Business Daily from THE HINDU group of publications
Thursday, Dec 07, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Coal
Eastern Coalfields, Bharat Coking post lower coal despatches

Our Bureau

This is despite achieving higher production in April-November

Kolkata , Dec. 6

Between April and November this year, despatches of coal by rail from two major coal producing companies Eastern Coalfields Ltd (ECL) and Bharat Coking Coal (BCCL) left much to be desired, despite their achieving higher production during the period compared to the same period last year, according to railway sources.

ECL posted an increase of 2.69 per cent in production at 17.93 million tonnes (mt) during the period under review compared to 17.46 mt and BCCL a rise of five per cent at 14.17 mt (13.45 mt).

However, during the same period, coal despatch by rail from ECL mines registered 5.5 per cent decline at the average daily loading of 1,841 wagons (in terms of four-wheelers) compared to 1,949 wagons in the same period of last year. The despatches from BCCL mines in the same period, however, showed an increase of 3.44 per cent at the average daily loading of 2,284 wagons (2,208 wagons). But, as the sources observe, the increase was lower than the production growth.

Reasons cited

Inquiries reveal that the drop in despatches from ECL mines should be attributed to the unique situation at Rajamahal mines. The Rajamahal mines posted a significant increase in production at 6.95 mt (5.93 mt), i.e. by more than one mt, during the period. However, there being no direct rail link of Eastern Railway to evacuate the production, ECL is almost entirely dependent on National Thermal Power Corporation for evacuation. Since NTPC takes the delivery of coal only at will, i.e. as and when it needs, there is a substantial pithead stock at Rajmahal. The stock, it is learnt, at one point went up to as high as 3.2 mt.

The situation at BCCL is of course a little different. Coal despatches from five of the BCCL mines, namely, Kesargarh siding, BCB 4 and 5, NCOP, South Govindpur and Kaustaur, cannot be undertaken for a variety of reasons.

In some mines it is critical law and order problem and in some others, it is either lack of siding or absence of crusher or closure of mines.

As a result these mines together are believed to be holding a pithead stock of about one mt.

More Stories on : Coal | Railways

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Mishap at Biocon Park


Delhi International Airport to pay Rs 350 cr for metro project
AP Cabinet okays package for outer ring road land oustees
IFC may invest Rs 100 cr in Moser Baer project
EPF trustees to decide on interest rate today
`Slew of actions to reduce greenhouse gas emissions'
Pulses `nil' import duty regime extended
India-Israel preferential trading plan on cards
Mediclaim for senior citizens unveiled
Widen coverage in rural areas, Kalam tells NIC
Public-private partnership schemes come in for stick
Shell opens outlet in Hyderabad
Bihar unveils new steps on power sector front
TN: Meet on VAT on Dec 19
Eastern Coalfields, Bharat Coking post lower coal despatches
Naxalite activities could impact mega investments: CLSA
London School of Economics keen to offer joint degrees
Common Entrance Test abolished in TN
Kalam urges students to strive for development
ecomNET to support blind students
Builders' plea for separate Ministry
Concern over civil engineers' migration to IT
Infrastructure major bags award
Foundation laid for Hyderabad garment units
Training rural labour in apparel design
Ministry to train middle-level managers
Target $200-b software exports by 2010: Kalam
IIITM-K symposium on Dec 15


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line