Page 27 - Coal Industry

RBI may hike rates in March qtr; coal and chip shortages a worry: Nomura

The brokerage upped its consumer price index (CPI) inflation target for 2022 to 5.2 per cent from 5 per cent earlier.

Many CMs have written to Centre about coal shortage: CM Kejriwal

The Ministry of Coal on Sunday reassured the country that ample coal is available in the country to meet the demand for power plants.

'Switch off': Coal supply crisis has discoms scrambling for solutions

Some plead Centre for more coal, others ask consumers to save electricity

Coal crisis: Tata Power asks Delhi customers to use electricity judiciously

Coal-based power stations supplying electricity to Delhi discoms have coal stocks to meet generation requirements for one-two days against 20 days as per applicable regulations, says TPDDL CEO

India tweaks policy to use biomass pellets in coal-fired power plants

The policy will come into force in October 2022

Coal crunch: 64 power plants left with less than 4 days of dry fuel stocks

Power Minister R K Singh had reportedly termed the coal shortage as way beyond normal

CIL announces performance reward of Rs 72,500 per non-exec employee

State-owned Coal India on Tuesday announced a performance-linked reward of Rs 72,500 per employee to all its non-executive cadre workforce for financial year 2020-21. The payment of performance-linked reward (PLR) would be made on or before October 11, 2021. "Non-executive cadre employees of Coal India Ltd (CIL), its subsidiaries and Singareni Collieries Company Ltd (SCCL) will get an amount of Rs 72,500 as PLR for financial year 2020-21," the Maharatna firm said in a statement. The decision was taken on Monday in a bipartite meeting of representatives of Central Trade Unions (CTUs), who are members of the standardisation Committee of JBCCI-X and management of CIL and SCCL held at CIL Office in New Delhi, the statement said. "Govt under PM @narendramodi ji is committed to the welfare of #CoalWarriors. In recognition to their nation-building efforts, performance-linked reward has been increased from Rs 68,000 to Rs 72,500 per person, this year. @CoalIndiaHQ @PRO_SCCL," Coal and Min

Energy crisis: India says coal crisis could drag on as long as six months

More than half the nation's plants are on alert for outages after surging electricity demand and a slump in local coal output eroded stockpiles

Coal giant NTPC said to plan IPOs of three units, could raise $2 billion

The company is also looking to sell its stake in NTPC-SAIL Power Co, a joint venture with Steel Authority of India Ltd. for supplying electricity to the steelmaker's mills and townships

India coal crisis brews as power demand surges, record global prices bite

Over half of India's 135 coal-fired power plants have fuel stocks of less than three days, government data shows, far short of federal guidelines recommending supplies of at least two weeks

Explained: Global energy shortage or a coincidence of regional crises?

Gasoline stations running dry in Britain. Power costs surging in the European Union ahead of winter. Forced restrictions on energy use in China. And rising prices for oil, natural gas and coal

China's end to overseas coal financing could free $130 bn for clean energy

China's pledge to end overseas coal financing will impact 44 coal plants totalling 42,220 megawatts (MW) of capacity, according to Global Energy Monitor's updated Global Coal Public Finance Tracker

Coal India to ramp up supplies to address utilities' fuel shortage

India's federal power ministry over a month ago flagged a coal shortage driven by rising electricity demand

Coal shortage deepens in India amid plunging plant inventories

Electricity demand from India's state distribution utilities rose more than 10% in July and 18% in August

India, Australia hold first Joint Working Group meet on coal, mines

Avenues for B2B collaboration on coal technology, transfer of technology, cooperation on skill development and training, issues related to coking coal import from Australia were discussed

China's overseas coal power retreat could wipe out $50 bn of investment

President Xi's announcement could impact 44 projects in Asia, Africa

India moving away from coal slowly, considerable progress by states: Study

Study finds there has been a 76 per cent reduction in proposed coal power since the Paris Agreement was signed in 2015, bringing the end of new coal construction into sight.

Asia's coal prices hit new highs as global utilities scramble for fuel

BEIJING/CHENNAI (Reuters) - Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said.

Unnecessary coal plants could waste India's Rs 247,421 cr, says report

A total of 27 GW of pre-permit and permitted new coal power plant proposals in India are now superfluous to its electricity requirements

Supply to power plants carrying stock of 0-6 days prioritised: Coal India

State-owned CIL on Thursday said it has launched a multi-pronged effort to help build up coal stocks at power plants