New Delhi: The Central government has given its nod for siphoning off excess coal in captive coal blocks to other private companies. Considering the growing demand of coal supply from thermal power stations, the government has constituted a committee.

The committee will ascertain the transfer cost of excess coal and the companies to which excess coal is to be allotted. It may be recalled that Union Coal Minister had directed to remove 64 million tonnes of surfeit coal lying at the coal mines without delay.

All these efforts are being made in view of scarcity of coals so that the thermal power plants may not face any coal shortage for generating electricity.

Notably, the coal production is comparatively less than the high coal demand. It is for this reason that Coal India has set a target of 477 million tonnes of coal production against the 347 million tonnes of coal to be supplied to various thermal power stations.

Meanwhile, taking note of the continuous increase in the coal demand, the Centre is set to bring changes in the coal distribution policy as it believes that it is not possible for Coal India to meet all the requirements.

JPN/Bureau