SCCL, KPCL ink MoU for 80 lakh tonnes of coal supply
A MoU was signed at a programme held at ITC Kakatiya Hotel here on Monday by the Singareni Collieries Company Limited (SCCL) and Karnataka Power Corporation Limited (KPCL) for the supply of 80 lakh tonnes of coal to the KPCL during the current year.
Hyderabad: A MoU was signed at a programme held at ITC Kakatiya Hotel here on Monday by the Singareni Collieries Company Limited (SCCL) and Karnataka Power Corporation Limited (KPCL) for the supply of 80 lakh tonnes of coal to the KPCL during the current year.
SCCL Chairman-cum-Managing Director N Sridhar and KPCL Managing Director Kumar Naik were the signatories to the MoU. The officials inked the pack in the presence of higher officials of the two organisations.
As per the MoU, the SCCL supplies 30 lakh tonnes of coal to the Thermal Power Station at Raichur, 20 lakh tonnes to the plant at Yeramaras near Raichur and 31 lakh tonnes to the Bellary Thermal Power Plant in the current year.
Speaking after exchange of documents, Kumar Naik said that the cost of power generation has come down on account of the quality coal supplied by the SCCL and the plant load factor (PLF) has been improved.
He went on record stating that the SCCL could be able to supply coal with moisture content less than 32 per cent in a planned manner and paying special attention to coal grade. The credit of the Raichur Thermal Power Station last year achieving 77 per cent of the PLF goes to the SCCL. Therefore, the KPCL entered into an agreement for supply of 80 lakh tonnes of coal, he said.
The SCCL chairman put the demand for coal at 800 lakh tonnes, while the SCCL targetted to produce 660 lakh tonnes this year. In spite of that, there would be no glitch in supply of coal to Karnataka. The demand for SCCL coal has increased as the Thermal Power Stations under the limits of Coal India Limited (CIL) besides the ones in Telangana placed orders with the SCCL for coal supply.
The SCCL has been giving priority to supply quality coal to the customers. That is the reason for the increase in demand for supply, he said.
SCCL executive directors (coal movement) N Srinivas, GM(marketing) B Kishan Rao, AGM (marketing) NVK Srinivasa Rao, KPC director (technical) P Bhaskar, director (finance) Nagaraju, EE (energy) Yatiraju and others were present on the occasion.