Page 11 - Coal Production

India's coal production drops marginally by 2% to 716 mn tonnes in FY'21

India's total coal production registered a marginal decline of 2.02% to 716.084 million tonnes during the last fiscal year

CIL pulls restriction on exporting coal procured through two spot auctions

The development assumes significance as the current inventory of coal behemoth is little over 70 million tonnes (MT).

World's coal producers now planning more than 400 new mines: Research

The world's coal producers are currently planning as many as 432 new mine projects with 2.28 billion tonnes of annual output capacity putting targets for slowing global climate change at risk.

Global investors move to renewable sector as coal demand dips in India

International Energy Agency's (IEA) India energy outlook said India would need a massive investment of $1.4 trillion if it were to aim for net zero by mid 2060

CIL's overall expenditure drops to Rs 54,241 cr in Apr-Dec 2020 period

The firm's overall expenditure declined by 3.3 per cent in the first nine months of the ongoing fiscal

Coal demand to rise in post-Covid era, must scale up production: CIL chief

The Maharatna PSU will cross the 650 million tonne production mark during the 2020-21 financial year, he said

Coal India's fuel allocation under spot e-auction rises 59% during Apr-Nov

Fuel allocation by CIL under the scheme also increased to 4.09 MT in November, from over 3.58 MT in the corresponding month of 2019

Coal India reports 3.4% rise in production to 52 mn tonnes in November

Production during April-November 2020 increased to 334.5 MT, over 330.4 MT in the corresponding period of 2019-20, it added

We are open to a coal regulator, says Coal Minister Pralhad Joshi

In an interview with Shreya Jai & Jyoti Mukul, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi argues why coal production cannot be sacrificed at the altar of environment

Coal India Q2 profit falls 16% to Rs 2,948 crore due to higher expenses

Expenses during the quarter increased to Rs 18,177.82 crore, over Rs 17,734.44 crore

Coal India production increases by 31.6% at 40.51 MT in September

State-owned CIL on Thursday said it produced 40.51 million tonnes (MT) of coal in September, registering a growth of 31.6 per cent over the same month last year. Coal India (CIL), which accounts for over 80 per cent of domestic coal output, had produced 30.78 MT of the dry fuel in September 2019. "Coal production at 40.51 MT in September'20, surged ahead by a robust 9.73 MT increase in absolute terms, compared to 30.78 MT in September'19, the growth being 31.6 per cent," CIL said in a statement. For the first time in the current fiscal, growth was in double digits, with all CIL subsidiaries showing an increase. "Now that we broke the growth jinx in output and off-take, which were weighed down by the pandemic-induced slowdown, we expect to better our performance in the ensuing months. "We aim to reclaim as much of the lost ground as possible during the rest of the fiscal," a senior official of the company said. "Generally, the H2 performance is higher in terms of production and ..

Coal India to invest over Rs 1.22 tn on 500 projects by 2024: Pralhad Joshi

With an aim to achieve 1 bn tn (BT) coal production by the year 2023-24 and make the nation Aatmanirbhar, National Miner Coal India Ltd (CIL) will invest over Rs 1.22 trillion on about 500 projects

Coal India registers 7.1% growth in output in August at at 37.17 mn tonnes

For the first time in the ongoing fiscal, Coal India has recorded growth in both production and off-take

July coal import dips 43% to 11.13 MT on high stockpile at pitheads, plants

During April-July 2020, total coal imports were recorded at 57.27 MT, which is 35.76 per cent lower than 89.15 MT imported during April-July 2019

Covid-19 impact: Coal India revises output target to 650 mn tonne in FY21

The miner had earlier set a production target of 710 million tonne for the 2020-21 fiscal

CIL's coal allocation for non-power sector in Q1 rises 3-fold to 6.66 MT

Coal India accounts for over 80% of domestic coal production

Increase in coal production helped lower power price: Western Coalfields

Western Coalfields has increased the production of coal to 57.6 mn tonnes in fiscal year 2019-20 and provided it cheaply to govt and private thermal power stations in Central, West and South India

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.

Govt plans to raise Rs 20,000 crore by selling stakes in CIL, IDBI Bank

In case of Coal India, if valuations are not attractive, company will buy back shares from the govt

India's coal imports decline 29.7% to 48.84 MT in April-June of FY21

The drop in imports assumes significance in the wake of government mandating state-owned Coal India Ltd to replace at least 100 million tonne of imports with domestically-produced coal in 2020-2021