Telangana, Karnataka mull JV for coal mining in blocks allotted to KPCL
Telangana's Deputy Chief Minister M. Bhatti Vikramarka has proposed a joint venture between Singareni Collieries Company Limited and Karnataka Power Corporation Limited for coal mining. The initiative aims to secure coal supplies for Karnataka's thermal plants while leveraging Singareni's extensive mining experience.
Why it matters
This inter-state cooperation could significantly impact energy security and power generation efficiency in Southern India.
Deputy Chief Minister M. Bhatti Vikramarka has proposed a joint venture with Karnataka in coal mining with a tie-up between Singareni Collieries Company Limited and Karnataka Power Corporation Limited (KPCL).
Mr. Vikramarka put forward the proposal during a meeting with Karnataka Minister for Energy K.J. George as part of his visit to Bengaluru on Thursday. The joint venture has been proposed to mine coal in the captive mines of KPCL since SCCL has been into coal mining activity for more than a century and to ensure adequate coal availability the KPCL’s thermal plants in line with the growing demand for electricity.
According to the Deputy Chief Minister’s office, the meeting covered a wide range of issues related to the progress of the energy sector in both the States, coal supplies, payments for coal purchases and technology exchange.
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