Prices in Eastern Coalfields blocks may go up by 12%; power generation costs set to increase

Seeks Competition Commission of India probe into ?abuse of dominance? by CIL, Western Coal Field

Coal India’s “dominant and monopolistic” position in relation to production and supply has been challenged at the Competition Commission of India (CCI). The Maharashtra State Power Generation Company (Maha-Genco) has complained to the country’s apex competition regulator, pressing for an investigation against the Kolkata-headquartered Maharatna for “abuse of dominant position”.

Coal India has introduced a one-time offer that allows power utilities to lift the fuel directly from mines.

The scheme is available for independent power producers drawing coal under fuel supply agreements (FSAs) as well. “A one-time offer is being made to all power utilities drawing coal under the FSA during 2012-13 to lift the coal, which is held in the stocks on ‘as is where is' basis with the stipulation that the power stations will make their own evacuation arrangement,” CIL has said in a notice. This is the first time Coal India has initiated such a move.

Coal India is preparing to ink pacts with about 40 power firms

Power firms entering into a pact with state-owned CIL for a minimum assured quantity of coal will face suspension of supply if found diverting the dry fuel for any purpose other than for the specified end-use plant.

Coal ministry feels selloff proceeds will go to the cash-rich coal giant and not in govt coffers.

The Maharashtra government has sought the Centre’s intervention to get adequate coal supply from Coal India subsidiaries and Singareni Collieries.

What state-run Maharashtra State Power Generation Company (Mahagenco) gets since November last year is 18 to 20 rakes a day — as against the daily domestic coal requirement of 24 rakes. The deficit from Western Coalfields is affecting the generation of the thermal generation plant with a capacity of 6,480 Mw. Mahagenco is losing daily generation of 1,000 Mw for want of coal.

The state government has ordered a probe into the delay in the lifting of allotted coal by the state power utility that has resulted in a power crisis.

A day after MahaGenco (Maharashtra State Power Generation Company) claimed that poor quality coal from the collieries, particularly from the Nagpur-based Western Coalfields Ltd (WCL), was reason fo

Nagpur: A mining disaster was narrowly averted on Tuesday at Western Coalfields Limited