Allow use of domestic coal in plants run on imports: Par Panel

Image
Press Trust of India New Delhi
Last Updated : Jan 03 2018 | 5:20 PM IST
The government should consider allowing domestic coal to be used in imported coal-based thermal power plants to reduce the dependency on the dry fuel bought from other countries, says a Parliamentary Committee report.
"The Committee has noted that the use of indigenous coal by the imported coal-based thermal power plants is dependent on policy interventions by the government," Standing Committee on Coal and Steel said in its latest report.
It observed that government's intervention is needed for allowing use of domestic coal along with imported coal as the existing consent is only for the use of imported dry fuel.
"The committee has therefore desired that the government should earnestly address this issue to bring down the import of non-coking coal," the report said.
The committee also suggested that all out efforts be made to reverse the trend of importing coking coal by steel units by enhancing the domestic output or acquiring coking coal mines by Coal India overseas.
The panel also suggested that in addition to supply side, the demand projections of coal be revised in consonance with the demand trends from various sectors so that the demand supply gap does not depict a different story.
The 36th Report of the Committee on Production, Marketing and Distribution of Coal of the Coal Ministry was presented in Lok Sabha today.

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: Jan 03 2018 | 5:20 PM IST

Next Story