The South Eastern Coalfields ltd (SECl) will get Financial Appraisal done for the project report prepared for West Jhiria Open Cast Project in Koriya district with excavation capacity of 1.5 million tonnes of coal per year, officials informed on Saturday.
Notably, the Union Ministry of Coal has assured Coal India ltd (CIl) for getting Mand-Raigarh railway line project expedited to facilitate growth in offtake of coal from mines under SECl in Chhattisgarh.
The coal requirement for the proposed Super Thermal Plant of NTPC ltd at lara would be met from Talaipalli Coal Block of Mand in Raigarh Coalfields, officials stated.
The lara plant of NTPC would be utilising super critical technology for power generation.
The power to be generated by upcoming project will be supplied to Chhattisgarh , Goa and Maharashtra states, officials stated. The project is most likely to go on stream by March 2017 .
The Coal India ltd has recorded offtake of coal from its largest subsidiary SECl at 124.34 million tonnes between April 2015 to February 2016.
This was against the target of 123.89 million tonnes (MT) - a growth of 11.1 per cent.
Notably, SECl is targetting total coal production of 250 million tonnes (MT) from its underground and open cast mines by 2019-20, officials stated.
SECl recorded coal production (provisional) of 12.10 million tonnes (MT) against target of 11.70 MT as on February 2016, Coal India ltd (CIl) informed the Bombay Stock Exchange in its filing.
The total value of mineral production (excluding atomic & minor minerals) in the country during December 2015 was Rs 20096 crore. The contribution of Coal was the highest at Rs 9132 crore (43%), the Central government has informed.
Next in the order of importance were: Petroleum (crude) Rs 5598 crore, Natural gas (utilized) Rs 2187 crore, Iron ore Rs 1604 crore, limestone Rs 479 crore and lignite Rs 356 crore. These six minerals together contributed about 96% of the total value of mineral production in December 2015.
SECl would go for extended use of multi-utility vehicles for transport of materials by phasing out existing labour oriented haulages during the next five years from its underground mines.
Notably, the Coal India ltd is targetting production of 1 billion tonnes of coal by 2020. Wagon availability will be a key factor for achieving this target by Coal India ltd, officials stated.
By signing of the MoU, the Railways and Coal India ltd will be entering into a strategic partnership which would ensure adequate wagon availability for meeting the transportation needs of coal produced by Coal India ltd.
Notably, the Central government has also signed a Memorandum of Understanding each with the states of Odisha, Jharkhand and Chhattisgarh for critical coal connectivity projects to improve transportation of coal, officials informed.
NTPC Sipat and Korba stations in Chhattisgarh have informed SECl earlier that they have stopped taking imported coal with the use of higher grade coal sourced from SECl's Koriya-Rewa mining belt, officials stated.
The specific consumption of coal by the two thermal power stations has been reduced by 2% to 3% by substituting imported coal with Koriya-Rewa coal, they stated.