The Coal Consumers Association of India (CCAI) has made a plea to the government to resume rake-based supplies to the non-power sector in a bid to maintain cost competitiveness and sustain operations. Despite Coal India's production and despatches improving considerably this year, the supply of dry fuel to the non-power sector continues to languish below optimal levels amidst spiralling costs. This situation has led to the non-power sector relying on road-based supplies, in turn leading to soaring costs for its constituent industries. Converting rail quantities to road offtake often attracts higher premiums than those already paid to Coal India Ltd (CIL) for rake-based supplies, CCAI said. "...converting rail quantity to road offtake may often lead to a higher premium for coal which may be more than the premium paid to CIL for supply via rail mode. This is invariably adding the additional burden of cost on the NRS (non-regulated sector) consumers on top of the higher transportation
Coal India, companies with captive coal mines in steel, power and other sectors will be at an advantage
Ramgarh, Dec 16 (IANS/ 101 Reporters) Kanija Fatma (40) and her husband Riyamuddin Ansari work as tailors in minority-dominated Maganpur village in Ramgarh district of Jharkhand in eastern India
Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time, according to an International Energy Agency report
India imported 131.92 million tonne of coal worth Rs 2.3 lakh crore in April-September period of ongoing financial year. In FY22, the country's coal import of 208.93 million tonne (MT) was worth Rs 2,28,741.8 crore, Coal Minister Pralhad Joshi said in a reply to the Rajya Sabha. The coal import was 215.25 MT in FY21, 248.54 MT ( FY20), 235.35 MT (FY19) and 208.25 MT (FY18), the minister said. Import of coal in India consists mainly of coking coal and high grade coal, whose prices are normally higher than thermal coal. The average landed price per tonne of imported coal up to September of current financial year was Rs 19,324.79 while the average notified price per tonne (ex-colliery) of domestic coal was Rs 2,662.97 in the same period. India imports coking coal and other high gross calorific value (GCV) coal as domestic production is limited due to either scarce reserves or non-availability. Imported coal based (ICB) power plants in the coastal region import coal as they are so .
India must consider energy transition partnerships
India's total coal production went up by 11.66 per cent to 75.87 million tonnes in November 2022 from 67.94 million tonnes recorded during the corresponding period of last year
Out of the 141 coal blocks which the Centre has put up for commercial auction, 62 mines are old which had gone unsold during previous attempts; hence they have been modified
Here is the best of Business Standard's opinion pieces for today
Sticks to coal phase-down, seeks 'phase out and rationalisation' of fossil fuel subsidies
CIL has set a target of 700 million tonnes (MT) for FY23
The war in Ukraine has forced India to review its plans to scale back the fuel in the overall energy mix
Larger shares of the state-owned miner's production are sold significantly below global benchmark prices, deterring global investors from participating in divestment plans
India is the world's second-largest coal-producing nation (770 million tonnes per annum) and coal accounts for 50 per cent of the 407.79 Gw of electricity generation in the country
"If it was not for the Iranian supply of weapons to the aggressor, we would be closer to peace now," Zelensky said Sunday evening in his daily address
The dispatch of coal to the power sector registered 5.5 per cent decline at 56.49 million tonne last month. The coal supply to the power sector was at 59.79 million tonne (MT) in October 2021. "The power utilities dispatch has reduced by 5.51 per cent to 56.49 MT during October 2022 as compared to 59.79 MT in October 2021," provisional statistics of the coal ministry showed. However, in April-October period of ongoing financial year, the dispatch increased 13.07 per cent to 413 MT from 365.25 MT in the year-ago period. The overall dispatch of the dry fuel to different sectors in October also dropped to 67.02 MT from 70.21 MT in the year-ago period. The supply to captive power plants also fell to 3.54 MT from 4.97 MT. Many states faced power outages due to shortage of coal in the summer season this year. However, the coal ministry had said the "power crisis" happened mainly on account of the sharp decline in electricity generation from different fuel sources and not due to the ...
On Novemebr 3, Union Finance Minister Nirmala Sitharaman launched the biggest ever coal mine auction of 141 mines in India
Retired Employees Association says nearly 270,000 pensioners are getting less than Rs 2,000 a month as pension
Even though coal is back on the table, renewable energy is growing strongly
The coal ministry has auctioned close to 64 coal mines to date under commercial auction