Page 28 - Coal Industry

CIL finalises Rs 5,900 cr heavy machinery contracts to bolster production

Early this year, the company had said it was looking at spending around Rs 7,000 crore on heavy equipment to bolster production

CIL output may fall below 600 MT in FY21 on sluggish demand: Analysts

The miner could end the current year with the production of around 580 million tonnes of coal as against its revised target of 650-660 million tonnes, they said

Thermal, coking coal imports dip 28% to 46 mn tonnes in Apr-Aug: IPA

Thermal coal imports dropped 25.42 per cent to 28.93 MT and coking coal shipments fell 31.87 per cent to 16.84 MT during this period

Don't throw away funds supporting fossil fuel industries: UN chief to govts

The U.N. chief noted that large investors are already pulling their money out of heavily polluting industries, especially coal

Despite soft performance in June quarter, worst behind for Coal India

With the lockdown impacting the economy, coal demand from power producers and other industries suffered, too

Coal India Q1 profit plunges 55% to Rs 2,080 cr due to lower sales

CIL he company had posted consolidated profit from "continuing operations" of Rs 4,629.67 crore in the year-ago period, the PSU said in a filing to BSE

Coal India to create additional board level post to push biz development

As such, at present, there are five Board level posts in CIL including CMD

Govt plans cut in coal imports in coming years to save forex, create jobs

Coal is among the top five commodities imported by India, the world's largest consumer, importer and producer of the fuel after China

Coal India seeks 15% concession from railways for coal transportation

Out of 126 coal-based thermal plants linked with CIL, 14 plants located over 1,400 km distance are eligible for the freight concession presently.

Pay hike, allowances for contract workers in wage deal with NLC India

Settlement will be in force till December 31, 2026, will benefit 14,000 contract workmen

Jharkhand to get Rs 18,889 cr revenues from coal mined by CIL in next 4 yrs

The state earned almost Rs 4,000 crore every year during the last four years, that is around Rs 16,000 crore, he added

Energy pricing: Centre may allow Chinese miners to bid in coal auctions

The first of a two-part series analyses how price signals have been planned in coal sector reforms

Situation remains uncertain as some states still under lockdown: Coal India

The state-owned miner produced 18.05 million tonnes (MT) of coal from July 1 to July 16 against 19.61 MT produced in the same period last year.

Install washeries at all coal mines to provide affordable fuel, says JSPL

Washing coal increases the efficiency and quality of the dry fuel.

Auction for commercial coal mining begins with investor-friendly rules

There is effectively no strict eligibility criterion for participating in the auction. The companies/joint ventures should be registered in India.

Coal India output falls 11% to 41 MT in May, coal offtake up at 39.95 MT

Coal India accounts for over 80 per cent of domestic fuel output

CIL's coal quota under e-auction for non-power sector up 3-folds in Apr

The scheme was launched in 2015-16 to make coal available to non-power consumers, including captive power plants

Effective regulations and coherent policy essential for mining sector

The Ministry of Mines is now proposing a major shift in policy that can bring more than 700 mineral blocks into the auction mandate

Chhattisgarh asks Centre for its share of coal money to fight Covid-19

State CM sent reminder to coal minister Prahlad Joshi seeking release of Rs 4,140 cr

PM Modi holds series of meetings to boost economy amid coronavirus crisis

He reviewed the state of investments, the defence and aerospace sector and the mine and mineral sector