Page 5 - Coal Sector

Current power crisis due to sharp fall in generation, not coal shortage

The current power crisis is mainly on account of sharp decline in electricity generation from different fuel sources and not due to non-availability of domestic coal, a top official said on Sunday.

Top industrial states plan to import 10.5 mn tonnes of coal to beat crisis

The move by India, the world's second largest coal importer, could lead to a further increase in global prices, which are already trading near record highs

No shortage of coal in the country, says minister Pralhad Joshi

India's imports of non-cooking coal fell to 125.61 million tons during the April-January period of the current financial year, which is 23.33% lower compared to the corresponding period of last fiscal

Aluminium Association of India seeks PMO intervention on coal supply issues

The letter has been prompted by a recent adhoc decision by state-run CIL to further curtail road and rake supplies of coal to the non-power sector, without any advance notice

Rs 745 cr collected from coal, other minerals in last 3 years: Minister

Over Rs 754 crore was collected as revenue from coal and other major minerals during the last three years, Meghalaya Commerce and Industry Minister Sniawbhalang Dhar told the state Assembly

Global coal prices at record high, to increase India's import bill

The ongoing conflict between Ukraine and Russia is likely to have a bearing on the supply of thermal coal

Coal India will not have luxury to retain loss-making mines: Official

Mining behemoth Coal India will not have luxury to retain its loss-making mines with its aim to remain competitive in the wake of privatisation of coal blocks, a senior government official said

Union Cabinet approves offering of coal via common e-auction window

The approval was given during a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi

Multiple tailwinds emerge for Coal India after a strong Q3 despite hurdles

Increase in production, higher prices, better margins and high dividend yield are key positives

Coal India committed to meet elevated' demand of power sector: Official

Mining major Coal India Ltd is committed to meet the elevated demand of the dry fuel from the power sector, including coastal plants dependent on imports, a company official said on Tuesday.

Govt inaugurates India's first coal to methanol plant built by BHEL

Union Minister for Heavy Industries Mahendra Nath Pandey on Saturday dedicated India's first BHEL-built 'coal to methanol' pilot plant to the nation here

Adani Group to start coal export from Australian mine this week

Coal is almost entirely destined for India, where fossil fuel is used to generate nearly 70 per cent of the electricity.

CIL to raise coal stock at thermal plants to 45 mn tonnes by fiscal-end

Coal India Ltd (CIL) is aiming for the highest-ever closing stock at power plants, the PSU said

Don't foresee any coal shortage till March 2022, says Coal India chief

He said the last quarter saw "high" output, and issues related to the production of Central Coalfields Ltd and Bharat Coking Coal Ltd are also getting resolved

Coal India auction to non-power sector increases sharply: Report

Coal India had temporarily paused auctions of coal to non-power customers and reduced contracted supplies in October

India will remain a coal-dependent economy well into the future

Despite diplomat-speak at Glasgow, the country will remain a coal-dependent economy well into the future

Coal India to infuse Rs 19,650 cr to strengthen rail infrastructure

The move will increase coal evacuation capacity of the PSU through rail mode by an additional 330 million tonnes per annum (MTPA) by FY2023-24 when the production is expected to scale up significantly

Coal India aims at Rs 40,000-50,000 cr capex in 4-5 years: Chairman

Coal India Ltd on Wednesday said the company is aiming at investing Rs 40,000-50,000 crore as capital expenditure in the next 4-5 years.

Coal India Q2 net profit almost flat at Rs 2,937 cr; revenue rises 10%

The firm accounts for over 80 per cent of the total domestic coal output

Coal supply by Coal India to power sector jumps 23% y-o-y in Oct

The development assumes significance in view of the country's power plants grappling with fuel shortages