New railway line to evacuate 20 mnt coal

The first phase of the ongoing Jharsuguda-Barpali rail link set to overcome the state’s coal evacuation woes, is expected to be completed by June 2016, a top official in the Coal ministry said here.

“Among the three railway lines being taken up for coal evacuation, the Jharsuguda-Barpali rail link has made the best progress. The first phase of this railway line is expected to be ready by June 2016, earlier than the scheduled timeline. The railway line can evacuate 20 million tonne of coal,” said Coal secretary Anil Swaroop.
Coal stockpiled at pitheads has been a pressing issue for both the Centre and the state government. To overcome this problem, the Coal ministry had planned two special purpose vehicles (SPVs) for Odisha for speedy evacuation of coal from Talcher and Ib valley coalfields

The state government has already signed memorandum of understanding (MoU) with the Coal and Railways ministries for the first SPV.

In the SPV, the Odisha government will have 10 per cent equity. The Ministry of Coal or its PSU, Mahanadi Coalfields Ltd (MCL), a Coal India subsidiary, will have 64 per cent stake while the Railways ministry through any of its PSUs – Rail Vikas Nigam Ltd (RVNL) or IRCON will hold 26 per cent equity.

Coal evacuation has assumed significance as the Coal ministry has prepared a roadmap to ramp up production by Coal India Ltd (CIL) and its subsidiaries.

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