Coal Industry

New coal exchange rules set to regulate trading, formalise market structure

The Coal Exchange Rules establish a framework for electronic coal trading, transparent price discovery and stronger governance, marking a major shift in India's coal market

₹37,500-cr coal-gasification scheme links incentives to competitive bids

Scheme links incentives to competitive bids and project milestones, with subsidy caps and penalties to accelerate coal gasification and reduce import dependence

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

India's core sector growth slows to seven-month low of 0.5% in May

The expansion during the month under review is slightly down compared to April, when these sectors grew by 1.8 per cent

Coal gasification project to strengthen India's energy security: Reddy

Union Coal and Mines Minister G Kishan Reddy on Saturday said the beginning of the coal gasification project marks a historic step towards converting India's abundant coal resources into value-added products, which will strengthen the country's energy security and promote import substitution. Reddy said this after Prime Minister Narendra Modi virtually laid the foundation stone for the Rs 25,000 crore Coal-to-Ammonium Nitrate Project of Bharat Coal Gasification & Chemicals Limited (BCGCL) in a meeting at Rairangpur in the presence of President Droupadi Murmu. The Union minister attended the meeting by physically remaining present at the project site in Lakhanpur in Jharsuguda district. "The project is targeted for commissioning by September 2029," an official said. Reddy, in a post on X, said: "The project will strengthen India's energy security, promote import substitution, reduce dependence on critical imported chemicals and feedstocks, generate employment opportunities, and ...

PM Modi to launch development projects worth ₹47,600 crore in Odisha

The Prime Minister will inaugurate and lay foundation stones for projects spanning energy, roads, irrigation, health, education and industrial infrastructure

PM Modi to launch Rs 25,016 cr coal gasification project in Odisha

The project will house India's first commercial-scale coal-to-ammonium nitrate facility and is aimed at boosting energy security and reducing import dependence

Coal gasification projects worth ₹65,000 cr under execution: Coal secy

Government says eight projects backed by incentive support are under implementation as India pushes coal gasification to reduce import dependence and boost industrial capacity

Coal Minister flags disappearance of 4 mn tonnes of coal; seeks probe

Union Coal Minister G Kishan Reddy has written to the Telangana government, flagging reports that 40 lakh tonnes of coal worth about Rs 1,600 crore is missing and urging an urgent inquiry to ascertain the facts and safeguards at Singareni Collieries Company Ltd (SCCL), already strained by unpaid dues of over Rs 51,500 crore. In a letter dated June 10, 2026, to Telangana Chief Minister A Revanth Reddy, the Union Minister said that "a news item published across various newspapers relating to the disappearance of 40 lakh tonnes of coal worth Rs 1600 crore, resulting in significant financial loss to the company. "Given SCCL's current financial position due to unpaid dues exceeding Rs 51, 500 crore from the Telangana government, these allegations could further hamper the financial stability of SCCL." The Singareni Collieries Company Ltd SCCL) is jointly owned by the Government of Telangana and the Centre on a 51:49 equity basis. Reddy said that such allegations if not examined with ...

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

Rising demand, production recovery could support gains for Coal India

Rising power demand, thermal generation growth and value unlocking at MCL could support Coal India, though margin pressures remain a near-term concern

Trump plans $700 mn in new coal support using Cold War-era defence powers

Trump admin has framed energy issues in existential terms as it eyes domestic need to sustain power-hungry AI data centers and aims to marginalise foreign adversaries that hold fossil fuel reserves

India's energy investment likely to reach $170 billion in 2026, says IEA

The IEA said India's energy investment growth has been driven by solar, coal, transmission and battery storage infrastructure expansion

Coal India's coal gasification push may see ₹60,000 crore investment

Coal India's three planned gasification projects could attract investments of up to ₹60,000 crore as India pushes cleaner coal utilisation

Coal Ministry to issue tender for ₹37,500-crore gasification scheme

The Centre plans to release the draft RFP next week as part of efforts to attract up to Rs 3 lakh crore in coal gasification investments

Coal India plans syngas production units as gas supply concerns rise

State-owned Coal India plans to set up coal-to-syngas production units either at pithead locations or adjacent to user industries such as fertiliser units, direct-reduced iron and gas-based power plants amid disruption in gas supplies due to the West Asia conflict, sources said. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, has already initiated steps to develop such coal-to-syngas facilities. In line with the National Mission on Coal Gasification and the government's vision to enhance domestic chemical and feedstock security, CIL intends to set up coal-to-syn-gas facilities to cater to the market demand for syn-gas in gas-based power plants/DRI or fertiliser plants, sources said. The company plans to develop such facilities either on Build-Own-Operate (BOO) or Build-Operate-Maintain (BOM) basis, with syngas to be produced from coal by developers or consortia, they said. Syngas serves as a versatile feedstock for the production of clean fuels, .

Reorienting usage: Coal gasification can reduce energy import dependence

India produced more than 1 billion tonnes of coal in FY25 and possesses one of the world's largest coal reserves

More output, fewer workers: Why are labour-heavy industries becoming leaner

Rising production, ageing workforces, and rapid automation are pushing India's industrial companies towards leaner, productivity-driven workforce structures