K M Dayashankar
There is demand for Singareni coal following an increase of coal in international markets
Demand for coal in thermal power industries increasing in-country
Production losses caused due to incessant rains in September should be reduced by increasing coal production from now onwards
PEDDAPALLI: Singareni Collieries Company Limited chairman and managing director N Sridhar has informed the officials to utilise the opportunity to increase the sales of Singareni coal following the increase of coal prices for the international coal and huge demand for coal by the power utilities in the country.
Following the steep increase of international branded coal and demand for coal by the thermal power industries in the country, the industry will rely solely on the Singareni coal or the Coal India company coal, he said and called upon the officials to utilise the opportunity to increase the sales.
As the thermal power utilities were having coal stocks sufficient for two to three days, the central coal industry and energy department would be monitoring the coal production throughout the country, he said and directed the officials to achieve the targeted coal production and its transportation.
The Singareni C&MD had conducted a video conference with the directors and the respective area general managers on Thursday from Singareni bhavan in Hyderabad and reviewed the progress of coal production during the month of September 2021 and also despatch of coal to the thermal power utilities.
Stating that the Singareni had set a record coal production of 70 million tonnes of coal during this financial year, he instructed the area general managers to constantly review the progress of coal production and its transportation to achieve the target. He said that the Singareni had achieved coal production of only 1.43 lakh tonnes per day during the month of September against the target of 1.85 lakh tonnes per day due to the incessant rains.
In order to overcome the production losses due to the rains during the last fortnight, the C&MD instructed the authorities to take up coal production of 1.82 lakh per day and its transportation during this month. As the rains have declined, he directed the officials to take up coal production of 1.9 lakh tonnes per day in the month of October and 2 lakhs tonnes per day in November and December. Later, the coal production should increase to 2.2 lakh tonnes per day in the months of January, February and March 2022 to achieve the targeted coal production, he stated.
Directors S Chandrashekhar and D Satyanarayana Rao, advisor (mining) DN Prasad, ED (coal movement) J Allwyn, general manager (coordination) K Suryanarayana, GM (marketing) K Ravishankar and others were also present.