Page 4 - Coal Ministry

Coal India production hits record 703.91 MT this fiscal until March 7

Production of Coal India Ltd hit a record 703.91 million tonnes (MT) in this fiscal until March 7, surpassing the last fiscal's output of 703.20 MT, the Coal Ministry said on Friday. Highlighting that several key measures were implemented to enhance production, the ministry said Coal India maintains an ample stock of 72.70 MT as of 7th March 2024. "Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes of coal up to 7th March 2024 during the current fiscal, surpassing last financial year's production of 703.20 MT by an impressive margin of 26 days," the ministry said in a release. Adoption of the Mine Developer and Operator model, mechanization and modernization of CIL mines, both Underground & Opencast, undertaking new projects, expanding existing projects, have bolstered coal production, it said. The ministry in a separate release stated that the domestic coal sector registered a growth of 10.2 per cent in January. The index of the coal industry ...

WBPDCL not debarred illegally to participate in auctions: Coal Ministry

The Centre on Monday refuted media reports that West Bengal Power Development Corporation Limited was illegally barred by the Coal Ministry from participating in an auction for coal mines located in West Bengal. "An article has been published in a section of media alleging that the Union Government illegally barred West Bengal from coal auctions, benefiting a corporate. "It is alleged that the Coal Ministry disqualified West Bengal Power Development Corporation Limited (WBPDCL) from participating in the auction of West Bengal-based coal mines considering WBPDCL as a prior allottee and has not paid additional levy within the prescribed time," the Ministry of Coal said in a statement. The allegations made in the article are incorrect and baseless, the ministry said. Coal mines are allocated through auction to government and private companies and through allotment only to government companies, it added. As per Section 4(4) of the Coal Mines (Special Provision) Act, if the prior allot

Coal production from captive, commercial mines rises 27% in Apr-Feb

Of the 91 mines awarded under commercial coal auctions, seven blocks have already started production

Coal minister Joshi launches coal logistics policy for infra development

The coal ministry is building an AI-powered dedicated logistics platform for the fossil fuel which would integrate all the existing central and state-level coal transport tracking systems

Ministry of coal encouraging extensive diversification within CPSEs

The Coal Ministry on Tuesday said it is actively encouraging extensive diversification within central public sector units, including Coal India, in line with the country's commitment to varied energy mix. The ministry has two large Central Public Sector Enterprises (CPSUs), Coal India Ltd (CIL) and NLC India Ltd (NLCIL), under its administrative control. "In line with India's commitment to diversifying its energy mix, the Ministry of Coal is actively promoting extensive diversification within CPSEs, establishing pit-head TPPs, solar power plants, coal/lignite gasification plants, and critical mineral exploration," the coal ministry said in a statement. Stressing the use of de-coaled land for cost-effective pit-head thermal power plants, the ministry's directive targets to secure sustainable operations for both PSUs, foreseeing a future coal surplus. CIL is a hard-core coal company with seven arms while NLCIL is in lignite, power generation, new renewable energy and coal ...

PM to inaugurate South Eastern Coalfields projects in Chhattisgarh on Sat

Prime Minister Narendra Modi will virtually inaugurate three first mile connectivity projects of South Eastern Coalfields Ltd (SECL) in Chhattisgarh on Saturday. The First Mile Connectivity (FMC) projects are valued at Rs 600 crore. SECL is a subsidiary of Coal India. "Prime Minister Narendra Modi is scheduled to virtually inaugurate three key First Mile Connectivity projects of South Eastern Coalfields Limited (SECL), a Coal India Subsidiary under Ministry of Coal, in Chhattisgarh tomorrow," the coal ministry said in a statement. One project is the Dipka Open Cast Project (OCP) coal handling plant that has been constructed at a cost of over Rs 211 crore. With an annual coal handling capacity of 25 Million Tonne (MT), the project has an overground bunker with a capacity of 20,000 tonne and a 2.1 kilometre-long conveyor belt. This will facilitate the rapid loading of 4,5008,500 tonne of coal per hour, the statement said. The second project is the Chhal OCP coal handling plant, buil

PM Modi to inaugurate Rs 600 cr-worth First Mile Connectivity projects

The First Mile Connectivity projects aim to reduce reliance on coal transportation via roads, thereby mitigating traffic congestion, road accidents, and environmental impact

Centre to hold roadshow in Ranchi to woo investors for coal mine auction

The coal ministry will organise a roadshow in Ranchi to increase participation of investors in the commercial coal mine auction. Coal Secretary Shri Amrit Lal Meena will be the chief guest for the event while additional secretary M Nagaraju will be the guest of honour, the coal ministry said in a statement. "To enhance participation in commercial auction of coal mines, the Ministry of Coal is organising a roadshow at Ranchi on January 16," it said. The government launched the process for sale of 39 coal mines under eight rounds of commercial auctions and 31 under the ninth. These 70 coal mines are from the coal-bearing states of Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Telangana, and West Bengal. Of the said mines, 27 are fully explored ones and 43 are partially explored, the statement said, adding that seven are coking coal mines, while the rest are not. The mines have been finalised after detailed deliberations and those falling under protected areas

India's coal imports up 11.7% to 21 MT in Nov, demand likely to be subdued

The country registered an 11.7 per cent rise in coal imports to 20.95 Million Tonnes (MT) in November as compared to the year-ago period. The country's coal imports in November 2022 was 18.75 MT, according to data compiled by B2B e-commerce company mjunction services. However, coal import in the April-November period of the current financial year dropped to 169.08 MT from 173.47 MT in the year-ago period. There was reduction in coal imports due to ample domestic supply and a slowdown in demand after the festive season in October, mjunction MD and CEO Vinaya Varma said. The demand for imported coal, he said, is likely to remain subdued in the coming months. Of the total import in November 2023, non-coking coal import was at 14.37 MT, against 11.88 MT in the same month the previous year. Coking coal import was at 4.23 MT, against 3.90 MT imported in November 2022. During the April-November period in 2023, non-coking coal import stood at 108.90 MT, lower than 116.28 MT imported dur

Coal production from captive, commercial mines likely at 187 MT in FY25

The government on Monday said that coal production from captive and commercial blocks is likely to be 186.63 Million Tonnes (MT) in the next fiscal. The production will be further enhanced to 225.69 MT in FY26, the coal ministry said in a statement. "As per the present plans of the ministry, production targets from such mines will be touching 383.56 million tonnes by FY 2029-30," the coal ministry said in a statement. In the 2024-25 fiscal, coal production from such mines is expected to rise to 186.63 MT, the government said. In December 2023, the total coal production from captive and commercial coal mines rose 38 per cent to 14.04 MT from 10.14 MT in the year-ago period, it said. As per the latest figures, 50 captive and commercial coal mines are in operation. The total coal production from captive and commercial coal mines in the April 1-December 31, 2023 period was 98 MT, as per the statement. In 2020, Prime Minister Narendra Modi had launched the auction process for 41 coal

Eighth round of commercial coal mines auction received great response: Govt

The eighth tranche of commercial coal mine auctions has received an overwhelming response from the industry, the government said on Friday. The last date for submission of bids for the eighth round is January 29. "The ongoing 8th round has witnessed an overwhelming response from the industry, which is evident from the fact that a lot of queries have been received from a number of bidders along with several site-visit requests," the coal ministry said in a statement. The bids received in this tranche will be opened on January 30 in the presence of the bidders. In the eighth round, 39 coal mines have been offered, the ministry said. The round was launched on November 15, 2023 by Coal Minister Pralhad Joshi. The pre-bid meeting for the round was held on December 12 and more than 50 bidders had participated in it.

Coal ministry to build integrated platform for managing coal transport

The AI-powered Smart Logistics Plan will help build data sets for future planning

Coal production in the country increases by 10.75% in 2023: Govt

In a public statement, the Ministry of Coal said the production of Coal India Limited (CIL) has risen to 71.86 million tonnes (mt) in December 2023, as compared to 66.37 mt in December 2022

Coal sector up 10.9% among core industries in Nov on domestic output boost

The data indicates that the combined index of eight core industries showed an increase of 7.8 per cent (provisional) in November 2023, the government said

Coal production rises over 12% to 664.37 MT this fiscal: Ministry

The country's coal production increased 12.29 per cent to 664.37 Million Tonnes (MT) from April to December 25 this fiscal over the year-ago period, according to an official statement. The country's coal output was 591.64 MT in the same period last year. "As per the latest statistics of the Ministry of Coal, the cumulative achievement in coal production during FY 202324, from April 2023 to December 25, 2023, has touched 664.37 MT, indicating a substantial 12.29 per cent growth compared to the corresponding period last year at 591.64 MT," according to an official statement. The coal dispatch from April to December 25 increased to 692.84 MT over 622.40 MT in the year-ago period. The increase ensures a consistent and robust coal supply to meet the energy needs of the power sector, the coal ministry said. "Furthermore, the overall coal dispatch to the power sector from April to December 25, 2023, increased by an impressive 8.39 per cent, reaching 577.11 MT compared to 532.43 MT during

India's coal production to cross 1 bn tonnes in FY24: Pralhad Joshi

Coal and Mines Minister Pralhad Joshi on Wednesday expressed confidence that the country's coal production will cross one billion tonnes in the ongoing financial year. The country's production target of the fossil fuel for 2023-24 is 1,012.14 MT. Speaking during the launch of the ninth round of commercial coal mine auction, the minister said, "This year we are going to cross one billion tonnes production." The estimated demand of coal in the current fiscal is 1,196.60 million tonne (MT). The demand of electricity by 2030 is going to double and to cater to the need the country needs coal, the minister said. With the completion of the ninth round of auction, the sale of 100 coal blocks would be completed. A total of 31 coal mines are being offered in the ninth round of commercial coal mine auctions. The mines being auctioned are spread across coal, lignite-bearing states of Jharkhand, Chhattisgarh, Madhya Pradesh, and Telangana.

India expected to be surplus in coal production by FY26: Pralhad Joshi

The country is likely to be surplus in coal production by FY26, Parliament was informed on Wednesday. India may be surplus in coal production except for some high quality fossil fuel and coking coal needed for the steel industry and imported coal-based power plants. Replying to a query in Lok Sabha, coal and mines minister Pralhad Joshi said, "India is expected to be surplus in coal production by the year 2025-26 except for some high quality coal and coking coal required for steel sector and ICB plants." To another query, the minster said that against the estimated coal demand of 1,196.60 million tonne (MT) in the current fiscal, the country's production target of the fossil fuel is 1,012.14 MT. Joshi said "the estimated coal demand for 202324 is 1,196.60 MT." The coal production target for 202324 is 1,012.14 MT, the minister said. The government, he said, under a central sector scheme, carries out exploration of coal and lignite through Central Mine Planning & Design Institute .

Govt to offer 26 blocks at 9th round of commercial coal mine auction on Wed

The Centre will launch the ninth round of commercial coal mines auction on Wednesday, offering as many as 26 blocks to bidders. In pursuit of ensuring energy security and driving economic development, the Ministry of Coal is set to embark on another significant stride with the launch of the 9th round of Commercial Coal Mine Auctions here on 20th December 2023, the Coal Ministry said in a statement. "Of the 26 coal mines to be auctioned, seven are fully explored, while 19 are partially explored blocks," the ministry said. These mines are in the states of Chhattisgarh, Jharkhand, Madhya Pradesh and Telangana. Coal and Mines Minister Pralhad Joshi will be the chief guest and Minister of State for Railways, Coal and Mines Raosaheb Patil Danve will be the guest of honour on the occasion. Unlike previous commercial coal mine auctions, there are no restrictions on the sale or utilisation of coal. "Notably, eligibility criteria have been eliminated, removing any technical or financial ..

NMET-funded 11 mineral blocks auctioned, six under process: Coal minister

The government on Wednesday said as many as 11 mineral blocks funded by the National Mineral Exploration Trust have been auctioned while six other blocks are under the sale process. The National Mineral Exploration Trust (NMET) was set up in 2015 to boost regional and detailed mineral exploration activities. "Since inception NMET has funded 270 mineral exploration projects, out of which 162 projects have been completed and the remaining 108 projects are ongoing. "Out of 162 completed projects, 11 projects have been auctioned by the respective state governments and six projects are in pipeline," Coal and Mines Minister Pralhad Joshi said in a written reply to the Lok Sabha. Of the 11 projects, three are in Odisha, two each in Rajasthan and Maharashtra, and one each in Madhya Pradesh, Uttar Pradesh, Chhattisgarh and Karnataka, he said. Of the six NMET blocks under the auction process, five are in Tamil Nadu and one in Karnataka. NMET receives proposals from exploration agencies and

Coal industry index grows to 18.4% in October, says Coal ministry

The index of coal industry rose to 18.4 per cent in October from 9.1 per cent in April. "As per the index of eight core industries for October 2023, released by the Ministry of Commerce & Industries, the index of coal industry has showcased in the last 16 months highest growth of 18.4 per cent (provisional), reaching 172.6 points compared to 145.8 points during the same period last year," the coal ministry said in a statement. The growth in the index of coal industry can be seen due to a substantial rise in production of dry fuel in October to 78.65 Million Tonnes (MT), over 66.32 MT in the corresponding month of previous year. "The remarkable growth of the coal sector and its contribution to the overall growth of the eight core industries are a testament to the continuous efforts and initiatives undertaken by the Ministry of Coal," the statement said.