Google Website Translator Gadget

Saturday, October 15, 2011

Karnataka state will buy 1 million tonnes of imported coal

Sat,Oct15,2011

BANGALORE: Finally, the state has come up with a contingency plan to overcome hurdles in power generation due to coal shortage. It has placed orders to buy 1 million tonnes of imported coal from domestic sources to run its two major thermal power stations in north Karnataka.

"Though we cannot run our thermal plants purely on imported coal, we have decided to blend imported and domestic coal (20:80 ratio)," Karnataka Power Corporation (KPC) managing director Yogendra Tripathi said. Tripathi said the state government is buying imported coal from an Indian company ( Gupta Coal India Ltd) at Rs 5,700 per tonne, that's approximately Rs 570 crore for 1 million tonnes.Officials said use of imported coal will raise generation cost by more than Re 1 per unit.

Energy minister Shobha Karandlaje said the government is also looking at importing coal from Australia or Indonesia. "Our officials are trying to obtain a coal mining lease if it's available,'' she said in New Delhi on Wednesday.

(sourced TOI)


No comments: