scorecardresearch
Sunday, Feb 05, 2023
Advertisement
Premium

Need to import 82 MT coal in fiscal: CoalMin

Anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply....

Anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply,the Coal Ministry today said the country would have to import 82 million tones coal to fire its blast furnaces and power turbines in 2010-11. In its quest for streamlining growth in the sector,the ministry has also pledged to expedite the setting up of the proposed Coal Regulator by seeking the approval of the union cabinet soon.

Pointing out that the total demand for coking and non-coking coal in 2010-11 has been estimated to be around 653.71 million tones,Coal Minister Sriprakash Jaiswal told The Indian Express that coal imports was imperative to ensure raw material security. “After a recent review meeting on the sector,we saw that the total coal demand was around 654 million tones. We found that production from all the sources including our behemoth Coal India Limited would be around 572.37 million tones,thereby leaving a gap of nearly 82 MT this fiscal. So imports will have to happen,” Jaiswal argued.

In the course of the meeting,the ministry inferred that the demand for coking coal from the steel sector would be around 50.51 MT in this fiscal,while non-coking coal demand would be around 603.20 MT mainly from the thermal power,cement and captive power plants. Against this CIL’s production is expected to be about 460.50 MT while Singareni Collieries Company Limited’s output would be about 46 MT besides other sources thereby taking the total production to around 572.37 MT. “In the 11th Plan period we have asked CIL to implement 134 new projects at an estimated cost of Rs 35,772.63 crore to produce an estimated 367.86 MT of coal from them,” Jaiswal said. Of these 134 projects,work is expected to shortly begin on 67 projects with an annual production capacity of 157.42 MT.

Promising to expedite setting up of a regulator for the coal sector,the minister said dry details have been worked out and a cabinet note has been circulated to the concerned ministries for their comments. “We intend to take it to the union cabinet soon for its approval,” he said.

Subscriber Only Stories
What Mayawati’s silence on Sidheeque Kappan case says
A prisoner in Pakistan: An IAF pilot’s tale of courage and fortitude
How a toilet campaign changed lives, helped women in Telangana’s Narayanpet
Conspiracy, data theft with ex-staff: Digital India firm accuses pvt company

First published on: 21-04-2010 at 23:04 IST
Next Story

A Non-Political Party

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement
close