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Coastal power projects may import 30% of their coal needs.


Date: 19-01-2009
Subject: Coastal power projects may import 30% of their coal needs
ET reported that coastal power projects under construction may have to mandatorly import 30% of their coal requirements if the developments at a standing linkage committee meeting hold sway. Non coastal projects, meanwhile, may be required to source 10% of their requirements from either overseas or sources other than Coal India.

At a meeting, which was held recently, it was suggested that any power project coming up within 150 kilometer of a port may be termed as a coastal power plant for the purpose of earmarking definite import content in their fuel mix.

According to a shipping ministry representative, it was mentioned that the port sector is capable of handling 60 million tonne of coal a year at major ports and this quantity can be enhanced by 2 million tonne a year in the next few years.


Source : Economic Times

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