GVK gets 'green nod' to import coal from SA for Punjab plant

Tags: Power
GVK Power (Goindwal Sahib) Ltd, a subsidiary of GVK Power and Infrastructure, has got permission from the environment ministry to import coal from South Africa as a 'stop gap' arrangement in case the company fails to get coal from its captive mines in Tosikud North Sub-Block in Jharkhand, according to official sources.

"As the Tosikud North Sub-Block mine development has been delayed due to reasons beyond control of the company, GVK proposed to use imported coal from South Africa (2.28 million tonnes per annum) as a stop gap arrangement to commission the plant operations. The EAC (Expert Appraisal Committee) has given permission to GVK to use imported coal for the plant for two years," sources said.

GVK is setting up a 2x270 MW Thermal Power Plant at Goindwal Sahib tehsil in Tarn Taran district of Punjab, and both the units have been synchronised to the grid.

A senior official of the power project developer said they have already received tapering coal linkage from Coal India to the tune of 1.5 lakh tonnes and half of it is expected soon.

"We have obtained permission from the government for the import of coal in case there is delay in production of our captive coal mine or Coal India fails to deliver (in future), then we will use the option to import coal. We are confident that our captive coal block will be operational by the end of this year and power production will also start," the GVK official told PTI.

The tapering coal linkage has been recommended by the Punjab government to the Ministries of Coal and Power, sources said.

"Tosikud mines are very much on schedule this year, we will certainly we get coal. We need some clearances from railways and other departments for sliding the coal from the mines to the plant. The coal from CIL will help us run the plant for a couple of months," the official added.

The Tokisud mines have 52 million tonnes of mineable reserves and are expected to cater to the requirements of 2.32 million tonnes per annum to Goindwal Sahib project.

It has also completed the construction of a bridge over Damodar river along with relief and rehabilitation colony with the commercial operations beginning, according to GVK annual report.

Last year, the Ministry of Coal issued show-cause notice to GVK for not meeting the deadlines with respect to development of the mine.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India’s festivals teach us to share our wealth and joy

    India is an aporia in its own true sense.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture