The Chief Minister assured the citizens that there will be no power cuts and there are no power problems at the moment. He said that directions have also been issued to all Escoms to improve their equity and financial condition, and the revenue collected should be given first for coal procurement and then for capital investment, as it is the need of the hour.
An official from the energy department, who was present at the meeting, told The New Indian Express, “The state has to pay around Rs 500-600 crore, including arrears, to get coal from its sources immediately. In the wake of shortage, the three coal supplying units — MCL, WCL and SCL — which cannot hike the rate, are using the tactic of delayed clearing of dues for not releasing stock, apart from transportation challenges due to the rains. The discussion on how to clear payments so that Karnataka does not lag behind, was also discussed.”
All’s well, says Minister
Davanagere : Energy Minister Sunil Kumar on Tuesday said that there was no coal shortage and all the thermal power stations were functioning normally. He said that the Centre was providing the state with 8 rakes of coal for power generation each day. “We have sought 2 more rakes
