After emphasizing 20% increase in coal based power production in the last three months as an achievement, Power Minister Piyush Goyal, who has inherited crisis-ridden sector, is now planning to uplift the sector from doldrums by ensuring quick action after SC decision to get process rolling and enhancing coal output to 1 billion tonne by 2019.The Minister, further, highlighted that the government would continue to e-auction of coal to provide the fuel to the users even in case of de-allocation of coal blocks. He also unveiled that the Power Ministry plans to rework the financial restructuring package for debt ridden State Electricity Boards (SEBs).
Goyal elucidated that Coal shortage at power stations was due to stocks being consumed faster for higher electricity generation and threw some light on state run coal company’s capacity enhancement plans.
He underscored that Coal India was planning to take steps to clear fuel supply bottlenecks, including augmenting output to 615 MT by FY'17, against the backdrop of the power sector reeling under fuel shortages.
