No plan to privatize Singareni Collieries Company

Subject : Map/Renewable energy

Context: Coal Minister Pralhad Joshi on Wednesday said that there is no plan to privatize PSU miner Singareni Collieries Company (SCCL).

Concept :

SCCL is a joint ownership of Telangana government and the center on a 51:49 equity basis. Since the government of Telangana is the majority stakeholder with 51 per cent, it is not possible for the government of India to privatize SCCL.

About Singareni Coal Mine

185 km east of Hyderabad in the Godavari Basin
4 coal seams have been identified
Contains 56.5 % fixed carbon
Although it is non-coking coal, its quality is improved by the Regional Research Laboratory at Hyderabad.

Coal Mines in Telangana and Andhra Pradesh

Andhra Pradesh produces about 9.72 percent of India’s coal.
Most of the coal reserves are in the Godavari valley spread over the districts of Adilabad, Karimnagar, Warangal, Khammam, East Godavari, and West Godavari.
The actual workable collieries are situated at Singareni and Kothagudem.
Almost the entire coal is of non-coking variety.
These are the southernmost coalfields of India and a source of coal supply to most of south India.