The Minister of State for Coal, Shri Santosh Bagrodia has ruled out any shortage of coal for power plants in the country. He alleged that the coal plants are failed to maintain 20 days’ stock as per norm.

He added that Plant Load Factor (PLF), Coal India Ltd (CIL) has achieved 106% of dispatch target between April-July 2008.

The shortage of coal is only due to infrastructure or law and order problems or sabotage in some parts of country. The coal supply is smooth for all other purposes other than power plants.

Godawari Power and Ispat Ltd has signed a memorandum of understanding (MoU) with the government of Chattisgarh to set up manufacturing facilities in the state with a total investment of Rs 15.70 billion (1,570 crore).

The project will be implemented through a special purpose vehicle (SPV) called “Krishna Global Minerals Ltd”, which will be a subsidiary of Godawari Power and Ispat Ltd.

Under the project, the company will set up facilities to manufacture sponge and pig iron plants, steel billets, ferroy alloys and calcination plant etc.

Gujarat NRE Coke, the l

Godawari Power and Ispat, an integr

Adani Power Limited (APL) has signed a power purchase agreement (PPA) with the Haryana Government for supply of 1424 MW of Power for 25 years.

The bid was awarded to APL based on a competitive tariff bidding process which had taken place a few months ago.

The power will be supplied from the company's under-construction power generation facility in Mundra, Kutch, at the rate of Rs 2.94 per unit.