Coal news and updates

The coal stock with Thermal Power Plants (TPPs) has increased to 38.9 MT (equivalent to 27 days' requirement) as on 31.03.2016 from 26.1 MT (equivalent to 18 days requirement as on 31 March 2015).

 

The subsidiary-wise production of coal and offtake by CIL for the last three years and current year are:

 

( in MT )

 

Com. 2016-17

(APR-OCT) Prov.) 2015-16 2014-15 2013-14Prod. Offtake Prod. Offtake Prod. Offtake Prod. OfftakeECL 19.586 23.316 40.209 38.607 40.008 38.470 36.054 36.255BCCL 19.494 19.126 35.861 36.141 34.514 33.672 32.614 34.200CCL 28.119 30.364 61.324 59.582 55.652 55.338 50.022 52.122NCL 42.971 44.685 80.224 78.532 72.484 73.693 68.639 72.111WCL 17.478 19.448 44.815 42.310 41.147 41.246 39.729 39.945SECL 71.113 73.801 137.934 138.748 128.275 123.223 124.261 122.027 MCL 74.680 81.011 137.901 140.234 121.379 123.003 110.439 114.344NEC 0.127 0.405 0.486 0.342 0.779 0.732 0.664 0.577CIL 273.568 292.156 538.754 534.496 494.238 489.377 462.422 471.581

State- wise coal production of CIL for the last three years and the current year is as below:

 

( in MT )

 

STATE 2016-17

(APR-OCT) 

(Prov.) 2015-16 2014-15 2013-14West Bengal 11.691 23.718 21.652 20.430Jharkhand 55.508 113.675 108.521 98.260Chhattisgarh 65.334 124.206 115.192 110.143Orissa 74.680 137.901 121.379 110.439Madhya Pradesh 43.412 87.892 76.403 73.590Maharashtra 14.940 38.187 35.354 34.175Uttar Pradesh 7.876 12.689 14.957 14.721Assam 0.127 0.486 0.779 0.664CIL 273.568 538.754 494.238 462.422

As regards import by CIL, under the provisions of new Fuel Supply Agreements in accordance to the Presidential Directives issued to CIL, option is given to Power Utility sector consumers to opt for supply of a part of the Annual Contracted Quantity (ACQ) from imported coal through CIL (viz. 15% of ACQ up to 2014-15, 13% of ACQ in 2015-16 and 5% of ACQ from 2016-17 onwards).

 

The scheme of supply of imported coal arranged by CIL to willing Thermal Power Plants (TPP) on cost plus basis was started only in 2014-15. 3 TPPs in 2014-15 and 3 TPPs in 2015-16 had opted for supply of imported coal arranged by CIL on cost plus basis. Accordingly, CIL had imported 4.83 lakh tonnes of coal with sales value of Rs.333.31 Crores in 2014-15 and 3.57 lakh tonnes with sales value of Rs. 163.81 Crores in 2015-16. For 2016-17, none of the TPPs have opted for supply of imported coal through CIL.

 

Till now, 83 coal mines have been allocated to private and public sector under the provisions of the Coal Mines (Special Provisions) Act 2015. So far, a revenue of Rs. 2779.36 crores (approx.) has already been generated from these allocated 83 coal mines and is being transferred to the respective state Governments where the coal mines are located.

Source: Business Standerd