58 coal blocks to operationalise with 138.28 mt production
COAL & MINING

58 coal blocks to operationalise with 138.28 mt production

The Ministry of Coal expects the operationalisation of 58 coal blocks in 2022-23 and has set a target of 138.28 million tonnes (mt) of coal production.

The Ministry has allocated coal blocks for captive end-use and sale of coal for commercial mining. About 85.32 mt of coal had been produced in FY21-22 from 47 operational coal blocks against the scheduled production of 203.67 mt for FY22-23. Overall, 58 coal blocks would become operational with an expected production capacity of around 138.28 mt.

The Ministry said that show-cause notices are issued from time to time to companies which are not adhering to the deadlines as per the agreements for operationalisation of coal blocks or non-achievement of targeted coal production.

A Scrutiny Committee has been constituted by the Ministry to consider the show-cause received from allottees on a case-to-case basis and recommend penalties for delays attributable to the allottees.

The Scrutiny Committee reviewed 24 cases and recommended a proportionate appropriation of performance security in four cases, including Tenughat Vidyut Nigam Limited, Topworth Urja & Metals Limited, Ultratech Cements Limited, and National Thermal Power Corporation Limited (NTPC), due to delays.

According to a statement, the government has accepted the recommendations of the Scrutiny Committee and issued appropriation orders.

After the Scrutiny Committee meeting, show-cause notices were been issued to 16 companies for 22 coal blocks.

Image Source

Also read: 42 coal blocks auctioned till date for commercial use: Centre

The Ministry of Coal expects the operationalisation of 58 coal blocks in 2022-23 and has set a target of 138.28 million tonnes (mt) of coal production. The Ministry has allocated coal blocks for captive end-use and sale of coal for commercial mining. About 85.32 mt of coal had been produced in FY21-22 from 47 operational coal blocks against the scheduled production of 203.67 mt for FY22-23. Overall, 58 coal blocks would become operational with an expected production capacity of around 138.28 mt. The Ministry said that show-cause notices are issued from time to time to companies which are not adhering to the deadlines as per the agreements for operationalisation of coal blocks or non-achievement of targeted coal production. A Scrutiny Committee has been constituted by the Ministry to consider the show-cause received from allottees on a case-to-case basis and recommend penalties for delays attributable to the allottees. The Scrutiny Committee reviewed 24 cases and recommended a proportionate appropriation of performance security in four cases, including Tenughat Vidyut Nigam Limited, Topworth Urja & Metals Limited, Ultratech Cements Limited, and National Thermal Power Corporation Limited (NTPC), due to delays. According to a statement, the government has accepted the recommendations of the Scrutiny Committee and issued appropriation orders. After the Scrutiny Committee meeting, show-cause notices were been issued to 16 companies for 22 coal blocks. Image Source Also read: 42 coal blocks auctioned till date for commercial use: Centre

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?