Soaring Coal Stock At Power Plants Hits CCL Production PSU NEWS

Soaring Coal Stock At Power Plants Hits CCL Production

 

New Delhi: Coal stock at the power plants, has increased to a record level, in last two quarters of 2019-20. It has increased to 35-40 Days fuel stock at power plant end, probably, the highest ever.  At present, almost all power plants linked to CCL are directly or indirectly refusing to accept more coal supply. The hurdles faced by the company have reached to an unprecedented level, so much so that the power consumers have stopped making payments to CCL. However, even then CCL is pushing the coal supply to the consumer’s end so as to meet its annual commitment of dispatch, production and profit. 

Most of the power consumers have started regulating coal supplies by filing lesser rail movement programs or by not filing rail movement programs altogether. The coal stock at CCL, which came down to lowest level of 3.1 million tones in Oct’ 19 has again risen to more than 10 million tones as on date. In order to ease the stock at its end, CCL is making all out effort to maximize the dispatch, No. of railway rakes dispatched by CCL on day to day basis are one of the highest in the history.
 
CCL has been making all-out effort to liquidatethecoal stock, in-order to increase its coal production.All arrears/allotments to the Non-Regulated Sector Consumers/Non power consumers, who consume about 20% of company’s dispatch, till Jan’20 have been liquidated. To tide over the present situation of poor demand, CCL went for series of auctions during recent months but the response from the consumers was very tepid because of saturation in the market.
 
These testing circumstances cited above are adversely affecting both production & off-take/dispatch from CCL resulting in a state where the company is finding it difficult to reach even the annual commitment of dispatch and in turn coal production.
 


Posted Date :  23-03-20

Categories : PSU NEWS

Similar news

NTPC Extends KAWACH Scheme

New Delhi: NTPC extends “KAWACH” Scheme for NTPC Family members. and will cover Covid-19 treatment. NTPC has tied up with Apollo Group (Apollo Home health Care), to provide necessary medical support called “KAWACH” for NTPCemployees, their dependent family members and retired employees (P
Posted Date :  11-07-20

Read more

CEL energized 1 MW solar power plant in a border village of Shimla

Shimla: Central Electronics Limited has achieved a milestone by energizing 1MW (AC) Solar Power Plant at remote Wadhal village in Shimla District of Himachal Pradesh. CEL has received an order for design, engineering, supply, installation, commissioning and O&M for 5 years for 1MW (AC) Solar
Posted Date :  11-07-20

Read more

The fully mechanised iron ore loading system

New Delhi: The fully mechanised iron ore loading system at the Bailadila iron ore mines, Bacheli Complex has high-speed loading systems that ensure the entire rake is loaded in 30-40 minutes for sustained and consistent supply to our customers.
Posted Date :  10-07-20

Read more

The April May 2020 Issue of shelter published by HUDCO HSMI

New Delhi: The April – May 2020 Issue of Shelter published by HUDCO’s HSMI was released by Shri M Nagaraj, CMD HUDCO on 10th July, 2020 during Business Review Meeting on the occasion of the Golden Jubilee Year of HUDCO, in the presence of Shri D Guhan, DF, Shri S K Gupta ED(T), Shri Shailesh
Posted Date :  10-07-20

Read more

NRL encourage hygiene and safe garbage disposal

New Delhi: The power of communities to create health is sometimes greater than hospitals and clinics! As part of the Swachhata Pakhwada campaign, dustbins were installed in community spaces by NRL to encourage hygiene and safe garbage disposal. As part of the SwachhatamPakhwada campaign, Cle
Posted Date :  10-07-20

Read more

Shri A.K. Singh CMD Inaugurated Experience Centre at NHPC Office

New Delhi: Sh A.K. Singh, CMD inaugurated ‘Experience Centre’ at NHPC Corporate Office on 10.07.20. Sh Ratish Kumar, Director (Projects), Shri M.K. Mittal, Director (Finance) & Shri Y.K. Chaubey, Director (Technical) were also present alongwith other senior NHPC officers & employees.
Posted Date :  10-07-20

Read more

GAIL Believe That Swachhta Hi Sewa Hai

Kolkata: At GAIL, we believe that "Swachhta Hi Sewa Hai". Commited to GOI's vision of a cleaner India, GAILians across India have taken the Swachhta Pledge. Glimpses from our Kolkata and Karaikal offices. Our healthy life style goes hand in hand with cleanliness and hygiene. Sanitisation
Posted Date :  10-07-20

Read more

ONGC distributed over 193000 masks during Swachhta Pakhwada 2020

New Delhi: 34 locations of Energy Maharatna ONGC distributed over 193,000 masks, around 30,000 hand sanitizers, over 12,000 soaps & liquid handwash packets and 9,000 gloves benefitting 2 lakh plus general public across India during first week of Swachhta pakhwada 2020, for a Swachh bharat
Posted Date :  09-07-20

Read more

Rupees 89.7 Lakh Sanctioned For Students Hostel At Tiklipara

Sambalpur: With an objective of enhancing infrastructure amenities in rural schools, MCL will be constructing a hostel at Basundhara High School, Tiklipara for 50 students studying from SC-ST dominated areas of Sundergarh district.  This school is located at rehabilitation settlement in Tikl
Posted Date :  09-07-20

Read more

The Indian Global Week 2020 organised by Indian Inc Corp

New Delhi: The pandemic has brought about many important changes. One among them has been the interest in improving the body’s natural defence mechanism. While addressing the Indian Global Week 2020 organised by Indian Inc Corp., Shri Narendra Modi, Prime Minister has reiterated the fact that
Posted Date :  09-07-20

Read more

NMDC launched an incubation program

New Delhi: NMDC has launched an incubation program, the NMDC Innovation & Incubation Centre(NICE) in collaboration with iTIC Foundation, IIT Hyderabad for supporting startups. Applications are invited for Grant to Start-ups under the NMDC Incubation Program(NICE).
Posted Date :  09-07-20

Read more

NCL Observe Van Mahotsav

Singrauli: NCL to observe Van Mahotsav in third week of July, with massive plantation, sapling distribution and other planned activities. Northern Coalfields Limited (NCL), a Mini Ratna Company of the Government of India, will observe the Van Mahotsav in the third week of July.As a Commitmen
Posted Date :  09-07-20

Read more

EIL Ovserved Swachhta Pakhwada 2020

New Delhi: EIL, as part of Swachhta Pakhwada 2020, conducted a distribution drive for distribution of ‘hygiene kits’ consisting of face masks, sanitizers and paper soaps) to the general public mainly consisting of street vendors and daily workers at Bhikaji Cama, New Delhi. Sh. AK Kalra,
Posted Date :  09-07-20

Read more