Government making all efforts to enhance coal production: Jaiswal

New Delhi, Jan 16 (ANI): Union Coal Minister Sriprakash Jaiswal on Wednesday said the Central Government is making all efforts to enhance coal production.

Speaking during the inaugural session of the 7th International Exhibition and Conference on Power Sector being jointly organised by the Ministry of Power and FICCI here, Jaiswal said: "In order to fast track development of coal blocks in the country, the Government has proposed to develop some of the CIL coal blocks through mine developer and operator (MDO). Modalities are being worked out in this regard."

He said that efforts are being made to enhance exploration for enlarging resource base for coal. As against an actual growth of 3.8 percent achieved in the XI Plan, CIL has been asked to target a growth of 7 percent during the XII Plan to ensure more availability of coal through domestic resources.

He further informed that to achieve the projected growth in production a number of new projects are planned to be taken up in PSU coal companies and a number of coal blocks have been allocated to various private and government companies and few more are in the pipeline for allocation.

'Besides, supplies would also need to be made good through imports," he added.

Asserting that the technology development is critical in enhancing production, Jaiswal said: " With a view to ensure improvement in production, productivity and safety CIL has been asked to look into modernization and technology development in the XII Plan."

"Coal evacuation facilities are important in ensuring movement of coal from production centers to consuming centers. Action has been initiated in case of a number of identified critical rails links in potential coalfields with the help of railways but the same needs fast tracking for realizing the projected production from these fields at the earliest. Cooperation of concerned State Governments in facilitating land acquisition and expediting EC and FC to these projects is equally important," he added.

With a view to adopt international best practice of trading thermal coals and for ensuring consistency in quality of coal supplies, Jaiswal said that the Government has introduced GCV based grading and pricing of thermal coals in place of the earlier system of UHV.

"Emphasis is laid on strengthening the infrastructure for crushing, sizing and processing of coal besides strengthening sampling infrastructure in coalfields," he added.

Asserting that the price of coal in India is far below the international coal prices and the same needs to be rationalized for avoiding wastage and in efficient use of the same, Jaiswal said: " A proposal to import coal with pooling of prices is suggested to bind over the current shortage situation. However, this needs to be studied in depth for a considered view as a number of state governments have expressed their reservation on the proposal."

"Environmental footprint of coal mining needs to be reduced by adopting international best practices. Proper reclamation of mined out land and creating economic value to the same with a view to hand over the same back to the society is critical for sustaining the coal mining activities in times to come. Similarly, coal usage also needs to be made more environmental friendly through adopting clean coal technologies and improving efficiency levels," he added. (ANI)

Matches

MORE TOP STORIES TODAY

Jadeja spins out Rajasthan in close chase

Jadeja spins out Rajasthan in close chase

IPL 7, GAME 10—Chennai beat Rajasthan by 7 runs after last-over scare. More »

Cleaning up the game starts with fans

Cleaning up the game starts with fans

... because, as recent events reveal, the BCCI has little intention of doing it. More »

Hope to be fit for next game - Kevin Pietersen

Hope to be fit for next game - Kevin Pietersen

With two heavy defeats at the hands of Bangalore and Chennai, Daredevils currently languish near the bottom of the table. More »

Chandimal axed as T20 captain, Malinga takes over

Chandimal axed as T20 captain, Malinga takes over

Sri Lanka's cricket selectors on Wednesday sacked Dinesh Chandimal as Twenty20 captain and replaced him with Lasith Malinga, while Angelo Mathews was… More »

'A blow to BCCI, could hurt autonomous status'

'A blow to BCCI, could hurt autonomous status'

The Supreme Court prefers that the Justice Mudgal panel further investigate the IPL corruption scandal. More »

Have the ECB played an unfair game?

Have the ECB played an unfair game?

Money talks, but it is in light of this ICC shakeup that the ECB's act of soliciting of another team's coach deteriorates from free-market aggression to… More »

Perfect Punjab trounce Hyderabad

Perfect Punjab trounce Hyderabad

IPL7, GAME 9—Maxwell (95, 43b), Balaji (4-13) set up 72-run win. More »

Mudgal panel drops bombshell in court

Mudgal panel drops bombshell in court

The Mukul Mudgal probe committee dropped a bombshell in the Supreme Court on Tuesday by making a sensational claim that it was forced to stop audio recording… More »

Farbrace quits for England post

Farbrace quits for England post

He will assist Peter Moores who was unveiled as the new England coach on Saturday. More »

Moin appointed to manage Pakistan team

Moin appointed to manage Pakistan team

Pakistan on Monday reappointed Moin Khan as chief selector and manager of the national team, a week after fellow former captain Rashid Latif turned down… More »

Chennai smash Delhi for first win

Chennai smash Delhi for first win

IPL7, MATCH 8—Raina-led middle order, superlative catching give CSK a 93-run win. More »

SC asks Mudgal committee to continue

SC asks Mudgal committee to continue

Mukul Mudgal has communicated to the court his willingness to take up the investigation and has been asked to specify the terms and modalities on April… More »

'BCCI reputation lowest in 80 years'

'BCCI reputation lowest in 80 years'

The former BCCI president says he was "disillusioned" by the happenings at the emergent working committee meeting on Sunday. More »

Injured Bravo to miss rest of IPL

Injured Bravo to miss rest of IPL

Dwayne Bravo is set to be sidelined for at least four weeks due to a shoulder problem. Bravo sustained the injury when attempting a catch on the boundary… More »

NZC contemplates domestic revamp

NZC contemplates domestic revamp

New Zealand Cricket has put forward a proposal to reinvent its domestic structure and allow up to 49% private investment into the six major associatio… More »

Punjab pull off another big chase

Punjab pull off another big chase

GAME 7, SHARJAH—Maxwell, Miller, Pujara chase down Rajasthan's 192. More »

T20 test for Cheteshwar Pujara

T20 test for Cheteshwar Pujara

The class act from Saurashtra may have to rethink his approach to the mannerless format. More »

Special meeting to replace Srinivasan

Special meeting to replace Srinivasan

The BCCI is likely to convene a special general body meeting (SGM) in May to replace N Srinivasan on the board's disciplinary committee. More »

Roach escapes injury after car crash

Roach escapes injury after car crash

The West Indies fast bowler lost control of his BMW sedan due to slippery road conditions in his native Barbados on Saturday. More »

Shastri in proposed IPL probe panel

Shastri in proposed IPL probe panel

Some members stressed on the need for proposing names with an "impeccable record and clean image". More »

Day of Supreme reckoning

Day of Supreme reckoning

Apex court to decide on BCCI’s proposed new committee today. More »

Panel can help clean mess: Raghavan

Panel can help clean mess: Raghavan

The former CBI Director is one of the three candidates proposed by the BCCI to head the enquiry into the IPL betting and spot-fixing scandal. More »

Repose faith in Indian coaches

Repose faith in Indian coaches

All of them cost plenty of dollars which I feel is unnecessary for a two- month tournament, says former cricketer Yajurvindra Singh. More »

Cook relieved after period in limbo

Cook relieved after period in limbo

The England captain is looking forward to a fresh start after a dispiriting Ashes defeat last year. More »