million tonnes of coal from the targeted 28 million tonnes during the current fiscal (2009-10).

"Of the total 28 million tonnes, they have done 19 million tonnes," he said, adding that the rest would be imported soon.

State-run NTPC has also imported nine million tonnes of the targeted 12.5 million tonnes during the current financial year (2009-10). "They (NTPC) are right on track... They have done nine million tonnes," he added.

The projected coal requirement by the end of the current XIth Five Year Plan (2007-12) is expected to touch 700 million tonnes and the demand from power companies is likely to be at 550 million tonnes.

*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: Feb 24 2010 | 1:36 PM IST

Next Story