Coal India announces future power generation intentions
The public sector company Coal India Limited (CIL) is moving into the power generation field and has signed three
Memorandum's of Understanding with electricity boards in the states of Uttar Pradesh, Chhatisgarh and Tamil Nadu to
set up 1,000 MW capacity plants.
However, the implementation of the power projects would only be taken up after three years because CIL has resolved
to concentrate on increasing coal production, the company's chairman, Partho S. Bhattacharya told.
Bhattacharya said CIL's subsidiaries Southern Eastern Coal Fields, Northern Coal Fields, and Mahanadi Coalfields have
entered into agreements with the Uttar Pradesh Vidut Nigam, Chhattisgarh state electricity board and Nevelli Lignite
Power Corporation.
Coalfields would be developed for exclusive use of coal for the new power plants, and the cost of power generation
from these power plants would be cheaper because the power plants are expected to be located near the coal fields.
