Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India's coal problems are now history: Piyush Goyal.


Date: 13-07-2016
Subject: India's coal problems are now history: Piyush Goyal
BENGALURU: Coal problems are now history and the target is to further boost domestic production to cut down on the imports that will result in savings to the tune of Rs 40,000 crore this year, Union Power Minister Piyush Goyal said today.

"Coal problems are history in India. Last year, the reduction in imports of coal saved Rs 24,000 crore and this year the target is Rs 40,000 crore," he told reporters here.

The Minister was in the city for reviewing issues related to power, coal, renewable energy and mines sectors with Karnataka government.

From 2-3 days stock of coal available to power plants to 51 days stock, it was a reflection of the hard work and commitment of all mine employees, Goyal said.

He also said the country should look at doubling its mineral output in the next 3 to 4 years and become a net exporter of minerals.

Goyal said he had requested Karnataka government to come up with plans for rapid expansion of output of mines and creation of jobs in the state.

On Karnataka government signing central power scheme UDAY, even though it has accepted only the operational efficiencies and not its financial aspects, he said union government was willing to help the state in every possible way.

"The Central government has been requesting Karnataka government to sort out right of way issues so that transmission lines can be laid out smoothly," he added.

In the last 2 years, the capacity of the Southern grid has been increased by 71 per cent, he said.

Goyal said there were four ongoing power projects linking various states to bring surplus power from the central grid to Karnataka but these had been stalled for last several years due to demand of high compensation.

Karnataka government had now agreed to provide all assistance to complete these projects, Goyal said, adding, once operational these would help the state in getting additional power.

The centre has also approved a Renewable Energy Management Centre for Bengaluru to support large scale grid integration, Goyal added.

Source : economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-11-2021
Notification No.92/2021 - Customs (N.T.)
Exchange rates Notification No.92/2021-Cus (NT) dated 18.11.2021

Date: 03-11-2021
Notification No.90 /2021 - Customs (N.T.)
Exchange rates Notification No.90/2021-Cus (NT) dated 03.11.2021

Date: 03-11-2021
Notification No.52 /2021-Customs
Seeks to amend Notification No. 18/2019-Customs reducing Road and Infratructure Cess (RIC) on Petrol and Diesel.

Date: 29-10-2021
Notification No.88/2021 - Customs (N.T.)
Exchange rates Notification No.88/2021-Cus (NT) dated 29.10.2021

Date: 29-10-2021
Notification No. 87/2021-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 27-10-2021
Notification No. 85/2021-Customs (N.T.)
Courier Imports and Exports (Electronic Declaration and Processing ), Amendment, Regulations, 2021

Date: 27-10-2021
Notification No. 86/2021-Customs (N.T.)
Courier Imports and Exports (Clearance), Amendment, Regulations, 2021

Date: 27-10-2021
Notification No. 83/2021-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidised Articles and for Determination of Injury) Rules, 1995 to introduce Anti-Absorption provisions in these rules.

Date: 27-10-2021
Notification No. 84/2021-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 to introduce the Anti-Absorption provisions and make certain other miscellaneous changes.

Date: 22-10-2021
Notification No. 50/2021-Customs
Seeks to amend notification No. 96/2008- Customs dated 13.08.2008 to include Sierra Leone



Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001