Page 19 - Coal Industry

Near-term margin pressures for JSPL on likely tapering of steel prices

Captive coal availability and zero-debt target by the end of the year are positives

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

Coal India's capex rises 65% to Rs 3,034 crore in June quater of FY23

Coal India's capital expenditure was Rs 1,841 crore in April-June period of last financial year

Indonesia's Bara Daya Energi outbids Adani in CIL tenders for coal imports

The Indonesian company quoted Rs 4,331 crore for the eastern coast tender and Rs 4,497 crore for the west coast.

Indonesian firm Bara Daya lowest bidder in Coal India's import tender

Bara Daya Energi is blacklisted by Gujarat and was rejected by CIL in first tender

Production from captive, commercial coal mines rises 79% in June quarter

The production from captive and commercial coal blocks has increased by 79 per cent to 27.7 Million Tonnes (MT) in the June quarter. The coal ministry also expressed hopes that the targeted production of 32 MT from captive and commercial mines during the second quarter of FY23 will be achieved. "Production from coal blocks during the first quarter of financial Year 2022-23 was reviewed by the Additional Secretary and Nominated Authority, the Ministry of Coal on July 6, 2022 in the presence of project proponents. Coal production achieved during the first quarter is 27.7 MT which is 79 per cent higher than 15.5 MT coal produced during same period in FY 2021-22," the coal ministry said in a statement. The government also appreciated the efforts of coal blocks owners in achieving such high growth. Two coal blocks sold last year under commercial mines auction have become operational and produced 1.57 MT in the first quarter, it said. At present, a total of 36 captive and commercial min

Top headlines: Johnson quits as UK PM; startup funding down 33% in June qtr

Bowing to the inevitable as more than 50 ministers quit and lawmakers said he must go, an isolated and powerless Johnson spoke outside his Downing Street to confirm he would resign

India's coal-based power generation rises 27% in June: Govt data

The overall power generation in June 2022 has been 17.73% higher than the power generated in June 2021

Railways stakes claim for coal transport planning, fix 'big mismatch'

Coal freight is railways' biggest source of revenue, earning it Rs 67,000 crore in 2021-22

AEL lowest bidder in CIL's maiden import tender, miner may negotiate price

Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, sources said

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 India says enough supplies, advises power plants to stock up

CIL has called for bids to supply 2.4 mt of coal to be delivered for the July to September 2022 period

Coal ministry seeks inclusion of 5 mine pit lakes in Ramsar wetland list

The coal ministry on Wednesday said it approached the environment ministry for inclusion of five coal mine pit lakes in West Bengal, Odisha, Jharkhand and Madhya Pradesh in the list of Ramsar sites. The list of Ramsar sites includes wetlands of international importance identified as per the Ramsar Convention, an intergovernmental treaty established in 1971 by UNESCO, which came into force in 1975. Wetlands, often known as 'liquid assets', are crucial natural resources that help stabilise water supplies, cleanse polluted waters, protect shorelines and recharge groundwater aquifers. "The suitability of coal mine pit lakes for inclusion in Ramsar list was discussed with MoEFCC (Ministry of Environment, Forest and Climate Change), the nodal ministry for identification of wetlands for placing on the Ramsar list," the coal ministry said in a statement. As per the guidance of MoEFCC, Coal India has identified five pit lakes situated in West Bengal, Odisha, Jharkhand and Madhya Pradesh for

Polluting, expensive: No end in sight to price India pays for imported coal

With domestic production targets slipping, India needs to buy record quantities of the world's most polluting fuel at a time when prices are rising

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

Europe may return to coal to stave off power shortage as Russia cuts supply

Germany may take 'painful' move to fire up coal power; Italy, Austria also looking at burning more coal; surging gas prices add to already rising inflation

Govt aims to build 40 Mt coal stock at plants to ensure monsoon supplies

The government is gearing up to increase the stock of coal at power plants to 40 million tonne (MT) during the monsoon season, power minister R K Singh said.

India's coal production rises 34% YoY to 71.3 mn tonnes in May

The country's coal production registered a rise of 33.88 per cent to 71.30 million tonnes (MT) in the month of May. Coal output in the corresponding month of the previous fiscal was 53.25 MT, as per provisional data of the Ministry of Coal. Of the top 37 coal producing mines, 23 produced more than 100 per cent, while the performance of 10 mines stood between 80 and 100 per cent, the ministry said. The thermal power generation went up by 26.18 per cent in May over the corresponding month of the previous fiscal. "The overall power generation in May 2022 has been 23.32 per cent higher than in April 2021 and 2.63 per cent higher than the power generated in April 2022," it said. Coal-based power generation dropped by 3.82 per cent to 98,609 million units (MU) in May against 1,02,529 MU in April 2022. However, total power generation increased to 1,40,059 MU in May against 1,36,465 MU in April 2022 on account of hydro and wind energy.

India to ramp up coal output to reduce dependence on imports: Moody's

The government has recently mandated CIL to import coal as an emergency measure to avoid a shortage of coal for the country's power utilities and build up buffer stock

Undertaken 13 rail projects for multimodal connectivity: Coal Ministry

In line with the goal of PM Gati Shakti, the coal ministry on Thursday said it has undertaken 13 rail projects to develop multimodal connectivity and identified missing infrastructure gaps