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The coal ministry on Thursday said the dispatch of coal is likely to exceed one billion tonnes in the current financial year. The coal ministry has set a target to produce and dispatch 1,012 million tonnes (MT) of coal to consumers during the ongoing fiscal. "During the second half of the year, the rate of production and dispatch is normally higher than the first half of the year. It is, therefore, expected that this year's dispatch of coal would exceed the one billion tonne mark," the coal ministry said in a statement. During the last financial year, coal dispatch of 500 MT happened as on November 9. During the current year, the 500 MT dispatch mark has been achieved 23 days in advance. "Achieving record high performance, the Ministry has been able to dispatch 500 MT coal as on October 17 2023. Dispatch of 500 MT of coal in 200 days, despite the monsoon season, in the first half of the year, is an outstanding achievement," it said. Out of 500 MT of coal dispatch, 416.57 MT has be
Rajasthan Chief Minister Ashok Gehlot on Tuesday alleged that the Centre is pressuring states to purchase imported coal, which costs three times more the one produced in the country. He also urged the Centre to remove the requirement of purchasing imported coal, which he said has been increased to 10 per cent of the total purchase. According to a release, Gehlot said the price of imported coal is three times higher than that of provided by Coal India. The chief minister said Rajasthan may have to bear a burden of Rs 1,736 crore if it purchases the imported coal. "The Union ministry of power had issued an advisory in December 2021 to the Rajasthan Vidyut Utpadan Nigam for 4 per cent imported coal blending and in April, it has been made mandatory to buy 10 per cent," a release quoting Gehlot said. "The price of this imported coal is more than three times the price of coal being given by Coal India Limited. Its cost is expected to be about Rs 1,736 crore, which is much higher than th