To tackle the increased power demand in summer, the Centre has intervened and directed Coal India to offer “out-of-turn” coal supplies to Central and State-owned power generating units.
The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which have fallen off the dynamic priority queue. The move has prompted the affected industries to write to the Prime Minister’s Office (PMO) with their concerns.
The trend was set during the second term of the UPA, between 2009 and 2014. And, now, the recruitment policy for top jobs in Coal India (CIL) and its group companies resembles a game of musical chairs. They are either left vacant or filled with a short-term outlook.
Private power producers (IPPs) believe the methodology for rationalisation of coal linkages approved by the government earlier this week is unlikely so solve the fuel-related issues they face.
State-run thermal power plants in coastal states have begun buying overseas coal due to domestic coal shortages, government and utility officials said, in a setback for the country’s long-term plans to eliminate imports.
The government has issued guidelines to allow power producers to swap coal supply assurances in exchange for lowering of tariffs.
The Coal Ministry on Friday appointed Suresh Kumar, Additional Secretary of Coal, as the part-time Chairman and Managing Director of Coal India Ltd with immediate effect.
Coal India Ltd (CIL) has attempted to ward off the impact of the strike called by trade unions protesting against commercial coal mining.
Coal India Ltd (CIL) has attempted to ward off the impact of the strike called by trade unions protesting against the commercial coal mining.
Coal India and its subsidiaries will now be able to extract Coal Bed Methane from their mines without seeking approvals under the Petroleum and Natural Gas Rules 1959 (PNG Rules, 1959).