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Adequate coal for Odisha industries, Goyal assures Patnaik

Updated: Mar 10, 2015 04:30:26pm
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New Delhi, Mar 10 (KNN) The Union Minister for Power and Coal  Piyush Goyal called on Chief Minister Naveen Patnaik at Odisha Bhawan, New Delhi on Monday. Chief Minister expressed serious concern at the minuscule portion of benefits derived by Odisha as compared to other States from the ongoing coal blocks auction.
 
He emphasized that a large number of coal blocks in Odisha have been earmarked for power sector which witnesses a reverse bidding process and puts the state in a comparatively disadvantageous position.
 
However the Power and Coal Minister Piyush Goyal assured the CM that the central government will make every effort to ensure adequate availability of coal for the state's power sector and other industries. Goyal said the union government will ensure that the state receives maximum revenue from the coal blocks auction process, the Chief Minister's Office here said in a release.
 
The chief minister shared his apprehension that out of nine coal blocks of Odisha earmarked for auction so far, only one coal block been earmarked for the non-regulated sector. He said that this would deprive a large number of industries to meet their captive requirements.
 
The power minister assured that the central government will be earmarking a large coal block for commercial mining and another significant coal block will be allocated to a State PSU to ensure that the industries of the Odisha do not suffer on account of inadequate availability of coal.

The release also stated that the Union Minister has assured the Chief Minister that the interests of the State are of paramount importance and that every effort will be made to ensure adequate availability of coal for the power sector and other industries. (KNN/VV)

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