Recover coal companies dues from utilities vigorously, suggests Par panel
With outstanding dues of state-run Coal India and its arms soaring to Rs 26,480 crore as of January 31, a parliamentary panel has said the matter should be taken more vigorously to recover the pending amount, particularly from consumers like power generating units, cement and fertiliser industries.
The Standing Committee on Coal, Mines and Steel in its report tabled in Parliament said that a huge amount of dues are outstanding from the states and other utilities.
“…as a result, outstanding dues of CIL (Coal India) , SCCL (Singareni Collieries Company Ltd ) and NLC India Ltd (NLCIL) as on January 31, 2022 have soared to Rs 15,097.01 crore, Rs 5,620.35 crore and Rs 5,763.23 crore, respectively,” it said.
