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August 29, 2011

Coal India offers 447 MT of coal to power utilities…

image Coal India Limited has offered to supply 447 million tonnes of coal to Power Utilities in 2011-12 subject to availability of wagons by the Railways at an average of 190.4 rakes per day during the year.

This information was given by Minister of State in the ministry of Coal,Shri Pratik Prakashbapu Patil in a written reply to a question in Rajya Sabha today.

The minister informed the house that 216 coal blocks with geological reserves of about 50 billion tones have been allocated to eligible public and private companies under the Coal Mines (Nationalization) Act, 1973. Out of that, 24 coal blocks have been de-allocated. Out of de-allocated coal blocks, two coal blocks were re-allocated to eligible companies under the said Act.

In view of the above, the net allocated blocks are 194 coal blocks with geological reserves of about 44.44 billion tones. Out of these 28 coal blocks have come into production. The rest of the blocks are in various stages of development. Development of coal blocks involves gestation period of 3 to 7 years for reaching the production stage and another two to three years for reaching the optimal production capacity.

The major constraints being faced by the allocates are i) delay in setting up end use projects and ii) time taken for obtaining various clearances for mining and land acquisition.

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