Union minister Piyush Goyal has said that in a short span of time the government has improved the country’s coal scenario to a large extent due to which no thermal power plant is facing any shortage of the fuel.
He was speaking on the annual convention of Indore Management Association.
Goyal says at present the thermal plants of the country have stock of 25 days. Apart from this, the coal pit-heads have ample stock that these plants can run for 40 days without facing any problem.
Addressed 25th Edition of IMA International Management Conclave 2016, in Indore. Watch at https://t.co/KucMrHBIl5 — Piyush Goyal (@PiyushGoyal) February 6, 2016
Addressed 25th Edition of IMA International Management Conclave 2016, in Indore. Watch at https://t.co/KucMrHBIl5
— Piyush Goyal (@PiyushGoyal) February 6, 2016
He pointed out that the current situation is such that there is so much extraction of coal these days that there is no space left for its storage.
Talking about achievements of his government, he said that they have made the coal mines process more fair and transparent. Goyal said that they have reformed and improved the coal sector in the country.
“We have made public sector coal companies capable and today they are giving fantastic results,” the minister said.
In the last fiscal, the production of public sector Coal India Ltd witnessed a rise of seven per cent and in current financial year, it is increasing at the rate of 9.5 per cent.
Praising the Prime Minister Narendra Modi, Goyal said that PM wants the government schemes to be framed not just for next five years only but to form them by keeping future in mind , so India will continue to walk on the path of development.