Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Tamil Nadu’s tryst with imported coal ends on happy note.

Date: 10-12-2016
Subject: Tamil Nadu’s tryst with imported coal ends on happy note
Tamil Nadu Generation and Distribution Corporation (Tangedco), a subsidiary of Tamil Nadu Electricity Board (TNEB) has signed an MoU with Singareni Coal Mines to procure high grade coal for its thermal units. The first set of consignment reached Mettur Thermal Station recently. The MoU marks the beginning of the import substitution of coal and in another three months, Tangedco plans to put a stop to the total import of coal.

The development also brings down the curtain on the coal import saga in the state in which there were allegations against the late AIADMK chief J Jayalalithaa during her first regime (between 1991-96). She was eventually acquitted in the case by the Supreme Court. Import substitution will also help Tangedco save not less than `400 to `500 crore and with this, the company may even break even or show a minimum profit at the end of this financial year.

"We signed an MoU with Singareni Coal Mines for the supply of high grade coal to the extent of 1 million tonne. The first consignment from Singareni reached Mettur Thermal Plant directly by rail. This quantum of supply from Singareni will continue for the current financial year. For the next fiscal year, we will require a coal supply between 3 or 5 million tonnes, depending upon the demand," a senior Tangedco official told TOI.

TNEB and its holding company, Tangedco started importing coal on a regular basis from 2004-05. "Tangedco requires about 26 million tonnes of coal for full capacity generation of power by the North Chennai, Mettur, Ennore and Tuticorin thermal units. Out of the total requirement, about 20.445 million tonnes is met by indigenous coal and the balance 5.50 million tonnes is being imported," said a Tangedco coal wing official.

The imports started at 1 million tonne but as the demand for power increased and more thermal units were commissioned, the amount of coal imports also escalated. "We started importing coal after the Centre in its order on March 29, 2004 advised states to go for import to feed its thermal units due to a shortage of indigenous coal," said the official.

But on September 28, 2016, Coal India Limited requested Tamil Nadu government to advise Tangedco to stop importing coal and substitute it with indigenous coal available from CIL. "Following this the Union ministry of coal convened a meeting in New Delhi on September 30, where CIL in principle agreed to provide additional 5 million tonnes to Tangedco whenever it needs the entire quantity," the official added.

Tangedco was importing coal mostly from Indonesia and occasionally from China, Russia and South Africa. "The imported coal is downloaded either at Ennore Port or at Tuticorin Port and all thermal units, except the Ennore Thermal Plant, uses imported coal. The imported coal is of high calorific value and it reduces damage or frequent tripping of our units both with low and high capacity," the official said.

But, coal from Singareni has an equally high quality as the imported coal and is available at a lower price too. "At present we are paying $60 per tonne but from February next year, the price will be $90 per tonne. In this case, it is advantageous for us to use indigenous coal," he added.

Source: timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 27-11-2020
Notification No. 109/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 27-11-2020
Circular No. 52/2020-Customs
Exports of Gems and Jewellery through Courier mode - reg.

Date: 27-11-2020
Notification No. 40/2020-Customs (ADD)
Seeks to impose Anti-Dumping duty on Fluoroelastomers (FKM) originating in or exported from China PR for a period of 5 years, in pursuance of sunset review final findings issued by DGTR

Date: 26-11-2020
Notification No. 43/2020-Customs
Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe BCD rate of 27.5% on Crude Palm Oil

Date: 26-11-2020
Notification No. 39/2020-Customs (ADD)
Seeks to amend notification No. 51/2015-Customs (ADD), dated 21st October, 2015 to extend the levy of ADD on imports of "Fully Drawn or Fully Oriented Yarn/Spin Drawn Yarn/Flat Yarn of Polyester " originating in or exported from China PR & Thailand , for a further period upto and inclusive of 31st December, 2020

Date: 26-11-2020
Public Notice No. 30/2015-20
Revision of SION A1827 of Export Products - Ossein

Date: 23-11-2020
A.P. (DIR Series) Circular No. 07
Establishment of Branch Office (BO) / Liaison Office (LO) / Project Office (PO) or any other place of business in India by foreign law firms

Date: 20-11-2020
Circular No.51/2020-Customs
Clarifications regarding availment of exemption on temporary import of durable Containers - reg.

Date: 19-11-2020
Notification No. 60/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 19-11-2020
Notification No. 61/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Exim Guru Copyright © 1999-2020 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.


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