Page 9 - Coal Industry

China plans to cut CO2 emission in key sectors by 1% of 2023 level

The plan said China would 'strictly' control coal consumption, 'reasonably' control petroleum consumption and promote use of biofuel and sustainable aviation fuel

Coal India incorporates new subsidiary for coal-to-chemical business

State-owned Coal India on Tuesday announced the incorporation of a subsidiary firm, Bharat Coal Gasification and Chemicals Ltd (BCGCL) for undertaking a coal-to-chemicals business. Coal India (CIL) holds a majority 51 per cent stake in the new entity while the remaining 49 per cent is owned by BHEL, the coal behemoth informed the BSE. Coal India in February signed a joint venture agreement with Bharat Heavy Electricals Ltd (BHEL) for undertaking a coal-to-chemicals business. Clearance of NITI Aayog and the Department of Investment and Public Asset Management (DIPAM) has been received for the formation of the joint venture company between BHEL and CIL, the filing said. "Bharat Coal Gasification & Chemicals Ltd has been incorporated...for coal to chemicals business to produce ammonia and nitric acid as intermediate products and ammonium nitrate as end product," the filing said. Meanwhile, CIL had signed a Memorandum of Understanding (MoU) with GAIL for setting up of ...

Vedanta Aluminium turning to renewables, not adding coal capacity: CEO

Coal accounts for nearly 50% of the country's installed power capacity of 443 GW

BEML bags order worth Rs 250 cr from Northern Coalfields for dump trucks

BEML Ltd has secured an order worth Rs 250 crore from Northern Coal Fields Limited (NCL) for the supply of 28 units of BH100 rear dump trucks, the company said on Friday. The BH100 rear dump truck is engineered to transport payloads of up to 100 tonnes, specifically designed for the efficient handling of overburden and coal in mining operations, they said. In a statement, BEML Ltd said, "The dumpers will be maintained under a Guaranteed Spare Parts contract for a period of five years, ensuring uninterrupted service and operational efficiency. The BEML BH100 rear dump truck is renowned for its robust design, advanced features, and operational efficiency, making it a preferred choice in the mining industry." Designed to transport payloads of up to 100 tonnes, the BH100 is ideal for heavy duty mining operations, particularly for handling overburden and coal. Engineered for fuel efficiency, the BH100 helps reduce operational costs while maintaining high performance levels, it said. "Ou

Despite India's renewables push, it's fossil, fossil burning bright

With a record hot summer and with unprecedented weather events feared this year, India's grid operators are falling back on coal

India's coal import surges 8% to 268 MT in FY24 due to rise in power demand

India's coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne prices and likelihood of increase in power demand during summer. The country's coal import was 249.06 MT in FY23, according to data compiled by B2B e-commerce company mjunction services. Coal import in March FY24 also rose to 23.96 MT, over 21.12 MT in the corresponding month of the previous fiscal. Of the total volume recorded in March 2024, non-coking coal import stood at 15.33 MT, against 13.88 MT in March FY23. Coking coal import in March 2024 was 5.34 MT against 3.96 MT a year ago. During FY24, non-coking coal import was at 175.96 MT, higher than 162.46 MT imported during FY23. Coking coal import was at 57.22 MT in 2023-24, against 54.46 MT in 2022-23. "There was an increase in coal import volumes due to the continued softness in seaborne prices and expectation of a demand uptick during the summer season. However, as there is ample availability of domestic coal in the

Rail freight grows at 1.4% in April; coal cargo rises by 6.3%

Coal cargo falls by nearly 8 per cent on cooler April in north, west India

Rajasthan plans to go all out on solar, shun coal, to meet power demand

According to the plan, subsidised rooftop systems are to be installed at 500,000 houses in the first phase of PM Suryaghar Yojana in the state

Coal India's contribution to govt exchequer up 6.4% at Rs 60,140 cr in FY24

State-owned Coal India Ltd's contribution to the government exchequer increased by 6.4 per cent to Rs 60,140.31 crore in FY24, over the financial year 2022-23. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, paid Rs 56,524.11 crore to the government exchequer in FY23, according to provisional figures of the coal ministry. Total levies paid to the government in March 2024 also went up by 14.8 per cent to Rs 6,069.18 crore from Rs 5,282.59 crore paid in the corresponding month of FY23. Of the total Rs 60,140.42 crore paid to the government exchequer in FY24, maximum amount of Rs 13,268.55 crore was made to the state government of Jharkhand, followed by Rs 12,836.20 crore to the Odisha government, Rs 11,890.79 crore to Chhattisgarh, Rs 10,865.96 crore to Madhya Pradesh, and Rs 6,188.89 crore to Maharashtra among others. The coal-producing states earned the revenue from royalty, District Mineral Foundation (DMF) and National Mineral Exploration Trust

JSW group, Japan's JFE in race to acquire 30% in Australian mine

Several Indian companies including Tata Power, Adani, and the Essar group had acquired coal mines overseas as part of their strategy to secure their raw material supplies

Sampling, grading of coal at 427 mines completed; to be applicable for FY24

The coal ministry on Wednesday said it has completed the annual exercise of sampling and grading of coal at 427 mines and the new fuel grade will be applicable from April 1 this year. Of the total 427 mines, 331 are central public sector units, 69 under state governments and 27 private sector mines, the coal ministry said in a statement. "To ensure the correctness of the grade, the samples drawn were analyzed in two different labs," it added. The ministry further said, the process of "declaration of annual grading of seams of mines as per laid down procedure has been completed" and the declared grade will be applicable with effect from April 1, 2024. The Coal Controller's Organisation (CCO), having its field offices at Dhanbad, Ranchi, Bilaspur, Nagpur, Sambalpur, and Kothagudem, carried out the exercise of drawing the coal samples and its analysis from coal and lignite mines for the ongoing financial year. CCO, a subordinate office of the coal ministry, lays down the procedure an

China's March coal output drops 4.2% amid oversupply, weak demand

Averaged out against expected production increases by some other provinces, China's total output will be about 1 per cent higher in 2024, an industry group has forecast

Coal fuels India's power demand as growing economy crushes green hopes

Electricity consumption in India is growing at the fastest rate of any major economy, driven by rising temperatures and incomes, which have pushed up sales of power-intensive appliances like ACs

India doubled new coal power capacity in 2023: Global Energy Monitor

The survey also revealed a substantial increase in coal power proposals in India, with both public and private sectors proposing 11.4 GW of new capacity

'Twenty coal mines likely to become operational by end of this year'

Twenty coal mines are likely to become operational by the end of this year, an official source said. This assumes significance with peak power demand in the country likely to cross 400 GW by 2030. These 20 coal blocks which include seven blocks of state-owned Coal India and three blocks of Singareni Collieries Company Ltd (SCCL) will contribute another 100 million tonnes (MT) in three to four years, the source said. Coal India accounts for over 80 per cent of domestic coal output. SCCL is a government coal mining company jointly owned by the Telangana government and the Centre on a 51:49 equity basis. The country has for the first time crossed the milestone of 1 billion tonnes of coal and lignite production in 2023-24, Coal and Mines Minister Pralhad Joshi had said. The country is not very far from its next target to eliminate coal imports by 2025-26, he had said. The country's total coal and lignite output was 937 MT in the 2022-23 fiscal year, as per official figures. In FY24

Domestic coal import rises 13% in Feb to 21.64 MT ahead of summer

India's coal import rose by 13 per cent to 21.64 million tonnes (MT) in February as some buyers took fresh positions to replenish stocks ahead of summer, according to online marketplace mjunction. The country's coal import was 19.15 MT in the corresponding month of FY23. "Coal imports in February 2024 were up by 13 per cent as against 19.15 MT in February 2023," as per the data compiled by mjunction. Of the total import in February, non-coking coal import increased to 13.77 MT compared to 11.68 MT imported in the year-ago period. "Coking coal volume was 4.56 MT, against 4.40 MT imported in February 2023," it said. The country's coal import also went up to 244.27 MT in the April-February period of FY24 over 227.93 MT in the year-ago period, the online marketplace said. During the April-February period of FY24, non-coking coal import was at 160.63 MT, higher than 148.58 MT imported in the same period of FY23. Coking coal import was at 51.87 MT during the April-February period of F

Vedanta commences mining operations in Goa's Bicholim mineral block

Vedanta on Thursday said it has commenced mining operations at Bicholim mineral block in Goa. The mining in Goa came to a grinding halt in March 2018 after the Supreme Court quashed 88 mining leases. "Heralding a new era of inclusive development, Vedanta Sesa Goa commenced mining operations at Bicholim Mineral Block- Block 1 in the state of Goa," the company said in a statement. Vedanta Limited had in 2022 emerged as a successful bidder for the mining block which was auctioned. Vedanta was the highest bidder with 63.55 per cent revenue for Bicholim Mining Block, spread over 485 hectares. According to the company, Bicholim Mineral Block is the first auctioned mine to become operational since 2018, when the Supreme Court imposed a blanket ban on mining in the coastal state. "Vedanta Sesa Goa's commencement of its operations in Goa's Bicholim Mineral Block signify a new chapter of collaboration between Vedanta and the state of Goa, reinforcing a shared vision for progress and prospe

Private captive, commercial coal mines cross 140 MT production in FY24

Out of the total production of 147.2 MT, the power sector captive mines produced around 121.3 MT, captive mines of the non-power sector produced 8.4 MT

Captive, commercial coal blocks output surged 27% to 147 MT in FY24: Joshi

Captive and commercial coal blocks produced 147 million tonne coal in financial year 2023-24, registering a year-on-year growth of 27 per cent, Union Minister Pralhad Joshi said on Wednesday. The mines had produced 116 MT coal during 2022-23. Out of 147.2 MT, power sector captive mines produced around 121.3 MT, non-power sector mines produced 8.4 MT and the production from commercial mines was 17.5 MT, Joshi said in a post on X. The production from power sector captive mines in FY24 rose 19 per cent as compared to the previous year. In non-power captive mines, the production growth was 63 per cent year-on-year. Output from commercial coal mines registered the highest year-on-year growth of 93 per cent in FY24. Dispatch from the mines during FY24 was 143 MT as against 110 MT in FY23. A total of 9 new coal mines commenced production during FY24 which includes 4 captive mines and 5 commercial mines. "The Ministry extends its appreciation to all stakeholders for their dedication and

PowerMin reviews electricity supply situation as summer comes knocking

Thermal stations to defer maintenance, gas-based units might be asked to run mandatorily