10 Dec 2013

CIL rationalizes the price of non-coking coal

Coal India Limited (CIL)
Coal India Limited (CIL) has revised and rationalized the price of non-coking coal for all its subsidiary companies including North Eastern Coalfields (NEC) and the Non Linked Washery (NLW) coal of BCCL from 28.05.2013. The Surface Transportation Charges (STC) have also been revised from 14.11.2013. 

The details of the price revision for coal supply to the Power Utilities [including Independent Power Plants (IPPs)], Fertilizers and Defence Sectors applicable from 28.05.2013 are as under:

·         The price of the higher grades of non-coking coal for Gross Clorific Value (GCV) band G1, G2 and G5 has been kept same for all the Subsidiary Companies including NEC as was applicable under the price notification dated 31.01.2012 applicable w.e.f. 01.01.2012.

·         The prices of the higher grades of non-coking coal i.e. GCV band G3 and G4 reduced by 12% in respect of all the Subsidiary Companies including NEC.

·         The prices of the non-coking coal i.e. GCV band G6 to G17 increased by 10%.

·         A 10% add-on for Western Coalfields Limited (WCL) over and above the prices applicable for other Subsidiary companies for both regulated and non-regulated sector for GCV Grades G6 to G17 (on account of higher cost of mining).

·         An additional price of Rs. 300.00 extra per tonne over and above the notified price in respect of the coal produced from Rajmahal mine of Eastern coalfields Limited (in continuation with the earlier dispensation).

·         10% increase in the price of NLW coal of Bharat Coking Coal Limited (BCCL) applicable for consumers in the regulated sector. The rebate of 5% for supply to Power house other than captive ones as applicable at present is continued.

·         The Surface Transport Charges where coal is transported beyond a distance of 3 kms to the loading point, the coal companies shall be entitled to charge additional transport costs from the purchasers for a distance of more than 3 kms but not more than 10 kms, Rs.57.00 per tonnes, for a distance of more than 10 kms but not more than 20 kms, Rs.116.00 per tonnes. In cases, where coal is transported for more than 20 kmsto the loading point, transport charges shall be payable on actual basis, to be borne by the purchaser. It was last revised in 2009.

This information was given by the Minister of State for Coal, Shri Pratik PrakashBapu Patil in a written reply in Rajya Sabha today. He said that at present, the impact of coal price revision applicable w.e.f. 28.05.2013 on power generation works out to around 4 paisa per unit. The impact due to STC revision works out to around 1 paisa per unit..

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