Union Minister calls for outcome-oriented implementation of PMDDKY (See 'Corp Brief') Companies Act - Subsisting judgment of a Court is required to be complied with by concerned Ministry/authorities & intention to file review petition per se does not constitute grounds for withholding compliance with existing judgment: HC (See 'Legal Desk') BRICS Theatre Festival 2026 commences at National School of Drama (See 'Corp Brief') Reddy launches commercialisation catalogue of technologies (See 'Corp Brief') PMLA - Allegations of contravention of the UAPA, by itself, cannot justify indefinite pre-trial detention in separate PMLA proceedings carrying maximum sentence of seven years: HC (See 'Legal Desk') MeitY Pavilion showcases India's digital innovation at India Mobile Congress 2026 (See 'Corp Brief') DRI seizes around 5.8 kg foreign-origin gold worth Rs. 9 crores (See 'Corp Brief') Keylong to house ICMR's first dedicated centre for high-altitude medicine (See 'Corp Brief') SARFAESI - Demand notice issued under Rule 7(1) of IBC Rules, 2019 does not, per se, commence insolvency proceedings against personal guarantors or trigger interim moratorium per Section 96 of IBC 2016: HC (See 'Legal Desk') Digital Health Resources crucial to Building India's Research Mindset: Health Secy (See 'Corp Brief') 53 Tele-MANAS Cells operational across all 36 States (See 'Corp Brief') CSR is not merely a statutory obligation but as strategic instrument for India's growth: Former Cab Secry (See 'Corp Brief') FEMA - Intimation to Customs does not, by itself, constitute proof of import of software, particularly where the software was claimed to have been received through a data communication channel: Tribunal (See 'Legal Desk') India's maritime future will be written by young people: Sonowal (See 'Corp Brief') IPR - If defendant adopts mark that is minor phonetic and visual manipulation of well-known registered trademark, coupled with identical colour scheme, get-up, and trade dress, strong prima facie case of trademark & copyright infringement is made out: HC (See 'Legal Desk') ICAR-IIAB organises Pre-Rabi Kisan Goshti for 1,500 Farmers (See 'Corp Brief') IBC - Per Section 9 of IBC, where operational debt meets statutory threshold & no pre-existing dispute exists, then application for initiation of CIRP is maintainable: NCLT (See 'Legal Desk') India targets 10% of Global 6G Patents and Standards: MoS (See 'Corp Brief') SEBI - Allegation of violations of SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations is serious & cannot be sustained on mere general allegations, individual perceptions, or violations of investment advisory regulations alone: SAT (See 'Legal Desk') India highlights Energy Security at 20th EAS Energy Ministers' Meeting (See 'Corp Brief') IPR - Visual deceptive similarity, phonetic identity, likelihood of public confusion, brand dilution, and misrepresentation of association are sufficient to justify interim injunctive relief: HC (See 'Legal Desk') Special Khadi and Village Industries Exhibition inaugurated at Delhi Haat (See 'Corp Brief') SARFAESI Act, 2002 - Writ remedy under Article 226 cannot be used to bypass or circumvent this designated statutory remedy & specialized forum, which is uniquely equipped to assess the intricacies of such proceedings: HC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Coal stocks at Power Plants sufficient to meet requirements of 18.5 Days: Govt

Published: Jul 02, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 02, 2024: THE coal stocks at domestic coal based (DCB) Thermal Power Plants (TPPs) as on 29th June 2024 stands at 44.46 MT which is sufficient to meet requirements of 18.5 days as per present level of consumption.  This stock position is 33% higher over stock position of same time during last year.  It is to be noted that production of coal during first quarter of this year has seen a growth of 10.58 %.  Similarly, supply of coal has seen a growth of 8.50%.

It is further noteworthy that keeping in view monsoon effect in the coal production, Coal ministry has ensured 98.67 MT stock availability at the pithead of mines (including coal in transit) as on 30 th June 2024 which is 33.5 % higher over last year's position.

Currently the stock availability at the TPP end is 68% of the normative requirement which was about 50% during the same period of last year.  It may be noted that during FY 23-24 there was no scarcity of coal at the domestic coal based TPPs. The coal stock at TPPs, as on 31 st March 2024, was over 47 MT.  This FY also the Coal ministry is planning to maintain similar high stock at TPPs end and also at mine pithead.

As on 29 th June 2024, there is also an increase in the number of rakes/days by 10.54 % over the same period of last year, it is thus evident that adequate stock is available to meet the monsoon requirements of all domestic coal based TPPs.  Further Coal, Railways and Power ministries are closely coordinating to ensure adequate availability of coal at all domestic coal based TPPs in the country.

TIOL CORP SEARCH

TIOL GROUP WEBSITES