New Delhi: The power sector is likely to meet only 90% of the 20 million tonnes (mt) coal import target this fiscal due to delay in order placements, increasing the misery of many power stations that are running on critical stocks of less than seven days.
Imports are likely to fall short of target as deliveries may not come in time, with only three weeks remaining for this fiscal to end, and orders were placed late, said a senior power ministry official. “Power firms, including NTPC Ltd, would import close to 18mt of coal as against the target of 20mt by March end,” the official added.
CEA for coal allocation to steel, cement sectors
New Delhi: The Central Electricity Authority (CEA) has favoured allocation of coal linkages for setting up captive power plants by steel, aluminium, cement and textile industries and has asked the government to frame a long-term policy for this.
CEA has received about 170 proposals from the captive power plants for providing coal linkages, out of which around 50 proposals have been recommended to the ministry of power, while keeping the remaining in abeyance until finalization of policy, a power ministry official said. It has been recommended that industries with captive power plants of 100MW and above be given preference in the allotment of coal blocks.