Connect with us

Top News

CIL offers domestic coal to power sector to curtail imports

Published

on

Kolkata, Oct 22 (IANS) Coal India Ltd (CIL), which is taking up “a series of steps” to increase the availability of domestic coal to power sector, has offered five million tonnes of coal to state-run NTPC on a credit basis and agreed to supply 7.94 lakh tonnes of domestic coal per month to power utilities on condition of import cut, an official said on Monday.

The miner, by prioritising coal supplies to the power stations of eastern states, ensured generation to meet the increased power demand during the just concluded Durga Puja festivals, the official said.

“Despite the puja festivities and impact of cyclonic storm ‘Titli’ on coal production, the supplies have increased to the level of 1.306 million tonnes per day during October, 2018, ” a Coal India official said.

However, the coal supplies to the power sector dipped to 1.169 mt per day during September 2018 due to rains.

The miner has offered 5 mt of coal to NTPC to be lifted by road mode.

“As against the normal supply term of ‘cash and carry’, the release of 5 mt against this offer shall be made on credit basis without insisting for any advance payment and NTPC is to make payment after receipt of invoices. CIL has requested NTPC to immediately contact its subsidiaries to avail the benefit of this offer and to lift the coal within 30 days of release,” the miner said in a statement.

Earlier, in the month of September, 2018, CIL had also offered domestic coal to the central and state power utilities and the independent power producers (IIPs), with the condition that they stop import of the proportionate quantities, the miner said.

“Against this offer, at the requests received from the concerned Gencos and AIPPs, ACIL has agreed to supply 7.94 lakh tonnes of domestic coal per month,” it said.

South Eastern Coalfields Ltd., the largest subsidiary company of CIL, from where considerable requirement of power sector consumers are being met, has offered to supply coal even beyond the trigger level of 75 per cent of the contracted quantities.

SECL has also offered supply of the balance 25% of the contracted quantities under the FSA to the power generators, which can be lifted by them through Road and Road-cum-Rail modes, it said.

As adverse effects of monsoon season on the mining industry has come to a close, CIL is “taking all measures to ramp up coal production and to further raise the level of supplies from November, 2018 onwards” to meet the requirements of power and non-power sector consumers.

–IANS
bdc/ahm/sed

Continue Reading

Top News

Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

Published

on

By

World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

Continue Reading

Trending