Coal In­dia en­er­gises growth in Septem­ber

Resource Digest - - CONTENT -

Septem­ber 2017 has been an ex­cel­lent month for Coal In­dia Lim­ited (CIL) as the com­pany posted ro­bust growth in coal pro­duc­tion (10.1 per cent), off-take to power sec­tor (21 per cent), rake load­ing (19 per cent) and OB re­moval (24 per cent). This was de­spite pro­duc­tion and dis­patch ad­versely af­fected in the last week of Septem­ber due to fes­tive hol­i­days.

CIL recorded 10.1 per cent growth in coal pro­duc­tion in Septem­ber 2017. As a re­sult, cu­mu­la­tive growth of pro­duc­tion till Septem­ber 2017 be­came pos­i­tive which was neg­a­tive till Au­gust 2017. Coal pro­duc­tion growth in Septem­ber 2017 is the high­est in the last four years for the month. De­spite first two days of Oc­to­ber 2017 be­ing hol­i­days, there has been a growth of 8.9 per cent in coal pro­duc­tion, so far, which is likely to go up fur­ther dur­ing the month.

For the month of Septem­ber 2017, the growth in coal sup­ply to power plants is an im­pres­sive 21 per cent, one of the high­est in the his­tory of CIL. The sup­ply to power plants was 35.1 MTS against 29.1 MTS in Septem­ber’16. Rake load­ing per day dur­ing Septem­ber 2017 for the power util­i­ties of the coun­try grew by 19 per cent as CIL loaded 192.7 rakes per day in com­par­i­son to 162.1 rakes per day dur­ing Septem­ber 2016. The syn­ergy be­tween CIL and Rail­ways re­sulted in sub­stan­tial in­crease in rake load­ing per day by 30.6 rakes.

Though there was growth of about 21 per cent in the sup­ply of coal to power plants, it is noted that the growth in coal based power gen­er­a­tion is 6.6 per cent. One of the rea­sons could be the de­cline in coal im­ports. There is a con­tin­u­ous de­cline in im­port of coal in re­cent years. Dur­ing the month of Au­gust there was a de­cline of 24 per cent in im­ports re­sult­ing in huge sav­ings of forex. Coal im­port in Au­gust 2017 stood at 14.97 MTS (pro­vi­sional), against 19.75 MTS in Au­gust 2016. Im­port of coal fell 6.4 per cent to 191.95 MTS in 2016- 17 af­ter higher pro­duc­tion by Coal In­dia which saw the coun­try move to a po­si­tion of sur­plus and su­pe­rior coal.

1 tonne of im­ported non cok­ing coal is equiv­a­lent to 1.3 tonnes of in­dige­nous non cok­ing coal be­cause of more ash in In­dian coal. In­dian coal is of drift ori­gin and there­fore in­her­ently high in ash con­tent.

A num­ber of ini­tia­tives have been taken in Septem­ber 2017 by CIL to en­sure in­creased sup­ply of coal to the power sec­tor:

i. The coal stock (36.3 MT on 1.9.2017 has come down to 31.3 MT 30.9.17) at mines of CIL has been of­fered to power plants sit­u­ated within a ra­dius of 50-60 KM, with a free­dom to lift as much coal as they can by their own ar­range­ment. Many of the power plants like DVC, MAHAGENCO, NTPC, ROSA, LANCO etc. have started tak­ing coal from such stocks.

ii. One of the sub­sidiaries of CIL. NCL is load­ing about 27 rakes per day. Rail­ways have been re­quested to di­vert about 21 rakes to the up coun­try power plants, as the power plants lo­cated in the vicin­ity of NCL have al­ready suf­fi­cient coal stock at their end and are get­ting reg­u­lar sup­plies by MGR.

iii. CIL has set up round-the-clock Mon­i­tor­ing and Con­trol Cell at its Cor­po­rate Of­fice as well as in all its sub­sidiaries to mon­i­tor coal sup­ply 24 x 7 to power sec­tor. This cell has a toll free helpline num­ber for early re­dress of griev­ances of con­sumers. At the meet­ing of the Sec­re­tary, Coal and Sec­re­tary, Power on 3.10.2017, it was de­cided that CIL would dis­patch 215 rakes ev­ery day to the power plants of the coun­try. CIL has been con­sis­tently sup­ply­ing more than 215 rakes to the power sec­tor since 5th Oc­to­ber.

Un­der the stew­ard­ship of Piyush Goyal, Min­is­ter of Coal, many land­mark re­forms were car­ried out in the coal sec­tor i.e. Flexi util­i­sa­tion of do­mes­tic coal scheme, link­age ra­tio­nal­i­sa­tion etc, as a re­sult it has be­come eas­ier for the power plants to move coal from one plant to the other. If one con­sid­ers the over­all sce­nario, FY18 is re­ally good for the Na­tion be­cause power gen­er­a­tion is in­creas­ing con­tin­u­ously, do­mes­tic coal pro­duc­tion and sup­ply is in­creas­ing and im­ports are de­clin­ing. CIL team is fully geared up and has taken up the chal­lenge of meet­ing the coal re­quire­ment.


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