Comments
Coal India Chairman and Managing Director S. Narsingh Rao on Monday said it was not possible to meet the complete coal demand from indigenous sources till the 13th Five-Year Plan period. This is despite Coal India’s production growing at 8-9 per cent.
“We need to supply coal to additional 90,000 MW capacity over the 306 million tonnes (mt) supplied to thermal electricity generation plants currently,’’ Rao said at the Fourth Coal Summit 2012.
During the 12th Plan, India would face a supply gap of 185 mt. Coal production by the terminal year of the 12th Plan is likely to touch 795 mt, after an incremental production of 255 mt compared to the previous Plan.
During the 11th Plan, coal production was increased by 110 mt and there was a gap of 140 mt. “Environmental and technical issues need to be addressed,’’ Rao said.
The Coal India Chairman said that the company would introduce a mechanism of “internal environmental audit’’. This would be treated as important as production and offtake, he added.
The production was hit due to Nilam cyclone, he said. At the same time, because of festival season production was low.
The company targets 129 mt production in the third quarter of the current financial year. Till now, 30 fuel supply agreements have been signed, Narsingh Rao said.
siddhartha.s@thehindu.co.in
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.