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JUN 12 2018

India using lesser coal to generate power under Modi government

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 12th JUN 2018

 

India today burns 8 per cent less coal to generate the same quantity of power as it did 4 years ago leading to reduced power cost, thanks to improved efficiency in using the dirty fuel. Also, in the past 4 years, total production by state-run miner Coal India (CIL) has jumped by 105 million tonne (MT) while the same growth could be achieved in 7 years before 2013-14. These are some of the highlights of the Modi government’s 4 years’ achievements shared by the coal ministry today.

“Amount of coal required to generate per unit of electricity (specific coal consumption) has reduced by 8% in last 4 years. The drilling for exploration has almost doubled to 13.7 lakh meters in 2017-18 from 6.9 lakh meters in 2013-14. Coal offtake of CIL increased by 23 per cent to 580 MT in 2017-18 from 471 MT in 2013-14. For superior coal quality, third party sampling procedure has been implemented,” the ministry said.

It added that the government has provided for commercial coal mining as “most ambitious reform in coal mining after nationalisation in 1973. Will reduce import dependence of coal and bring energy security through assured coal supply.” The statement also noted 89 coal mines have been auctioned and allocated as part of a transparent process where 100 per cent of the revenues accrue to coal bearing states.

The ministry also said 55.6 MT of coal quantity movement has been rationalised leading to annual potential savings of Rs 3,359 crore. The government has also established timeline for setting up 14 critical projects for coal evacuation to increase transportation of the fuel, according to the statement.

Tags

TOTAL Coal Coal India Limited Energy Security Energy Coal Mines Import CIL Power coal mining Electricity India

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