Coal linkages are being rationalized : Sriprakash Jaiswal

INVC,,

Delhi,,

Coal Ministry has proposed to finance the purchase railway of racks to speed up dispatches of coal to various sectors. Dispatches of coal to power sector in April 2011 as grown 12.8 percent over the corresponding period of the last year. To augment it further CIL required 30 more racks. Coal India can provide required financial support to railway for purchasing racks exclusive for coal dispatches. This was informed by Union Minister of Coal, Shri Sriprakash Jaiswal, during his interaction with media persons here today.

Highlighting the efforts being made to augment coal availability in the country, the Minister said coal linkages are being rationalized. The policy guidelines on disposal of surplus coal, by products from captive blocks is also under preparation. Shri Jaiswal said in order to promote Underground Coal Gasification (UCG) which is a Clean Coal Technology. Ministry of Coal has issued a set of guidelines for conducting UCG operations. Beside this, the policy on allocation of small and isolated coal and lignite pockets has been finalized and placed on the website of the Ministry of Coal for calling comments from the stakeholders and general public. He expressed the hope that as a result of these initiatives, coal production target this year will be met.