Page 32 - Coal Industry

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

Coronavirus lockdown: Coal India extends payment deadline till April 21

Pending demand for Deferred Payment Letters of Credit implemented as additional mode of payment along with irrevocable revolving L/C for coal supplied to power producers, especially IPPs

Major ports show muted growth in cargo as thermal coal volume slides 15%

Visakhapatnam port upstaged others in cargo throughput growth, recording 10.98 per cent increase

Cabinet relaxes norms to mine, sell coal; entry for foreign players eased

The announcement comes four years after the Centre enabled commercial mining and sale of coal by private companies under the CMSP Act, 2015

SC seeks govt response on plea challenging provisions of Coal Mines Act

A bench comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant issued a notice to Ministry of Coal and Ministry of Law and Justice, seeking their response in four weeks

Slide in coal volumes pulls down cargo volumes to 0.4% at major ports

In contrast, coal volumes grew by 11 per cent in FY19

Two hurdles in the transition from coal-based power to renewable energy

A fine balance is needed between the two sources of electricity in order to enable the wider use of renewables

Coal crunch roils captive power plants after MCL's output declines steeply

Mahanadi Coalfield's output plummeted 33 per cent in September, engendering huge shortage for CPP-based industries

NCL eyes coal production of 115MT by FY'24, focus on offtake by railways

The coal ministry has advanced the one billion million tonnes production target of Coal India Limited by two years to 2023-24 which will force the mining behemoth to revisit its production plan

Govt to now offer coal mines to private companies only for commercial work

Captive production allowed, companies can sell coal in open market

India has increased coal capacity by 82.3 Gw, China by 290 GW: Report

A Global Energy Monitor report from January 2018 to June 2019 said countries outside of China decreased their total coal power capacity by 8.1 GW, while China increased its coal fleet by 42.9 GW

State govt-run power firms hit by huge cost of transporting their own coal

Freight cost comes to Rs 1000 per tonne; Firms submit plan to offer some coal from their mines in Chhattisgarh to power units in that state

After day-long strike, coal unions meet on Monday to decide plan of action

If unions resort to strike, Coal India's production target might go haywire

Contractor market in coal mining to grow to Rs 60,000 crore by 2030: KPMG

KPMG has also looked at some of the active mining contractors and compared their financial and technical competencies

Private coal producers told to pull up socks to boost production

Coal Secretary Sumanta Chaudhuri calls upon allottees to go extra mile with govt to operationalise the mines

How one billionaire kept three nations hooked on coal for decades

The story of Adani and its Australian project illustrates why the world keeps burning coal despite its profound danger

Near-term worries outweigh Coal India's Q1 gains; stock falls 1.6%

Further fresh auction of coal mines to private players can also lead to higher competition for Coal India

Odisha Mining Corp's coal mine foray stumbles on lack of evacuation infra

Lack of clarity on overburden dumping area use has also impeded progress of the commercial coal mine