Focus on meeting demand, Goyal to Coal India

Image
IANS Kolkata
Last Updated : Jul 09 2018 | 8:50 PM IST

Taking stock of coal supply situation in the country, Union Coal Minister Piyush Goyal on Monday asked Coal India to focus on meeting coal demand, particularly that of power sector.

During a review meeting held here with officials, he urged "better coordination between Coal India and Railways to ramp up supplies", sources said.

Coal India was also asked to work out on planning for next fiscal's production and supply in an objective to better coordination with Railways, the sources added.

In fact, Coal India had recenly said an action plan was drawn to prioritise coal supplies to power stations lest they turn critical due to non-availability of coal.

The miner despatched 122.84 million tonnes of coal to the power sector during the first quarter (April-June 2018) as compared to despatch of 106.46 million tonnes same period last year.

Outcome of the coordinated efforts of CIL and Railways gets reflected in a CEA report which indicates reduction in the number of critical power stations from 30 as on April 1, 2018 to 13 on July 2, 2018, the miner said recently.

Coal India had also urged power stations "not to restrict intake of coal during monsoon period when power generation demand drops", but to use this period as an opportunity to build stocks to cope up with subsequent increase in power generation demand.

--IANS

bdc/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jul 09 2018 | 8:42 PM IST

Next Story