Page 21 - Coal Industry

Domestic coal supply to be made proportional, says Power Ministry

It has issued a circular directing certain actions to be taken on priority to enhance the supply of domestic coal

Recover coal companies dues from utilities vigorously, suggests Par panel

The Standing Committee on Coal, Mines and Steel in its report tabled in Parliament said that a huge amount of dues are outstanding from the states and other utilities

Coal still at heart of China energy plan after annual parliamentary meeting

Energy security worries have already driven mining output to record highs and seen new coal-fired power plants go into construction.

Rs 745 cr collected from coal, other minerals in last 3 years: Minister

Over Rs 754 crore was collected as revenue from coal and other major minerals during the last three years, Meghalaya Commerce and Industry Minister Sniawbhalang Dhar told the state Assembly

Coal India subsidiary BCCL's output up by record 61% in February to 3.24 mt

Coal India's subsidiary BCCL has posted a record 61% growth in its production to 3.24 million tonne (mt) in February this year over the corresponding month last fiscal, a company statement said

JSW Steel, JSPL, Balco, others put in 26 bids for 11 coal mines

JSW Steel, Jindal Steel & Power Ltd and Bharat Aluminium Company Ltd were among the 21 firms that put in bids in the latest auction of coal mines, the government said on Wednesday. In all, 26 bids were received for the auction of coal mines under the fourth tranche of sale of coal, the coal ministry said in a statement. Five of the 11 coal mines put on auction received single bids. The Gare Palma IV/6 mine in Chhattisgarh received a maximum of eight bids. The mine was originally allotted jointly to Jindal Stel & Power Ltd (JSPL) and Malwa Sponge Iron Ltd in January 2006 to meet the coal requirement of their respective sponge iron plants in nearby Raigarh and Taraimal districts, respectively. However, the allocations, along with others, were cancelled by the Supreme Court 2014. Utkal B1 & B2 mines in Odisha received six bids, while Chinora in Maharashtra got four and three bids came in for Rabodih OCP in Jharkhand. "The process of 4th tranche of the auction of coal mines ...

China's Russian coal purchases stall as buyers struggle to secure financing

Russia accounted for roughly 15% of China's total imports and was its second largest supplier behind Indonesia

Union Cabinet approves offering of coal via common e-auction window

The approval was given during a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi

'Russia-Ukraine crisis to further hamper coal supply to CPPs, industries'

According to the Indian Captive Power Producers Association, amid rising energy prices globally, electricity producers will pressurise the government for more domestic coal to fulfill their demand

CIL looking to offer over 100 closed, discontinued mines to private sector

'The Ministry of Coal held a stakeholder consultation on revenue sharing model for discontinued/closed mines of CIL here today with the private sector,' the statement said

Pralhad Joshi urges CIL to achieve production targets for FY22, FY23

Coal India, accounts for over 80 per cent of domestic coal output, has a production target of 670 million tonnes for the 2021-22 financial year

Pralhad Joshi discusses environmental compliance of coal, lignite companies

Coal secretary A K Jain briefed the committee about creation of a Sustainable Development Cell (SDC) in the ministry to advise, mentor, plan and monitor environmental sustainability of coal mines

Govt plans new digital infra to support domestic coal mines operations

Technological advancements in coal mining are also making operations more productive.

Coal India fuel supply reaches 575 million tonnes so far this fiscal

State-owned CIL has supplied 575 million tonnes (MT) of coal so far this fiscal, surpassing the total dispatch of dry fuel in 2020-21.

'Survival of certain Coal India subsidiaries at stake without price hike'

In an effort to tide over inflationary pressure, the miner will likely raise prices after the assembly elections in five states, including Uttar Pradesh, in March, the sources said

Non-power coal users claim supply shortage; government denies it

Coal India Ltd, which accounts for more than 80% of India's production of the fuel, and the federal coal ministry, deny there is a problem

Major institutions provided $1.5 trillion to coal industry from 2019-2021

Banks continue to fund 1,032 firms involved in the mining, trading, transportation and utilisation of coal, the research showed

India's coal production rises 6% to 79.60 million tonnes in January

India's coal output stood at 75 million tonnes (MT) in January 2020

Coal India Q3 net profit rises 48%; board approves interim dividend of Rs 5

Consolidated revenue from operations rose 20% to Rs 28,434 cr

Indonesia's coal export ban nearly wipes out January trade surplus

Authorities on January 1 announced an unexpected suspension of all coal exports due to critically low inventory of the fuel at domestic power plants