Punjab govt mulling to promote surplus coal to personal energy producers

Punjab govt mulling to promote surplus coal to personal energy producers


Mumbai, January 24

The Punjab authorities is mulling to promote surplus coal generated from its captive mine in Jharkhand to personal energy producers, chief minister Bhagwant Mann mentioned right here on Tuesday.

Mann mentioned such a transfer will assist scale back the price of electrical energy for individuals in Punjab, and added that his authorities is in contact with the Union coal ministry on the difficulty.

“Coal is coming from Pachwara mine in Jharkhand and it’s coming in such amount that we may give it to personal gamers having thermal vegetation in Punjab. We’re in talks with the Union coal ministry to permit the identical to offer coal at a less expensive charge in order that their tariff can even come down,” Mann informed reporters.

Mann, who’s within the monetary capital for a two-day roadshow forward of a traders’ meet in February, claimed that the ability tariffs for industries in Punjab are already the most affordable in comparison with different states at Rs 5 per unit. He listed the excess and low cost energy as a key issue which ought to entice industries in Punjab.

The chief minister mentioned that business gamers, particularly within the manufacturing sector, who want to arrange a base in north India ought to take a look at Punjab as a base.

Mann blamed the earlier governments of his state for “irritating” potential traders, as a consequence of which they went to locations like Baddi in Himachal Pradesh, which is simply 20 kilometres from Chandigarh.

The federal government is pondering of getting ‘color coding’ on stamps, beneath which they’ll play all of the taxes, duties and necessary charges upfront, leading to faster arrange of business, Mann mentioned, including that the federal government is dedicated to ease all of the procedures for establishing industries.

He mentioned Tata Metal is establishing its second greatest facility after Jamshedpur in Ludhiana, and development of the identical began on Tuesday itself.

Throughout his go to, the chief minister met representatives of assorted company homes together with Tata, Mahindra & Mahindra, Godrej and Hindustan Unilever, in addition to gamers within the tractor, biking and agriculture sectors.

He, nevertheless, didn’t reveal the quantum of funding commitments the state has managed to bag throughout his go to to town.  

#Bhagwant Mann

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