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INDIAN GOVT TO UNBLOCK 20 BLN TONNES COAL FOR POWER SECTOR.
NEW DELHI, March 1 Asia Pulse - With a view to meeting the growing needs of the ever-expanding thermal power sector, the government on Tuesday said it would open up to 20 billion tonne-capacity coal reserves for thermal power projects after 2012, till when it has reserved the blocks for Coal India Limited.
Presenting the Budget for 2006-07, Finance Minister P Chidambaram said 45 such blocks have already been allocated for captive consumption to the power, cement and steel sectors, besides state governments.
He said while a comprehensive review of the Coal Policy was under way, the definition of captive consumption will also be amended to ...
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Source: HighBeam Research, INDIAN GOVT TO UNBLOCK 20 BLN TONNES COAL FOR POWER SECTOR.