LIVE TV DownloadNews18 App
News18 English
»
1-min read

Govt Committed to Resolve Issues That Impact Coal Output, Supply: Piyush Goyal

In this regard, the Indian Captive Power Producers Association (ICPPA) had earlier submitted a letter to the Prime Minister's Office (PMO) requesting to address the issue of coal availability and its supply.

PTI

Updated:November 17, 2018, 11:20 PM IST
facebookTwittergoogleskypewhatsapp
Govt Committed to Resolve Issues That Impact Coal Output, Supply: Piyush Goyal
Interim finance minister Piyush Goyal. (PTI)
Loading...
Mumbai: Union Coal Minister Piyush Goyal on Saturday said the government is committed to resolve the issues impacting production and supply of coal in the country.

He said the situation in the key sector has improved in the last four years.

"We will be importing less coal than what we did four years ago and the quality of coal today has never been so good," he said at the ET Awards 2018 here.

The government is committed to resolve all issues related to the sector, he added.

Captive power producers coming from sectors like aluminium, steel and copper have been complaining the issue of coal supply to run their plants.

In this regard, the Indian Captive Power Producers Association (ICPPA) had earlier submitted a letter to the Prime Minister's Office (PMO) requesting to address the issue of coal availability and its supply.

Supply of coal is a long-standing issue for the captive power producers who unlike the independent power producers (IPPs) don't produce it for commercial purpose.

Holding responsible the previous government for contributing to the issue, Goyal said "This is the weakness of the previous government that they insisted you (the players) to design power plant on imported coal then we will allow you environmental permission to set it up.

"They could never imagine that country could have 10 per cent growth of coal production which we have this year in the first half."

In the monsoon, he said there was stress of power, the requirement shot up and coal production could not keep pace with the monsoon.

Earlier this month, the minister urged state-run Coal India Ltd to pledge self-sufficiency in production to eliminate import of the dry fuel, and look at reviving the 1-billion tonne output aim.
| Edited by: Ahona Sengupta
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Jet Airways 254.10 12.41
Reliance 1,324.45 -1.29
REC 155.40 10.25
Maruti Suzuki 6,522.60 -0.46
HDFC 1,945.65 -1.81
Company Price Change %Gain
Infosys 735.80 -0.86
HDFC 1,945.75 -1.95
HDFC Bank 2,282.00 0.31
TCS 1,986.90 -0.89
Oberoi Realty 511.80 -0.76
Top Gainers
Company Price Change %Gain
IOC 164.35 4.65
ONGC 158.65 4.14
Coal India 237.20 2.26
HPCL 274.25 2.20
Power Grid Corp 202.00 1.76
Company Price Change %Gain
ONGC 158.50 3.90
Coal India 236.80 2.09
Power Grid Corp 201.90 1.71
NTPC 135.65 1.19
Bajaj Finance 2,852.85 0.56
Top Losers
Company Price Change %Gain
Zee Entertain 416.45 -4.23
Vedanta 168.25 -3.25
Bharti Infratel 306.60 -3.01
JSW Steel 278.80 -2.43
UPL 912.70 -2.38
Company Price Change %Gain
Vedanta 168.25 -3.28
Tata Motors 171.35 -2.31
Yes Bank 247.00 -2.18
M&M 664.30 -2.11
ICICI Bank 383.50 -2.07

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results