KSK Mahanadi is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT). Coal India, NTPC, Vedanta, JSW Energy were among the other bidders
The domestic coal supply to the power sector in October is 12 per cent more than the same period of last year.
Union coal secretary Anil Kumar Jain on Tuesday said that thermal power stations have coal stocks that will last for the next 17 days and Mahagenco has stocks for eight to 10 days. Jain addressed a press conference along with Coal India Ltd (CIL) chairman Pramod Agrawal at the Western Coalfields Limited (WCL) during their visit to Nagpur. A major decision has been taken with regards to the pension scheme of coal mine workers, Jain said. The CIL gives Rs 10 per tonne of coal production towards pension scheme to coal mine workers, and likewise, the CIL gave approximately Rs 622 crore towards pension scheme out of the total production of 622 million tonnes last year, he said. As private coal companies were not contributing this way, the coal ministry was planning to a make a law wherein such firms will have to contribute around Rs 20 per tonne coal towards pension fund, Jain said. Speaking about the coal supply to Mahagenco and other power companies, Jain said the WCL was supposed to
Mixed signals: Maharashtra govt raises alarm, but generating stations claim supply is under control
Coal shortage crisis at thermal power projects does not seem to abate very soon as the number of non-pit head plants with less than four days of dry fuel stock has increased to 70 this Sunday
States continue to flock spot market, prices at record high
While the coal stocks in the Maharatna company peaked to around 60 mt, coal stocks in power plants rose to 41.41 mt - the highest ever inventory level in the country till date
None of the units run by NTPC, along with those operated by its JVs, now faces a situation of super critical stocks
Kaniha open-cast mining, with 10 mt in annual output, has witnessed a record 1269 hours of work stoppage in FY20
The CEA plans to streamline data for demand and performance of state power utilities and power plants along with coal and railway rake availability