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Construction : General1213 | May 2011 | Source : Construction Update

CESC to procure 40 million tonne of coal for 20 from South Africa

To reduce the independency on the state-run coal mining company, which has led CESC in a situation to think to hike power tariffs up to 50 paise per unit, the company has decided to procure 40 million tonne of coal South Africa in the next 20 years.

The company will start the project to procure two million tonne coal a year for 20 years beginning 2014 from the South African mine of Australia-based Resource Generation, where CESC has 10 per cent stakes.

CESC Vice-Chairman, Mr Sanjiv Goenka said in a press conference at Kolkata, where the company is generating and distributing power since 1980, that the company is on the lookout for companies for more supplies from abroad to meet 30 per cent of the requirement for its proposed 2 X 300 MW plant at Haldia in coastal West Bengal.

The Haldia plant is supposed to be operational in September - October this year. Central Electricity Authority has already issued the guidelines saying that the coast-based thermal power plants should use a minimum of 30 per cent imported coal.

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