Ministry launches Project Monitoring Unit
NLC India Limited of Coal Ministry has commenced production from Talabira II and III Mines in Odisha under a 2016 concession allowing output of 20 Million tonne per annum for its existing and future coal-fired power plants.
Commenting on the development NLC Chairman Cum Managing Director Rakesh Kumar said on 30 Apr 2020, “By achieving success on this project during the difficult time of COVID-19 lockdown situation, our team has not only helped the company on its growth path but also contributed for energy security of the country especially when avoiding import of coal is the top most priority.”
The Mine has a low stripping ratio of 1.09 and coal is of G 12 grade which will enable the company to generate competitive power in the time to come. The coal production was commenced on 26 April 2020.
NLC, energy major, has commissioned recently one of the two Units of lignite-based power plant (1000 MW – 2 Units of 500 MW each), the first of its kind in the country.
During 2019-2020, NLCIL has also achieved Renewable Energy Generation capacity of 1,404 MW comprising 1,353 MW of Solar and 51 MW of Wind Power.
Meanwhile, the Coal Ministry has launched a Project Monitoring Unit (PMU) for facilitation of early operationalisation of coal mines allocated by the Central Government.
This is an important step forward to promote Ease of Doing Business as it will hand-hold and support Coal mines allocatees in obtaining timely approval/permissions to operationalise the mines.
Coal Ministry Secretary Anil Kumar Jain told the allocatees, through a video conference, to freely utilise the services of the Consultant in sorting out their issues so that the coal production may begin at the earliest.
PMU has been launched for helping the allocatees of coal mines in obtaining various clearances required from the Central/State government authorities for operationalization of coal mines. This will lead to ramping up of coal production in the country.
The move is also expected to go a long way in attracting bidders for the ensuing auction round of commercial blocks. This measure will improve production and business environment in the coal industry.
KPMG, has been appointed as the Consultant, in Project Monitoring Unit (PMU) through a transparent bidding process. fiinews.com