E-auction of coal continues.even after the coal shortage

Power-Minister-Piyush-GoyalOn Sunday Power Minister Piyush Goyal said that he has inherited a crisis-ridden sector.

Goyal said to correct the situation, “We will ensure quick action after SC decision to get process rolling and enhance coal output to 1 billion ton by 2019”.

Mr. Goyal also said that the 20 percent increase in coal based power production in the last three months is an achievement.

Even in case of de-allocation of coal blocks the government will continue with the e-auction of coal to provide the fuel to the users.

According to Goyal, Coal shortage at power stations is due to stocks being consumed faster for higher electricity generation.

For the improving supply State-run Coal India will spend Rs 5,000 crore for purchasing 250 rail rakes.

On the same time, State-owned Coal India Ltd (CIL) is planning to take steps to clear fuel supply obstacles. It includes augmenting output to 615 MT by FY’17, against the backdrop of the power sector reeling under fuel shortages.

Medaram Jathara

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