Thermal Coal

All the additional capacity will come as brownfield expansion of its current thermal power units across the country

Plan to evacuate more thermal coal via coastal shipping as Railways faces network congestion woes

Vascon Engineers Ltd expects Rs 300 crore in revenue from its new housing project in Mumbai. The company is in EPC (engineering, procurement and construction) and real estate businesses. In a regulatory filing on Monday, Vascon Engineers said it has entered into the Mumbai market with the launch of 'Vascon Orchids', a luxury residential project through a redevelopment initiative on Linking Road in Santacruz West. "The project has a total expected Gross Development Value (GDV) of Rs 300 crore of our sell units," it added. Pune-based Vascon has delivered more than 225 projects across over 30 cities and 45 million sq ft of real estate projects.

NCL is the third largest subsidiary with sales of 138 million tonnes in FY24, contributing 18 per cent of CIL's total sales volume

Three of the traders expected imports to plunge by around 10% to about 155 million metric tons. Two of them expected a fall of 1-2%, while another trader forecast a 7-8% decline

FY25 cargo sailing slow at 2.7 per cent growth

The NTPC Group generated 327BU in 9MFY25, up 4 per cent from 315BU in 9MFY24. The 9MFY25 standalone income was Rs 1,28,600 crore, up 6 per cent Y-o-Y

State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) has received an order worth Rs 4,000 crore from Adani Power Limited for setting up the 1,600 MW Raigarh Phase-II Thermal Power Plant at Raigarh, Chhattisgarh. BHEL in a filing said that it received a Letter of Award on March 27, 2024, for the supply of equipment and supervision of erection & commissioning for 2x800 MW power project based on supercritical technology at Raigarh Phase II, Chhattisgarh. The boiler and Turbine Generator are to be manufactured at BHEL's Trichy and Haridwar plants respectively. The supply of Unit-1 will take 31 months and Unit-2 (35 months).

Surging production and supplies by world's largest miner Coal India have pushed stockpiles at power plants to record highs of over 43 million metric tonnes

Lower Indian appetite for imports could further pressure prices, even as miners grapple with a 70% plunge from record highs that followed Russia's invasion of Ukraine in 2022

The government on Tuesday said it has not formulated any plan to phase out old coal-based thermal power plants in the country. India has set an ambitious energy transition programme, which includes having 500 GW of renewable energy capacity, by 2030. "No Sir, Central Electricity Authority vide an advisory dated January 20, 2023 suggested that no retirement or repurposing of coal-based power stations will be done before 2030 considering the expected energy demand scenario and availability of capacity in future," Power Minister R K Singh said in a written reply to Rajya Sabha. He was replying to a question on whether the government has formulated any plan to phase out the old coal-based thermal power plants in the country, including in Odisha. Singh said that operators of thermal power plants were also advised implementation of Renovations & Modernisation (R&M) and Life Extension (LE) of their units for running up to 2030 and beyond or operating in two-shift mode to facilitate ..

The Jawaharpur plant is being equipped with supercritical technology. It will be fed with coal from the Saharpur Jamarpani coal block in Jharkhand to be developed by UPRVUNL

The shifting of coal traffic to the freight corridor will also bring a sigh of relief for passengers, as trains get stuck for hours around the DDU stretch due to congestion

Imported thermal coal freight also sees higher volumes amid railways plan to avert 2022 crisis

According to sector watchers, the numbers suggest that the railways will comfortably meet its budgeted target of 1475 Mt in the current fiscal year

Indian imports of petcoke, mostly used by cement plants, doubled to 9.77 million tonnes in 2022 as they were cheaper compared with coal, whose prices hit record highs following Russia's invasion

India's thermal coal imports fell to the lowest levels in 9 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production

Union coal minister Pralhad Joshi on Wednesday exuded confidence that the country would be largely self-sufficient in thermal coal production by the financial year 2024-25. "We will be largely self-sufficient in thermal coal production by 2024-25 and the country will not face any problem in the thermal energy sector," Joshi said while interacting with the media during the investors' conclave on 'opportunities in the coal sector'. He said that in the sixth phase, commercial auction is being conducted for 141 coal mines across the country, including 28 blocks of Madhya Pradesh. According to the minister, for the first time in the country's history, such a large number of coal blocks are being auctioned. He said that the government is expected to get a revenue of Rs 25,000 crore from this auction, while two lakh people will get employment after the start of production. Joshi appealed to the investors to actively participate in the coal mine auction. "We have made mine allocation rul

The share of South African thermal coal imports rose to the highest levels in recent months as sponge iron makers switched back amid Russian blend concerns, Coalmint said in a report this week

Union coal minister Pralhad Joshi on Friday said that the country will stop import of thermal coal by 2024-25. Joshi was speaking at the 'Mincon 2022' Mines -Mineral-Metals event here. The minister expressed his concern that that the country has to import coal despite having adequate domestic resource of the fuel. He said that Prime Minister Narendra Modi told him that this substitute coal import has to stop. "We are working in that direction and I am assuring you that by 2024-25, the substitute coal that is thermal coal import, we are going to stop it," he said. Joshi said that the government is taking pro-industry initiatives. "There was a time, when those in power used to think that talking about industry, business and industrialists is kind of anti-poor. But, our government does not think like that, we think your businesses should run nicely and our policies should be good and the revenue from you will help in serving the poor. This is the firm belief of the government and we