Page 24 - Coal Industry

'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

Coal crunch has been 'catastrophic' to non-power sector: Industry groups

Coal India on Saturday said it is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector which is the company's average supply to this segment

World's biggest miners brace for change after period of 'bumper profits'

The pandemic has been a double-edged sword for the sector over the six months and China's economy is adding to the uncertainty.

Coal India has sufficient buffer stock for non-power sector: Govt

Coal India is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector, says govt

Jindal Steel and Power, Hindalco bag coal mines in Odisha in auction

BS Ispat Ltd emerged as the highest bidder for Majra mine in Maharashtra, Assam Mineral Development Corporation bagged Garampani coal block in Assam

NTPC could build new coal-fired power plants if needed, says chairman

India's top power producer NTPC Ltd could build new coal-fired power plants if needed, the state-run company's Chairman Gurdeep Singh said on Friday.

Indonesia starts construction of $2.3 billion coal gasification plant

In 2021, Indonesia consumed 7.95 million tonnes of LPG, 6.4 million tonnes of which were imported,

Govt launches portal to share key performance indicators of coal sector

The portal was launched by Coal Secretary Anil Kumar Jain

Bidding for CBM blocks to start on Feb 15, end on March 15, says DGH

Bidding for 15 blocks offered in the first coal-bed methane (CBM) round in more than a decade will start on February 15 and end on March 15, the Directorate General of Hydrocarbons (DGH) said

NTPC to raise $750 mn via ECB term loan for expansion in RE, coal mining

The loan shall be unsecured, without any guarantee or letter of comfort from Govt of India

MCL offers 2.25 mn tonne coal to power consumers via road-cum-rail mode

CIL arm Mahanadi Coalfields Ltd said it has offered 22.5 lakh tonnes of coal to power consumers via the road-cum-rail mode

CIL's capex for April-December rises 37% YoY to Rs 10,717 crore

CIL's capex spend during the referred period marks 86.3 per cent of the progressive target achievement

Adhunik Power emerges as preferred bidder for coal mine in J'khand

Auro Coal Pvt Ltd has emerged as preferred bidder for Beheraband North Extension coal block in Madhya Pradesh, the coal ministry said in a statement

Captive power producers urge govt to ensure normal coal supplies

The Indian Captive Power Producers' Association (ICPPA) alleged that independent power producers did not build up the required inventories which led to the supply crisis

India's coal import declines 27% to 16 mn tonnes in October

India's coal import registered a decline of 26.8 per cent to 15.75 million tonnes (MT) in October over the same month a year ago. The country had imported 21.50 MT of coal in October 2020, according to data compiled by mjunction services. "India's coal and coke imports in October 2021 through the major and non-major ports are estimated to have decreased by 26.8 per cent over October 2020," it said. mjunction -- a joint venture between Tata Steel and SAIL -- is a B2B e-commerce company and also publishes research reports on coal and steel verticals. However, coal import in October was up 6 per cent as compared to 14.85 MT imported during September 2021, the data show. Of the total import in October 2021, non-coking coal was at 9.47 MT, against 14.46 MT imported in October last year. Coking coal import was at 4.05 MT, lower than 4.92 MT imported in October 2020. During the April-October period of the ongoing fiscal, total coal import stood at 123.09 MT, about 5.4 per cent higher t