The government is considering allowing power and steel companies to swap their coal linkages among group entities, subsidiaries and special purpose vehicles, in a bid to optimise fuel availability and cut down the restrictive transportation charges.
At present, coal linkages given to companies (mainly in power, steel and cement sectors) are exclusive to a particular project. These linkages are non-transferable even between group companies. “We are examining a proposal on swap/transfer of allocated domestic coal linkages to reduce transportation cost and put domestic coal to best possible use,” said a coal ministry official.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/coal-linkage-swap-cards-power-companies-be-major-beneficiaries
[2] http://admin.indiaenvironmentportal.org.in/category/author/subhash-narayan
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry-0
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cement-industry
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/western-coalfields
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/south-eastern-coalfields
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining