Coal

India plans to value its coal reserves in rupees: What does it mean?

MoSPI has proposed a framework to assign a monetary value to India's coal reserves. Here's what natural capital accounting means and why it differs from pricing coal

Mospi proposes framework to assign monetary value to India's coal reserves

The ministry has recommended the OECD methodology for valuing coal reserves, saying it could strengthen natural capital accounting and support evidence-based policymaking

'Centre prioritising energy security by shifting towards coal gasification'

Union Minister for Coal and Mines G Kishan Reddy on Sunday claimed that the Centre is prioritising energy security by way of a strategic shift towards coal gasification with substantial incentives aiming to reduce imports. Stating that the Centre is giving incentives to the tune of Rs 46,000 crores for coal gasification, he told reporters that more than 35 companies will be starting coal gasification activities in India within two months. "We are encouraging the companies bringing technology to India to solve the technology gap for this purpose", he added. Pointing out that India has the fifth-largest coal reserve in the world, the minister said that electricity is generated from coal in about 73 per cent of thermal power projects in the country. He also recalled that in a major step towards strengthening India's energy security, promoting import substitution, and accelerating industrial self-reliance, the prime minister has laid the foundation stone for the Rs 25,016 crore Lakhanpu

Govt notifies Coal Exchange Rules, paving way for regulated coal trading

Coal Ministry notifies Coal Exchange Rules, 2026, paving the way for regulated electronic coal trading and formal price discovery in India

Govt publishes rules for setting up coal exchanges to boost transparency

The government on Tuesday said it has published rules for setting up coal exchanges, a move aimed at bringing transparency and efficiency to the country's coal trading ecosystem and modernising the supply chain. Coal exchanges are expected to enable transparent, market-driven price discovery, boost efficiency and give coal producers - including commercial and captive miners - easier access to a wider pool of buyers. Public sector players can also use the platform to increase market participation. "The recently enacted Mines and Minerals (Development and Regulation) Amendment Act, 2025 introduced the concept of a mineral exchange and empowered the central government to promote transparent and efficient trading of minerals, including coal and its processed forms. In pursuance of the above, the Coal Exchange Rules, 2026 have been published by the Ministry of Coal in the Official Gazette on June 4," the coal ministry said in a statement. The ministry has already designated the Coal ...

Centre has coal reserves for 80 days of power generation: Kishan Reddy

Union Minister G Kishan Reddy on Monday said that the Centre has adequate coal reserves to meet the requirements of power generation for 80 days. Speaking to reporters about the achievements of the NDA government since 2014, Reddy also said that exploration has begun in the critical mineral blocks acquired in Argentina, and production should commence as early as possible. "Earlier, there used to be a shortage of coal. Now, the Government of India has coal reserves sufficient for 80 days of power generation. Since the monsoon season has begun, coal production could face disruptions due to heavy rainfall," the union coal and mines minister told reporters here. "Following the directives of Prime Minister Narendra Modi, we have maintained coal reserves for 80 days," he added. Highlighting the importance of critical minerals, Reddy said that the Centre is identifying critical mineral reserves and undertaking exploration activities. He added that auctions have also begun in areas where

NMDC plans up to ₹50K crore investment amid diversification push

Overseas acquisitions, rare earths and branded iron ore part of core strategy

Delhi HC dismisses GEEC plea contesting Raniganj methane block bid

The court said audit logs showed no evidence of a technical glitch in the e-bidding portal and found GEEC lacked diligence in completing the bidding process

Best of BS Opinion: Govt must allow greater price adjustments

From rising oil pressures and coal gasification to urban housing reform and RBI policy, today's BS Opinion explores the economic and structural challenges shaping India's future

First underground commercial coal mine begins production in Madhya Pradesh

Coal production has commenced at the Urtan and Dhirauli mines in Madhya Pradesh, boosting domestic coal supply and supporting India's energy security goals

Best of BS Opinion: Time to treat gold as a structural factor in economy

Today's BS Opinion wrap looks at gold imports and forex pressures, judicial infrastructure gaps, financing the Viksit Bharat dream, coal gasification, and Japan's wartime history

New Era Cleantech advances ₹20,000 crore coal-to-chemicals project

Company aims to complete financial closure and place EPC orders for the first phase of its Maharashtra coal gasification project by December 2026

Coal gasification emerges as priority, can redefine India's energy security

Underground Coal Gasification (UCG), where coal is converted in situ without mining, is being piloted in Jharkhand

Heavy coal use, RE growth to insulate India from spike in power tariffs

India's reliance on domestic coal and rapid renewable energy expansion could shield it from global power tariff shocks, even as fuel prices surge amid the West Asia conflict

Coal demand rises in India as West Asia crisis disrupts gas supply

Coal demand in India is rising as the West Asia crisis disrupts gas supplies, prompting higher auctions by Coal India and pushing industries to reconsider fuel choices amid tightening energy markets

Uttar Pradesh govt approves coal mining project of ₹2,200 crore

"The utilisation of coal from the Jharkhand block will reduce the cost of power generation, thereby ensuring affordable and uninterrupted power supply to Uttar Pradesh," a senior official said

Centre asks states to curb coal profiteering amid West Asia crisis

The Centre has directed states to prevent small coal retailers from profiteering from the West Asia crisis, as global energy disruptions threaten to ripple into domestic fuel markets. Talking with reporters on the sidelines of an event here, Coal and Mines Minister G Kishan Reddy said, "Our secretary (coal) has talked to Chief Secretaries of all states. I have written letters to Chief Ministers yesterday. There is no coal shortage and there is no scope for an increase in domestic coal prices". The minister further said that if coal prices increase, it is the responsibility of the state governments to take action. "We have asked states to keep an eye on coal prices and not let the retailers of coal profit from the ongoing crisis.. The Prime Minister has clearly instructed that coal prices should not increase, and therefore the government has taken proactive measures. "No decision has been taken on increasing coal prices. Coal prices should not increase," the minister explained. Th

Odisha coal ban deepens LPG crisis for food businesses, vendors seek help

Urban fuel restrictions and global LPG supply shocks have left nearly 30,000 vendors facing collapse of their livelihoods

Govt fully geared to meet coal demand surge amid West Asia crisis

Amid escalating tensions in West Asia threatening global energy supplies, the government on Wednesday said it is fully prepared to meet any unprecedented surge in coal demand, with overall coal stocks at about 210 million tonne -- adequate for around 88 days. This year, coal production and supply have outpaced consumption, leading to record-high stocks at thermal power plants and coal mines. Supplies to the non-regulated sector are up nearly 14 per cent over the previous year. Pithead coal stocks at mines of Coal India Ltd (CIL) stood at 106.78 million tonne (MT) on April 1, 2025, rising to 121.39 MT as of March 9 this year. Further, there is around 6.07 MT of coal at the mines of Singareni Collieries Company Limited (SCCL), another 15.12 MT at captive, commercial mines, and about 14 MT in transit, totalling 156.58 MT, the highest ever. This stock is in addition to the coal which is already available at power plants, which is around 54.05 MT as on March 9, 2026, adequate for near

India to boost coal use for summer as West Asia crisis hits LNG supplies

India has invoked emergency provisions and declared force majeure, reprioritising natural gas supplies to key sectors such as households and fertiliser plants