Punjab to import coal worth Rs 800 crore

06 May 2022 CW Team

The Punjab State Power Corporation (PSPCL) to procure imported coal for its thermal plants. Punjab may have to import 6 lakh tonne of coal to meet the demand during the paddy season. It will cost the state more than Rs 15,000 per tonne.

The Union Power Ministry has advised Punjab and other state utilities to import coal as Coal India was unable to meet the growing demand.

The Power Ministry suggested to all state utilities to ensure that foreign sellers deliver of 50 per cent of the allocated stock by June 30 and another 40 per cent by August and the remaining 10 per cent by October. The advisory comes in the wake of states demanding more coal to run their thermal units in the face of growing demand.

The price of indigenous coal is around Rs 5,500 per tonne. Coal imported from Indonesia costs around $200 per tonne (Rs 15,000). Another Rs 3,300 per tonne transportation charges will be required to transport the coal from the seaport in Gujarat to Punjab.

The minimum cost difference between domestic and imported coal will be about Rs 13,500 per tonne. Punjab will have to bear an extra expenditure of about Rs 800 crore if it imports all 6 lakh tonne of coal.

As per reports, a couple of states have already floated tenders, the state to take a call soon on this.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..