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Company fears that other units may be shut down completely if the situation does not improve in coming days

The utility major, National Thermal Power Corporation (NTPC) has shut down one 500 Mw unit of its 3000 MW Kaniha power plant due to acute shortage of coal. The plant was sourcing coal from nearby Talcher coalfields of Mahanadi Coalfield Limited (MCL), a Coal India (CIL) subsidiary. The coal scarcity has also hit the capacity utilization of other five other units of the power plant, the second largest power complex under NTPC umbrella, forcing it to generate only 2000 Mw against a full capacity of 3000 Mw.

Project marks CIL's foray into power sector, will take proposal to board in few months

Coal India, the world's largest coal producer, plans to take a proposal to set up Rs 9,000 crore power plant in Odisha to its board for approval in the next couple of months. The 2x800 megawatt (MW) plant at the mouth of a coal field in the Mahanadi basin will mark the coal producer's foray into the power sector.

Coal India Limited (CIL) has strongly defended its position on the allegation of “abuse of dominance” levelled by Maharshtra State Power Generation Company (Mahagenco) and the Association of Power

First unit of 500 MW likely to go on stream in December 2013

A consortium of banks has agreed to lend Rs. 937 crore for the 1,000-MW NTPL power project, a joint venture of the Neyveli Lignite Corporation and the Tamil Nadu Power Generation and Distribution Corporation. The project is coming up at Tuticorin. The agreement was signed by NLC Director (Finance) Rakesh Kumar and Bank of India Deputy General Manager (Mumbai) S. Gunasekar on the NLC premises on Monday.

Kolkata/Ranchi: Coal India (CIL) is foraying into the solar power sector with a view to make use of its whopping cash reserve of above R60,000 crore in a meaningful way.

CIL chairman and managing director S Narsing Rao told FE there are business opportunities in the solar power sector and a scope to take some climate mitigation initiatives as well. “Foraying into solar power is expected to give us returns higher than the interest we are earning. It would also be a carbon mitigating project,” Rao said.

The indefinite agitation by people of Jarada village, who lost their land and houses for Kaniha open-cast coalmine, entered its 12th day on Tuesday. Coal production is disrupted as the agitators are not allowing any employees to work.

More than 700 families were affected and 750 acres acquired by the Mahanadi Coalfields Limited(MCL) in 1995. Sources said though 450 families have been provided jobs till now, another 150 affected families are yet to get employment. Demanding jobs and resettlement, the villagers have been staging a sit-in in front of the coalmine main gate at Kaniha since January 24.

As Odisha gears up to meet additional power demand of 3517 Mw for rural electrification during the 12th Plan, it is facing a challenge to raise Rs 7500 crore needed to create matching transmission infrastructure.

The additional internal power demand of 3517 Mw is projected to be created by rural electrification taken up under Rajeev Gandhi Grameen Vidyutikaran Yojana (RGGVY) and Biju Gram Jyoti Yojana (BGJY). This is over and above the current peak power demand of the state pegged at 3500 Mw.

Sounding a strong warning, including severe shortage of coal for thermal power plants, the Coal Ministry has predicted serious implications for the southern States of Andhra Pradesh, Tamil Nadu and Karnataka and many northern and western States if important railway lines connecting coal fields in Jharkhand, Orissa and Chhattisgarh are not completed in the next three years.

In a note to the Ministry of Environment and Forests and the Railways, the Coal Ministry has stated that it would not be possible for the State-run Coal India Limited (CIL) to achieve either the targeted production of 615 million tonnes of coal by 2016-17 or any incremental coal production during the 12th Five Year Plan if the railway tracks in these three coal producing States are not put in place in the next three years.

Department of Public Enterprise has opposed a coal ministry proposal to provide performance related pay (PRP) from consolidated funds to executives of CIL arms that made losses in the relevant period.

It has said this is not in conformity with norms and would soon send a note to Cabinet in this regard. In the absence of sufficient profit before tax (PBT), loss making CPSEs are not allowed to distribute PRP, the DPE officials said adding there is no concept of providing PRP based on the consolidated account of holding company.

The state government has sought detail status of two coal blocks which were allotted jointly to Mahanadi Coalfields Ltd (MCL) and three other O P Jindal group firms seven years ago.

“Information regarding the present status of the coal blocks and end use projects of the co-allocatees of the coal block is not available in this department. Furnish coal block allocation letter and approved mining plan to this department at the earliest for reference and necessary action,” state steel and mines department told MCL, the subsidiary of Coal India Ltd (CIL).

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