India's coal production increased by 8.55 per cent to 223.36 million tonnes in the April-June quarter of 2023-24 compared to the year-ago period, an official statement said on Friday. Coal production was 205.76 million tonnes (MT) in the same period during FY 2022-23, the Ministry of Coal said. Coal India Limited (CIL) registered 175.48 MT production between April and June 2023, marking a commendable growth rate of 9.85 per cent in comparison to 159.75 MT during the corresponding period of the previous year. The rest came in from other captive mines. While coal imports increased by 16.76 per cent in April-May 2023 as compared to the same period in the previous year, it is important to note that this rise is primarily attributable to the substantial decline in coal import prices, the ministry said. Import prices for coal have plummeted by over 60 per cent in the first quarter of FY24, compared to the year-ago period. "There is enough stock of coal available in the country which is
The last date for registration of coal and lignite mines under Star Rating programme has been extended until July 25, an official statement said. The government's Star Rating policy aims to evaluate mines based on various factors across seven key parameters namely, mining operations, environment-related parameters, adoption of technologies, best mining practices, economic performance, rehabilitation & resettlement, worker-related compliance and safety & security. "Extended the last date for registration and self-evaluation for Star Rating of coal and lignite mines from 15th July to 25th July 2023, In an effort to facilitate greater participation and ensure accurate self-evaluation," the Ministry of Coal said in a statement. On May 30, 2023, a notification was issued for the registration of all coal and lignite mines for the Star Rating of the financial year 2022-23. Following this, the Star Rating portal became accessible for registration from June 1, 2023 and the response has
The overall coal stock position in the country rose 34 per cent to 103 million tonnes (MT) on July 16, an official statement said on Tuesday. As on July 16, 2023, thermal power plant coal stock stands at 33.46 MT, which is 28 per cent higher compared to the corresponding period of last financial year, the coal ministry said in a statement. "Coal availability at all locations including pithead coal stock at mine end, stock in transit and TPPs is 103 MT as against 76.85 MT last year, which is 34 per cent higher year-on-year. The ministry is also closely coordinating with all central gencos (generation companies) and state gencos and there is absolutely no shortage of coal for the power sector," it said. The ministry further said that coal companies have undertaken construction of cemented roads for uninterrupted evacuation from larger mines. Transportation from nine coal mines to railway sidings has been started through mechanised coal handling plants. Coal production from April 1 to
The Ministries of Coal, Railways, and Power are working closely together to ensure the continued availability of coal for all thermal power plant
Coal India contributed the most to this growth, producing 175.35 mt coal in the first quarter of financial year 2023-24
The coal ministry on Tuesday said it has received 35 bids under the seventh round of auctions of commercial coal mines. This round of auction was started by the ministry for 103 mines on March 29, 2023. The last date for submission of bids was June 27. According to the ministry, a total of 35 offline bids have been received for 18 coal mines and two or more bids have been received for seven mines. The online bids received as part of the auction process will be opened on June 28.
Technical bids coming for the seventh round of commercial coal block auctions will be opened on June 28, an official statement said on Monday. "As part of the auction process, Technical Bids comprising of online and offline bid documents will be opened on June 28, 2023, 10:00 am onwards at New Delhi, in the presence of the bidders," the Ministry of Coal said in a statement. The last date for submission of online technical bids for all the coal mines is 1200 hours on June 27, 2023, and offline submission is 1600 hours on June 27, 2023, it said. On March 29, the government on Wednesday launched the seventh round of commercial coal auctions in a bid to increase the availability of dry fuel in the country. A total of 103 coal mines were put on the block in the latest round of auctions. Of the total mines offered, the majority of blocks are partially explored. The government amended the mineral laws to open up the coal sector to provide a level-playing field to the public and private .
The Coal Ministry has said it approved a wage revision agreement that was reached with trade unions for non-executive employees of Coal India Limited. The agreement provides for a 19 per cent of minimum guaranteed benefit from July 1, 2021, on emoluments - basic, Variable Dearness Allowance (VDA), Special Dearness Allowance (SDA) and attendance bonus besides a 25 per cent increase in allowances. In a communication to Coal India, the ministry said, "The MoA (memorandum of agreement) for NCWA-XI as signed by Coal India Limited, Singareni Collieries Company Limited and trade union representatives, has been confirmed." The agreement was reached in May by the Joint Bipartite Committee for the Coal Industry (JBCCI)-XI consisting of representatives of CIL management, Singareni Collieries Company Limited (SCCL), five central trade unions - BMS, HMS, AITUC, CITU and Indian National Mine Workers' Federation (INMF). The agreement will benefit around 2.81 lakh employees of CIL & SCCL who ...
The cumulative coal production for FY24 reached 182.06 MT as on June 13 compared to the previous year's production of 168.17 MT for the same period
The nominated authority, Ministry of Coal has issued vesting orders for 22 coal mines to successful bidders of coal blocks, said the ministry
India's coal production rose by 8.5 per cent to 73.14 million tonnes (MT) during April 2023, according to the ministry of coal. In April 2022, the country's overall coal production was at 67.20 MT, as per the ministry data. India achieved 94.89 per cent of the 77.08 MT production target for April 2023, the data showed. Coal India along with its subsidiaries produced 57.57 MT coal, up 7.67 per cent over 53.47 MT in April 2022. The coal production of Singareni Collieries Company Ltd (SCCL) rose by 4.77 per cent to 5.57 MT, from 5.32 MT in the same month a year ago. While the production from other captive mines was at 10 MT, against 8.41 MT in April 2022, registering a rise of 18.93 per cent. Against the 82.26 MT target for April 2023, India's coal despatch was at 80.35 MT, up 11.66 per cent from 71.96 MT during April 2022. The despatch to power utilities rose by 6.66 per cent to 65.41 MT last month, as compared to 61.33 MT in April last year. India is among the top five coal-prod
The company's board has also approved a proposal for the incorporation of a wholly-owned subsidiary company to take over the existing renewable assets
As many as 67 first-mile connectivity (FMC) projects are expected to be completed by 2027, an official statement said on Friday. First-mile connectivity refers to the transportation of coal from pitheads to dispatch points. At a review meeting chaired by M Nagaraju, Additional Secretary, to assess the progress of FMC projects of coal companies, the ministry reviewed 67 FMC projects -- Coal India (59), SCCL (5) and NLCIL (3) -- with a capacity to load 885 MT coal per annum. These projects will be completed by 2027, according to a statement. To ensure efficient and environment-friendly coal evacuation, the government is working on the development of the National Coal Logistic Plan, including first-mile connectivity through railway sidings near coal mines and strengthening of the rail network in coalfields. The coal ministry has set a target to produce 1.31 billion tonnes (BT) of coal by FY25 and 1.5 BT in FY30. In this context, the development of coal transportation that is ...
CIL will award its mines to private contractors through the 'mine developer and operator (MDO)' mode
Coal ministry aims to produce 1,012 million tonnes of dry fuel in the current financial year
Back to the issue of exports, India would need to mine surplus coal beyond its domestic needs
Coal ministry officials will interact with the representatives of captive and commercial coal block allottees on Wednesday to discuss ways to increase coal production and other issues. The meeting, to be held in the national capital on April 12, will be attended by Coal Secretary Amrit Lal Meena and Additional Coal Secretary and Nominated Authority M Nagaraju. "In order to ensure India's energy needs, the ministry will hold an interactive session with allottees of captive and commercial coal blocks. "It will showcase significant reforms implemented to make the sector more appealing and will also solicit feedback and suggestions from all stakeholders in order to expand the domestic coal production, lower the need for imported coal, and facilitate ease of doing business in the country," the ministry said in a statement on Monday. The ministry will also review the actual coal production for the fiscal 2022-23 as well as the production targets for the year 2023-24. The ministry launch
India has recorded historic growth in its coal output at 982.21 million tonnes (MT) in 2022-23, Union Coal Minister Pralhad Joshi said on Saturday. At 982 MT, the country's total coal production is 14.65 per cent higher from 778.21 MT produced in the 2021-22 fiscal, the minister said in a statement. "This is a historic moment for the coal sector. I congratulate all the coal warriors and stakeholders for the record growth. Despite the stiff targets, CIL, SCCL, along with captive & commercial mines have produced more than 892 MT of coal in FY23," Joshi said. He said Coal India Ltd (CIL) has done a tremendous job by surpassing its FY23 fiscal's target and produced 703.20 MT of coal, which is 12.94 per cent up from 622.63 MT in 2021-22. Further Singareni Collieries Company Limited (SCCL) produced 67.14 MT as against 65.02 MT a year ago, registering a rise of 3.25 per cent. The captive & commercial mines producers produced 121.88 MT coal, up 34.59 per cent from 90.56 MT in the ...
Asserting that India has adequate coal reserves, Union Coal Minister Pralhad Joshi on Wednesday said the country will start exporting the dry fuel by 2025-26. From a net importer of coal, India is moving towards becoming a net exporter of non-coking coal, Joshi said on the sidelines of the seventh round of auctions for commercial mining of coal blocks in the national capital. The minister also assured of an uninterrupted supply of coal in the approaching summer season -- when the peak demand is expected to be 229 GW during April. Domestic demand for coal is estimated to reach 1,087 million tonnes in the ongoing financial year. The industry meets some parts of its requirements through imports. According to the Coal Ministry, India's cumulative total estimated coal reserve as of April 1, 2022, was 3.61 lakh million tonnes (MT). On a question related to imports, he said India's imports of substitutable coal were 90 MT, which will be stopped by 2025-26 when the country will start ...
The coal ministry on Wednesday said that 27 coal mines would be put on sale in the next round of commercial mines auction starting from February 27. The auction process for 141 coal and lignite mines was launched by the coal ministry in November last year. "After completion of technical evaluation, 27 coal mines which received more than one bid, will be put up for forward auction from Monday, February 27, 2023 onwards," the ministry said in a statement. In a bid to familiarise bidders with the auction process, mock e-auction will be conducted on February 24. According to the statement, the ministry launched the 6th round and 2nd attempt of 5th round of commercial coal mines auctions on November 3, 2022, which received unprecedented response from industry. "96 bids were received for 36 coal mines, including participation from many first time bidders, reflecting the enthusiasm among the bidders and the positive sentiment about coal mining sector," it added.