Fuels for Generation
Supply of coal to the Power Sector has risen to 210.3 Million Tonnes (MT) in the first six months of this fiscal against 195.2 MT during the corresponding period of 2016-17 thus recording growth of 7.74% (provisional).
Coal supplies are made to the Power Plants in terms of the Fuel Supply Agreement executed between Power Gencos and coal companies. Moreover, the power plants can also take coal through Special Forward E-Auction Scheme where coal is offered exclusively for power plants in regulated sector.
Global coal prices have been on a steady rise in the last few months, increasing cost pressure for thermal power producers in the country. This is happening as they struggle with lower offtake for the power they generate.
CHENNAI: Sending shock waves in the state administration, Arappor Iyakkam, an activist organisation, on Thursday exposed a whopping Rs 3,000 crore coal scam allegedly involving former electricity minister and Tangedco (Tamil Nadu Generation and Distribution Corporation) chai
NEW DELHI: Coal India has earned a premium of 66% from sale of coal in the spot markets so far in the current year as the state-run monopoly slashed the quantity allocated to the power sector in spot auctions while increasing supplies to non-power sectors.
By Sudarshan Varadhan
NEW DELHI (Reuters) - India will allow Coal India to build 11 new coal mines, the government said, a move that could increase annual production of the world's largest coal miner by two-fifths.
KOLKATA: Power producers are still evaluating Coal India's claim that its new pricing policy will bring down fuel costs for generating electricity.The state-owned coal monopoly has announced introduction of a calorific value-based pricing policy for power sector consumers from April, and issued a