SME Times is powered by   
Search News
Just in:   • Pranab to take austerity measures for economic growth  • Sensex tanks 298 pts, metal, auto stocks fall  • Rupee hits record low of 54.42 against dollar  • Pilots grievances will be heard: Ajit Singh  • Second Ghana SME Expo launched  
Last updated: 01 Dec, 2011  

Sriprakash Jaiswal THMB We cannot meet power firms' coal demands: Minister

Coal.9.jpg
SME Times News Bureau | 01 Dec, 2011
Coal Minister Sriprakash Jaiswal Thursday said Coal India Limited (CIL) could not meet the requirements of the power companies.

"A large number of power plants are coming in the country. We cannot meet the coal demand of the power companies," Jaiswal said at a press conference here.

He said, "We are trying to improve coal production to meet maximum requirements".

"Some of the subsidiaries of CIL like HSCL, WBCL are moving with the given target and some of the subsidiaries like Central Coalfield Limited (CCL), Bharat Coking Coal Limited and others are lagging behind in the production target," he added.

The minister admitted that some of the power stations do not have adequate stocks of coal. He advised the power companies to import coal considering their rising demand.

To a query about cancellation of coal blocks of the National Thermal Power Corporation (NTPC) Ltd and the Jharkhand State Electricity Board (JSEB), Jaiswal said: "We have constituted a review committee which will look into the issue."

"The committee will look into only state-run and public sector undertakings' (PSU) power stations cancellation of the blocks," he added.

Jaiswal expressed unhappiness over the poor performance of the CCL in coal production. "Some CCL mines are not performing well."
 
Print the Page Add to Favorite
 

Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

   Top Stories
» Pranab to take austerity measures for economic growth
» Rupee hits record low of 54.42 against dollar
» Vast scope for India-Africa SME cooperation: Scindia
» SMEs to meet today on 12th Plan manufacturing roadmap
» India ranked 46th in trade logistics performance
 
  Commented Stories
» Credit rating can help SMEs in more ways than one(20)
» SME Conclave – awareness on SME stock exchange(15)
» Exporters need push, not pull(8)
» As China dumps in India's solar market, domestic industry shrivels(3)
» Industrial city Kanpur at its deathbed(3)
  Customs Exchange Rates
Currency Import Export
US Dollar
53.10
52.25
UK Pound
86.00
84.15
Euro
70.35
68.70
Japanese Yen 65.50 63.85
As on 16 May, 2012
  Daily Poll
Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters?
 Yes
 No
 Can't say
 
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies