Page 3 - Coal Demand

Coal demand yet to peak in India, dry fuel still plays a key role: Joshi

The Centre on Wednesday said that the demand for coal in India is still to reach its peak and the dry fuel will continue to play a key role in the energy mix till 2040 and beyond. Therefore, shift from coal will not happen in foreseeable future in the country, according to coal minister Pralhad Joshi. Joshi in his opening remarks, while chairing a meeting of Parliamentary Consultative Committee of the coal ministry, said that there is a push towards energy transition away from coal in the global world. "However, for India, coal, being an affordable source of energy, holds prime importance for meeting its energy needs being fuelled by rising economy," he said. Coal accounts for more than 51 per cent of India's primary energy requirement and around 73 per cent of power generation. During the meeting it was also informed by the coal ministry that although there are no immediate challenges of coal phase down, companies involved in coal mining will have to manage the closure of already

Coal to be back again as gas becoming unaffordable: FM Nirmala Sitharaman

Given the global energy crisis, Finance Minister Nirmala Sitharaman has said that coal is going to be back again as gas has become unaffordable. Sitharaman, who attended the annual meetings of the International Monetary Fund and the World Bank, said the western world has seen countries moving to coal. The Western world has seen countries moving to coal. Austria has already said, and todaythey are going back to coal, Sitharaman told a group of reporters from India during an interaction on Saturday. Russia has sharply curtailed natural gas shipments to Europe in retaliation for sanctions that the West put in place after its invasion of Ukraine. In late April, Russia cut off gas supplies to Bulgaria and Poland after they refused Moscow's demand to pay for the deliveries in rubles, Russia's currency. Also, apart from that many countries in the West are moving away from coal to generate electricity as it contributes to climate change and air pollution. Responding to a question on her

Coking coal price rise likely to delay margin recovery of steelmakers

The domestic market has also seen a sharp correction in steel prices from peak levels

Action plan in place to ensure adequate coal availability during monsoon

The Union coal ministry is confident that till September-end, there will be 9-10 days of coal stock at the power units

Rlys freight grows 11% on year in June at 125 MT, gains from loading coal

There has also been an increase of 7 per cent in freight leads, or the distance travelled for transportation of goods, which is a source of higher revenue for the railways

Coal shortage hurting non-power sectors still year after supply shift

In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent

'Coal stock at over 52 MT; enough for 24 days' requirement of power plants'

In addition, about 4.5 MT coal stock is available at various goods shed sidings, private washeries and ports and is awaiting to be transported to the power plants

India's Russian coal buying spikes as traders offer discounts: Report

Government data shows buying May 27-June 15 was up 6-fold; US says it does not want to see a 'rapid acceleration'.

Fuelled by coal demand, Railways earns Rs 14,000 crore from freight in May

This is the 21st consecutive month of the national transporter topping its own freight loading record

Environment approvals for coal mine expansions eased to tackle fuel crisis

Coal supplies at power plants are shrinking amid a grueling heat wave that's pushed electricity demand to a record in recent weeks

Power outage risk increases as severe heat spurs coal demand

The hottest March in more than a century has heralded an early start to summer, increasing power consumption by air conditioners and refrigerators.

Coal supply to Maharashtra increased considerably in April: Centre

The ministry added in a press release that the coal supply to thermal plants is increasing in tandem with an increase in demand for power

Power ministry recommends importing coal for blending to meet demand

It has also allowed tolling which essentially would mean giving electricity producers access to coal near a plant rather than transporting it from allocated mines that may be in far away areas

'Demand for thermal coal to rise due to increase in electricity demand'

The coal ministry has taken consistent initiatives to increase the production of coal from captive mines

Titagarh Wagons, Texmaco Rail: Wagon manufacturers eye up to 14% upside

The stocks are exhibiting positive trend amid reports that Indian Railways is expected to add 100,000 wagons over the next three years

India needs 1.3 to 1.5 billion tonnes of coal by 2030

The government on Wednesday informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030.

CIL's pithead coal may rise further by FY22-end; current stock at 43 MT

The fuel supply by CIL to the power sector peaked to a historic high of 493 million tonnes (MT) as on Thursday in the ongoing fiscal

Coal India warns it may need to cut output without a price hike

The world's largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power mine equipment.

Coal shortage crisis in power generation, non-power sector escalates again

The ministry cited the domestic coal supply to the power sector till January 2022, which was 552.65 million tonne

Dependence on import to meet thermal coal demand sharply reduced: Joshi

The government said the country's dependence on imports to meet thermal coal demand has sharply reduced and stressed that in the next financial year