Mon, August29, 2011
The major constraints being faced by the allocatees are
i) delay in setting up end use projects and
ii) time taken for obtaining various clearances for mining and land acquisition.
Coal India Limited has offered to supply 447 million tonnes of coal to Power Utilities in 2011-12 subject to availability of wagons by the Railways at an average of 190.4 rakes per day during the year. This information was given by Minister of State in the ministry of Coal,Shri Pratik Prakashbapu Patil in a written reply to a question in Rajya Sabha today.
The minister informed the house that 216 coal blocks with geological reserves of about 50 billion tonnes have been allocated to eligible public and private companies under the Coal Mines (Nationalisation) Act, 1973. Out of that, 24 coal blocks have been de-allocated. Out of de-allocated coal blocks, two coal blocks were re-allocated to eligible companies under the said Act. In view of the above, the net allocated blocks are 194 coal blocks with geological reserves of about 44.44 billion tonnes. Out of these 28 coal blocks have come into production. The rest of the blocks are in various stages of development. Development of coal blocks involves gestation period of 3 to 7 years for reaching the production stage and another two to three years for reaching the optimal production capacity. The major constraints being faced by the allocatees are i) delay in setting up end use projects and ii) time taken for obtaining various clearances for mining and land acquisition.
Patil said that Coal India has reported that during April-July 2011,dispatches to NALCO’s Captive Power Plant (CPP) and Aluminium plant were 1.828 million tonnes against the pro-rata Annual Contract Quantity (ACQ) of 1.91 million tonnes with 96% materialization. Dispatches to NTPC power stations were 36.622 million tonnes as against he pro-rata ACQ of 40.126 million tonnes with 90% materialization.
sourced India Infoline
The major constraints being faced by the allocatees are
i) delay in setting up end use projects and
ii) time taken for obtaining various clearances for mining and land acquisition.
Coal India Limited has offered to supply 447 million tonnes of coal to Power Utilities in 2011-12 subject to availability of wagons by the Railways at an average of 190.4 rakes per day during the year. This information was given by Minister of State in the ministry of Coal,Shri Pratik Prakashbapu Patil in a written reply to a question in Rajya Sabha today.
The minister informed the house that 216 coal blocks with geological reserves of about 50 billion tonnes have been allocated to eligible public and private companies under the Coal Mines (Nationalisation) Act, 1973. Out of that, 24 coal blocks have been de-allocated. Out of de-allocated coal blocks, two coal blocks were re-allocated to eligible companies under the said Act. In view of the above, the net allocated blocks are 194 coal blocks with geological reserves of about 44.44 billion tonnes. Out of these 28 coal blocks have come into production. The rest of the blocks are in various stages of development. Development of coal blocks involves gestation period of 3 to 7 years for reaching the production stage and another two to three years for reaching the optimal production capacity. The major constraints being faced by the allocatees are i) delay in setting up end use projects and ii) time taken for obtaining various clearances for mining and land acquisition.
Patil said that Coal India has reported that during April-July 2011,dispatches to NALCO’s Captive Power Plant (CPP) and Aluminium plant were 1.828 million tonnes against the pro-rata Annual Contract Quantity (ACQ) of 1.91 million tonnes with 96% materialization. Dispatches to NTPC power stations were 36.622 million tonnes as against he pro-rata ACQ of 40.126 million tonnes with 90% materialization.
sourced India Infoline
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