Page 20 - Coal India

Captive power plants request government to normalise coal supply

On an average, captive power plant-based industries are getting less than 50 per cent of the coal against secured linkages and Coal India Ltd (CIL) auctions

Coal India auction to non-power sector increases sharply: Report

Coal India had temporarily paused auctions of coal to non-power customers and reduced contracted supplies in October

Coal India to infuse Rs 19,650 cr to strengthen rail infrastructure

The move will increase coal evacuation capacity of the PSU through rail mode by an additional 330 million tonnes per annum (MTPA) by FY2023-24 when the production is expected to scale up significantly

Sensex ends off day's high, up 154pts, Nifty 28pts; RIL, IT stocks gain

The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively

Supply of coal by CIL to power sector rises 23% in April-October

The dispatch of coal to the power sector by state-owned CIL rose 22.7 per cent to 291.72 million tonne (MT) in the first seven months of the ongoing fiscal year

Moderate valuation, high dividends should provide floor to Coal India stock

Global slowdown leading to lower prices, fall in e-auction volumes and higher-than-expected wages are downside risks

Coal India consolidating its sustainable development goals, says govt

The government on Thursday said state-owned Coal India Ltd (CIL) is quietly engaged in further consolidating its sustainable development goals.

Coal India aims at Rs 40,000-50,000 cr capex in 4-5 years: Chairman

Coal India Ltd on Wednesday said the company is aiming at investing Rs 40,000-50,000 crore as capital expenditure in the next 4-5 years.

India's last-minute defence of coal at COP26 hid role of China and US

China, US and India are the three biggest polluters, and all three have now pledged to zero-out their emissions in the decades ahead.

Coal India Q2 net profit almost flat at Rs 2,937 cr; revenue rises 10%

The firm accounts for over 80 per cent of the total domestic coal output

Amid mounting dues, Coal India's price hike plan likely to be delayed

Coal India's plan to raise prices is likely to be delayed as it has failed to secure the nod of key stakeholders amid an outstanding of Rs 24,000-25,000 crore pushing company in a tough situation

Coal supply by Coal India to power sector jumps 23% y-o-y in Oct

The development assumes significance in view of the country's power plants grappling with fuel shortages

In the dark: Stress test for the coal economy in India to meet demand

The mechanics of production and supply logistics suggest that power producers will struggle in the coming year too

CIL stepped up coal supply to meet increased demand of power sector: Joshi

Coal Minister Pralhad Joshi on Thursday said state-owned CIL has stepped up fuel supply to meet the increased demand of the power sector and arrest shortages at thermal power plants

Recent coal crisis opens doors for govts to micro-manage the market

Union power ministry in August decided to limit the stock holding to 15 days, which implied it wanted power plants to stock the bare minimum of what CEA advises

Coal supply prioritised temporarily to power sector to replenish stock: CIL

State-owned CIL on Tuesday said the supply of coal was prioritised temporarily to power producers to replenish their dwindling stock of the dry fuel. The statement assumes significance in the wake of the country's power plants grappling with fuel shortages. "In view of the low stock position at the power house end due to a spurt in economic activities during post-second wave of COVID-19, the supply of coal was prioritised temporarily to the power sector to replenish their dwindling coal stock," Coal India Ltd (CIL) said in a statement. To achieve the same in the quickest possible time, coal companies were advised only to go slow temporarily on conducting further e-auction of coal, barring the special forward e-auction for power. "This was a highly transitory measure to tide off the current high demand scenario in the power sector and normalcy will be restored soon," the filing said. Coal Minister Pralhad Joshi on Tuesday discussed ways to improve coal stocks at thermal power plant

Coal India arm MCL dispatches over 5.47 lakh tonnes of dry fuel

The statement assumes significance in the wake of the country's power plants grappling with coal shortages.

Aluminium plants grappling with critically low level of coal stock: AAI

Aluminium plants in the country are grappling with critically low level of coal stocks and if the fuel supply is not restored immediately it would lead to irrevocable collateral damage, industry body AAI warned on Friday. The statement comes at a time when the supply of coal by CIL to non-power sectors has been kept suspended temporarily amid electricity generating plants in the country facing fuel shortages. "Today also, aluminium industry has not received any relief with respect to the ongoing coal supply crisis. Indian aluminium plants are grappling with critically low levels of coal stock, with no recourse or alternative means to meet their power needs and keep the plants operational," Aluminium Association of India (AAI) said. It further warned that if coal supply is not restored immediately, it would lead to an irrevocable collateral damage of these national assets. "Any power outage in aluminium plants will lead to catastrophic impact & complete shutdown which will take ...

Coal India to refrain from e-auction till stock situation stabilises

Amid the low stock position at the electricity generating plants, state-owned CIL has asked its subsidiaries to refrain from conducting any further e-auction of coal

India and China's coal mining revival holds an energy crisis lesson

Coal India Ltd., the world's top miner of the commodity, has temporarily stopped deliveries to all consumers in the country other than power stations, even as it boosts deliveries from mines