Page 18 - Coal Industry

Coal India powers productivity spurt, but can it sustain the pace?

The furious pace of production has helped prevent the blackouts of last year but there are questions over whether the state-owned miner can sustain the pace

Domestic steel prices inching up on rising cost, pick-up in demand

Currency depreciation of over 6% may have supported uptrend; industry players confident that prices have bottomed out

Gencos procure 5.8% of total order value from Coal India's import tenders

CoalMin confident that domestic supply will meet festive season's power demand

Coal crisis hits SAIL's Bhilai steel plant output in Chhattisgarh

A stranded ferry from the Visakhapatnam port is cited to be the reason for plunging it into a deep crisis.

India may boost coal power fleet 25% by 2030 amid rising energy demand

The world's third-biggest emitter of greenhouse gases will add nearly 56 gigawatts of coal power capacity unless there's a substantial drop in the cost of storing electricity

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

Coal companies to bring more than 2,400 ha area under green cover this year

Coal companies are hopeful of beating this year's target of bringing more than 2,400 hectares of area in and around coalfields under green cover by planting more than 50 lakh saplings, the government said on Tuesday. Greening initiatives of the coal sector will help generate an additional carbon sink of 2.5 to 3 billion tonnes of CO2 equivalent through additional forest and tree cover by 2030. Greening drive is in full swing in coal mining areas and about 1,000 Ha of land has already been covered through block and avenue plantation, grassland creation, bamboo plantation and high-tech cultivation by August 15. "With the achievements made so far, coal companies are confident of surpassing this year's greening targets," the coal ministry said in a statement. Coal companies have not only met the increasing energy demand of the nation at the current time of global energy crisis but also shown their sensitivity and carefulness towards the environment. The companies have adopted several

17 mineral mines taken back from states over non-production: Pralhad Joshi

In March, Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2021

Chhattisgarh: New mines give South Eastern Coalfields a ray of hope

The coalfields are part of Central India Coalfields and the mines are developed and operated by SECL, a Chhattisgarh-based arm of state-run Coal India (CIL)

China's July Russian coal imports hit five-year high as West shuns Moscow

China's coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal

India may delay coal plant closures amid crisis in blow to climate action

India's government is studying a slower retirement of aging coal-fired power plants as it also adds newer sites, a move that would keep fossil fuel capacity higher for years

Russia becomes India's third-largest coal supplier in July, shows data

India's imports from Russia have jumped nearly five times to over $15 billion ever since Russia invaded Ukraine

Railways freight transport up 8% in July as it carries coal nationwide

The transporter has recorded 11 per cent increase in cumulative freight loading this financial year

Centre revokes mandatory coal import target after many flip-flops

NTPC and Coal India had awarded import contracts to Adani

Monsoon session: Green nod for 10 expansion projects of Coal India

The government had earlier eased the norms for coal mine expansion in the wake of supply crunch in summer months

Coal crisis: Steel makers in Chhattisgarh look to enhance supply

The mineral-rich state contributes about 20 per cent to the country's secondary steel output

How CIL is chasing the monsoon to reduce coal supply disruptions

After long power outages owing to coal shortages over two years, the government and its principal producer have drawn up an integrated plan to preclude the annual seasonal supply dislocations

CIL earns revenue worth over Rs 1.52 trn from coal sales in FY22: Govt

State-owned CIL has earned revenue worth over Rs 1.52 lakh crore from coal sales in financial year 2021-22, Parliament was informed on Wednesday. Coal India (CIL) earned revenue by selling 661.89 million tonnes of coal in the last fiscal year. In a written reply to the Lok Sabha, Coal Minister Pralhad Joshi said the mahartana firm has garnered Rs 29,400 crore by selling 177.59 MT of coal in the April-June period of the ongoing financial year. The revenue figure of the first quarter of FY'23 is provisional, it added. While in FY'21, CIL earned Rs 1,26,786.13 crore from sale of coal, in FY'20 the figure stood at Rs 1,34,979.13 crore. In a bid to increase the revenues of the public sector companies operating in the coal space, the government has given them a go-ahead for diversifying into other sectors including renewable energy. The captive mine owners, other than atomic minerals, can sell up to 50 per cent of their annual mineral, including coal, in the open market after meeting t

Traffic surge at ports a sign of India's economic revival: Report

Both coal and crude oil grew 16 per cent year-on-year (YoY), accounting for 105 mt and 65 mt of traffic in the first quarter, even on the back of record high prices

High freight rates, rake shortage hit coastal coal shipping plan

Inadequate rake supply continues to haunt railways despite its numerous claims of intervention