Domestic coal prices down, centre asks Tangedco to cut import by 2%
The New Indian Express|July 09, 2024
Following requests from discoms, union power ministry has agreed to supply additional coal
S GURUVANMIKANATHAN
Domestic coal prices down, centre asks Tangedco to cut import by 2%

THE Union Power Ministry has directed the Tamil Nadu Generation and Distribution Corporation (Tangedco) to reduce coal imports from 6% to 4% for this fiscal year. An official order in this regard is expected soon.

This is expected to reduce the financial burden of the power utility, as according to officials, domestic coal (including the cost to transport) is at least 2,000 lesser per tonne than the imported coal. With Tangedco's annual coal requirement at 223.4 lakh tonnes, a 2% reduction in purchase of imported coal would mean the power utility's purchase will come down by roughly 4.5 lakh tonnes this financial year.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESSView all
Peter Dinklage joins Roofman
The New Indian Express

Peter Dinklage joins Roofman

THE cast of the upcoming film Roofman is getting bigger with the addition of Game of Thrones star Peter Dinklage.

time-read
1 min  |
October 23, 2024
Tom Holland to star in Christopher Nolan's next?
The New Indian Express

Tom Holland to star in Christopher Nolan's next?

PREVIOUSLY, we reported that Christopher Nolan has set his next film at Universal Studios, with Matt Damon cast in a prominent role.

time-read
1 min  |
October 23, 2024
Beyond the Boundary
The New Indian Express

Beyond the Boundary

LIFE doesn't always give you second chances, but when you get one, you ought to make the best Tamil appearance, Swaswika has now made a smashing comeback with the sports drama Lubber Pandhu, in which her performance has garnered unanimous appreciation.

time-read
3 mins  |
October 23, 2024
Sharon Stone and Lily Gladstone join cast of In Memoriam
The New Indian Express

Sharon Stone and Lily Gladstone join cast of In Memoriam

EARLIER, we reported that actor-stand up comedian Marc Maron is starring in a film titled In Memoriam, an independent comedy from writer-director Rob Burnett. The latest development about the project is that Sharon Stone and Lily Gladstone are all set to join the cast.

time-read
1 min  |
October 23, 2024
Culinary heritage preserved in GI tags
The New Indian Express

Culinary heritage preserved in GI tags

TAMIL Nadu is known for its rich cultural heritage, which is reflected in its food history too. The state is a foodie's dream destination with each region giving a unique gastronomic experience. This vibrant food scene includes festival delicacies, temple prasadams, street food, and snacks made from the finest local and seasonal ingredients making each dish a culinary masterpiece.

time-read
2 mins  |
October 23, 2024
Sips of success
The New Indian Express

Sips of success

FROM the vibrant petals of floral arrangements to the rich aroma of spiced chai, Navanethan Ponniah's entrepreneurial journey is an example of adaptability and innovation. His transition from the floral business to creating chai-making machines showcases creativity. What began with crafting beautiful bouquets for South Asian weddings evolved into a quest to bring the comforting taste of chai to the Canadian market.

time-read
2 mins  |
October 23, 2024
M-powering
The New Indian Express

M-powering

Transitioning from a drab healthy alternative to a trending everyday superfood, millets have emerged as a popular choice of grain

time-read
2 mins  |
October 23, 2024
Impressions of Chettinad mores
The New Indian Express

Impressions of Chettinad mores

EVERY corner of The Folly, Amethyst was loaded with aesthetics on Monday as we entered the venue lured by the aroma of filter coffee served in a davara set five-foot wooden cupboards with glass doors, brass utensils, lantern-shaped chandeliers, wooden cradles, and rows of fashionable attires inspired by the heritage of Chettinad. The outfits are part of 'Payanam', the latest collection by Anavila, a luxury womenswear brand.

time-read
2 mins  |
October 23, 2024
THE BALANCE IS BROKEN!
The New Indian Express

THE BALANCE IS BROKEN!

In 'saving' Blue Water, and neglecting Green Water, humankind has put a dent in the laws of nature, as the water cycle, for the first time in recorded history, has gone off balance

time-read
3 mins  |
October 23, 2024
Budgam village loses the healer in terror attack
The New Indian Express

Budgam village loses the healer in terror attack

WE have lost the healer and an honest man,\" said Abdul Gaffar, an elderly resident of Nadigam village of central Kashmir's Budgam district. Dr Shahnawaz was among seven persons killed on Sunday in the terror attack on a workers' camp at an under-construction site belonging to APCO Infratech company at Gagangir in central Kashmir's Ganderbal.

time-read
2 mins  |
October 23, 2024