Coal mine revival yields Rs.950-CR savings for Punjab power sector
Punjab Newsline, Chandigarh, April 1-
In a major advancement toward ensuring uninterrupted and cost-effective coal supply for Its thermal power plants, the PSPCL has reached a significant milestone by achieving the peak rated capacity of 70 lakh tonnes at its Pachhwara Central Coal Mine in Financial Year 2024-25, informed Power Minister Harbhajan Singh ETO in a press communique issued here today.
The Cabinet Minister said that the Pachhwara Mine, which had remained non-operational since March 31, 2015, was successfully revived in December 2022 under the proactive leadership of CM Bhagwant Singh Mann. Since its revival, the mine has supplied 115 lakh tonnes of coal to PSPCL's thermal power stations, generating estimated savings of Rs.950 crore compared to Cost of coal procured from Coal India Limited (CIL), significantly reducing power generation costs.
The Cabinet Minister said, achieving peak rated capacity at Pachhwara Mine showcased that CM Mann government is committed to energy security, operational efficiency and financial prudence, adding that this milestone will enhance self-reliance in coal procurement, diminishes dependence on external sources and stabilizes power supply for Punjab.