Coal Ministry panel recommend extending Nalco’s coal linkage
COAL & MINING

Coal Ministry panel recommend extending Nalco’s coal linkage

To guarantee sustainable output from its aluminium smelter, a Coal Ministry panel advised extending the bridge linkage for supply of coal by one year for the state-run National Aluminium Corporation (Nalco).

Due to delays in starting production at these blocks, the business requested an extension for the bridge linkage for the Utkal D and Utkal E coal mines of two years, or until March 2025.

The Standing Linkage Committee (long-term) for the Electricity Sector of the Coal Ministry (SLC (LT)) met in February 2023 to discuss several topics pertaining to the supply of coal, including Nalco's submission.

According to the committee, "SLC (LT) suggested for extending bridge connectivity to Unit 9 and l0 of captive power plants (CPPs) of Nalco for a term of one year on tapering basis, keeping in mind the talks conducted and suggestion of the Ministry of Mines."

Coal India (CIL) and Singareni Collieries Company would settle on the prices for coal supplies in exchange for prolonged bridge connectivity, it was said.

To guarantee sustainable output from its aluminium smelter, a Coal Ministry panel advised extending the bridge linkage for supply of coal by one year for the state-run National Aluminium Corporation (Nalco). Due to delays in starting production at these blocks, the business requested an extension for the bridge linkage for the Utkal D and Utkal E coal mines of two years, or until March 2025. The Standing Linkage Committee (long-term) for the Electricity Sector of the Coal Ministry (SLC (LT)) met in February 2023 to discuss several topics pertaining to the supply of coal, including Nalco's submission. According to the committee, SLC (LT) suggested for extending bridge connectivity to Unit 9 and l0 of captive power plants (CPPs) of Nalco for a term of one year on tapering basis, keeping in mind the talks conducted and suggestion of the Ministry of Mines. Coal India (CIL) and Singareni Collieries Company would settle on the prices for coal supplies in exchange for prolonged bridge connectivity, it was said.

Next Story
Technology

Poonawalla Fincorp deploys five new AI solutions in digital drive

Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted non-banking financial company (NBFC) focused on consumer and MSME lending, has announced the launch of five new AI-powered solutions as part of its enterprise-wide digital transformation strategy. The new systems—Early Warning System (EWS), Travel Bot, RegIntel, Employee Relations (ER) Governance Tool, and AI-based Suspicious Transaction Reporting (STR)—aim to embed artificial intelligence across PFL’s core operations. This initiative goes beyond automation to create intelligent, scalable, and compliance-ready systems t..

Next Story
Technology

HGS launches AI-driven Interaction Intelligence solution

Hinduja Global Solutions (HGS), listed on the BSE and NSE, has announced the launch of Interaction Intelligence—an enterprise-grade artificial intelligence (AI) solution built on the HGS Agent X framework. The platform redefines quality assurance (QA) by transforming it from a routine customer service task into a strategic capability that delivers actionable insights and deeper understanding of customer sentiment. In an era of growing customer expectations for seamless, personalised, and proactive engagement, the Interaction Intelligence solution enables enterprises to analyse nearly 100 pe..

Next Story
Real Estate

Godrej Properties secures RERA nod for Worli luxury project

Godrej Properties Ltd (GPL), one of India’s leading real estate developers, has received project registration from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential project, Godrej Trilogy, in Worli, Mumbai. The development forms part of a joint redevelopment of a prime land parcel in one of Mumbai’s most sought-after neighbourhoods. Spread across approximately 2.63 acres, the project will include three luxury towers. The total gross revenue potential of the development is estimated to exceed Rs 100 billion. Strategically located just off Dr Annie B..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?