GET Stock QuotesNews18 APP
News18 English

SPONSORS

Powered by cricketnext logo
»
1-min read

Allow Use of Domestic Coal in Plants Run on Imports: Parliamentary Panel

"The Committee has noted that the use of indigenous coal by the imported coal-based thermal power plants is dependent on policy interventions by the government," Standing Committee on Coal and Steel said in its latest report.

PTI

Updated:January 3, 2018, 7:00 PM IST
facebookTwittergoogleskypewhatsapp
Allow Use of Domestic Coal in Plants Run on Imports: Parliamentary Panel
A labourer carries coal on his head at Jharria and Digwadih area in Dhanbad district. (File image: PTI)
New Delhi: The government should consider allowing domestic coal to be used in imported coal-based thermal power plants to reduce the dependency on the dry fuel bought from other countries, says a Parliamentary Committee report.

"The Committee has noted that the use of indigenous coal by the imported coal-based thermal power plants is dependent on policy interventions by the government," Standing Committee on Coal and Steel said in its latest report.

It observed that governments intervention is needed for allowing use of domestic coal along with imported coal as the existing consent is only for the use of imported dry fuel.

"The committee has therefore desired that the government should earnestly address this issue to bring down the import of non-coking coal," the report said.

The committee also suggested that all out efforts be made to reverse the trend of importing coking coal by steel units by enhancing the domestic output or acquiring coking coal mines by Coal India overseas.

The panel also suggested that in addition to supply side, the demand projections of coal be revised in consonance with the demand trends from various sectors so that the demand supply gap does not depict a different story.

The 36th Report of the Committee on Production, Marketing and Distribution of Coal of the Coal Ministry was presented in Lok Sabha on Wednesday.
| Edited by: Huma Tabassum
Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
SBI 318.10 +11.60 +3.78
Jindal Steel 290.75 +27.00 +10.24
Reliance 983.25 +11.75 +1.21
Infosys 1,177.10 +27.10 +2.36
Axis Bank 620.10 +8.55 +1.40
Company Price Change %Gain
Zee Entertain 593.80 -15.35 -2.52
Power Grid Corp 196.00 +1.00 +0.51
Bharti Airtel 490.90 +1.20 +0.25
HDFC Bank 1,951.30 -12.50 -0.64
HDFC 1,881.75 +7.60 +0.41
Top Gainers
Company Price Change %Gain
Vedanta 343.50 +16.55 +5.06
Hindalco 264.95 +9.85 +3.86
SBI 318.10 +11.60 +3.78
Tata Steel 779.75 +27.55 +3.66
Cipla 622.35 +21.20 +3.53
Company Price Change %Gain
SBI 318.00 +11.75 +3.84
Tata Steel 780.05 +27.95 +3.72
ONGC 207.15 +7.20 +3.60
ICICI Bank 362.05 +10.75 +3.06
Coal India 293.00 +8.65 +3.04
Top Losers
Company Price Change %Gain
Ambuja Cements 262.70 -5.75 -2.14
Eicher Motors 27,071.25 -578.55 -2.09
Wipro 315.25 -6.30 -1.96
Zee Entertain 597.15 -11.70 -1.92
HPCL 395.90 -5.90 -1.47
Company Price Change %Gain
Wipro 315.10 -5.70 -1.78
Tata Motors 418.05 -3.50 -0.83
Asian Paints 1,167.70 -9.00 -0.76
HDFC Bank 1,951.30 -12.50 -0.64
Tata Motors (D) 238.15 -0.80 -0.33

Live TV