Import of coal by Indian power utilities rises

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

31 Dec 2008

The various coal utilities of the country have already imported around 10 million tonne of coal to meet the shortages in the supply of domestic coal. The utility majors including NTPC have tied up for the import of 19.46 million tonne of coal by the end of this fiscal against a target of 20 million tonne. Mr Anil Razdan Power Secretary exhorted the power utilities not only to achieve the import target this fiscal, but also to complete the procurement formalities by January, 2009, so that the target of 25 million tonne is achieved. Rigorous monitoring should be continued to meet the gap on coal supply.
However, secretary, Cabinet Secretariat has also reviewed the coal supply position and import of coal. She expressed her satisfaction at the import so far and expected that power utilities complete the import as per target. She advised that two remaining utilities be also persuaded to start import of coal soon, so that loss of generation can be avoided.

Source: SteelGuru