Page 6 - Coal Sector

Coal ministry to augment fuel supply to power sector from captive mines

The coal ministry on Friday said it has taken various measures, including diverting the output from captive coal mines, to augment fuel supply to the power sector. The development assumes significance in the wake of country's power plants grappling with coal shortages. "The ministry of coal has taken all efforts to augment coal supplies to the power sector and decided to divert and augment the supplies to power sector from captive coal blocks," the coal ministry said in statement. Captive mines are those that produce coal or mineral for exclusive use by the company that owns the blocks. The ministry offered coal supply from NLC India's Talabira II & III mines in Odisha to NTPC. In this connection, both the companies worked together to commence the supply of coal from Talabira II & III open cast project (OCP) to NTPC (Darlipali & Lara Power Plants). With timely support and necessary coal delivery permits from the department of mines, Goverment of Odisha, the coal ...

Number of plants under outage down by 50% with improved coal supply: POSOCO

Total capacity under outage has reduced from to 6 Gw on October 13 from 11 Gw a day earlier

Coal availability to power plants likely to improve gradually in Oct: ICRA

Domestic rating agency Icra on Wednesday said it expects the availability of coal to power plants to improve gradually during the current month with expected augmentation in both coal production and dispatch levels. "We expect the coal availability to improve gradually during October month with expected ramp-up in both coal production & dispatch levels, also given the seasonality in energy demand moderation expected from November month," Sabyasachi Majumdar, Senior Vice President & Group Head - Corporate Sector Ratings, ICRA said. As a result, thermal plant availability for majority of IPPs/gencos having long-term PPAs (power purchase agreements) is unlikely to remain below 85 pe cent on annual basis and thus, any adverse impact on the credit profile is unlikely, given the two-part nature of long-term PPAs with recovery of fixed charges linked to availability of 85 per cent, Majumdar said. While energy demand grew sharply with at 12.7 per cent Y-o-Y in the first half of FY'22,

Is scarcity of coal artificially created, asks Siddaramaiah

He said, power stations should not be privatised - this will be injustice to farmers. Once privatised, free power given to farmers will be stopped.

Coal ministry conducts pre-bid conference for auction of 11 mines

The coal ministry launched the second attempt of the auction of 11 coal mines earmarked for the sale of coal last month.

Coal India scales up fuel supply to power plants to 1.51 MT per day

The development assumes significance in the wake of reports that warned of a power crisis looming large due to the coal shortage in the country.

Punjab's power plants running at reduced capacity, power cuts imposed

Severe coal shortage at thermal power plants in Punjab has forced power utility PSPCL to cut down power generation and impose rotational load shedding at several places in the state. Coal-fired power plants are running at a reduced capacity because of the shortage of coal, said an official of Punjab State Power Corporation Ltd (PSPCL) on Saturday. With the power situation turning grim, power plants in the state are left with coal stock of up to five days, a PSPCL official said. "Plants are running at a reduced capacity," said the official adding that they were not being run at full capacity to conserve coal. The demand for power at present is about 9,000 megawatts (MW) in the state. Officials said besides the demand for power from the agriculture sector, high temperatures in the day is also adding to the power requirements in the state. Though the PSPCL officials claimed minimal load shedding, there were reports of power cuts in the range of two-three hours at many places in the

Auction process for 40 new coal mines to begin next week: Govt

The government on Friday said it will begin next week the next round of auction process for 40 new blocks for the sale of coal

Coal ministry says in process of finalising mine closure framework

The ministry is in consultation with the World Bank for obtaining support and assistance in this programme

Coal stocks at thermal power plants to increase in next 2-3 days

Coal stocks at thermal power plants will start increasing in another two to three days, according to an official in the coal ministry. The remarks come at a time when the country's power plants are grappling with coal shortage. "The situation has started improving from yesterday. In the next two to three days, coal stocks will stop depleting at the power plants and will start going up," the official said on the condition of anonymity. A Coal India official also said the company is making efforts to ramp up its supply to power sector with 1.5 million tonne per day in another few days from present 1.4 million tonne. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. He further said power plants did not pick up coal from CIL from October last year till February this year. "Power plants used their coal stocks and did not replenish them. They even did not adhere to the CEA guidelines of stocking the coal for 22 days. With rise in power demand, the demand for f

Govt amends rules to allow 50% sale of coal from captive mines

Move to benefit over 100 captive coal and lignite blocks with over 500 million tonnes per annum peak rated capacity

Coal crunch: 64 power plants left with less than 4 days of dry fuel stocks

Power Minister R K Singh had reportedly termed the coal shortage as way beyond normal

Coal ministry wraps up agenda document for sectoral reforms, sustainability

The coal ministry on Monday said it has finalised an agenda document for the ongoing fiscal which broadly focuses on areas like reforms, transition and sustainability in the coal sector.

Coal India supply to power sector grows by 12% to 118 MT in Sep qtr

Coal India accounts for over 80 per cent of domestic coal output.

Coal ministry sets up panel to review timelines for project execution

The Coal Ministry on Friday said it has constituted a panel to review and benchmark the timelines in project execution, including tendering process by examining tenders having a value of more than Rs 300 crore of CIL, its subsidiaries and other PSUs. The committee has been set up with a view to suggest a robust and efficient set of timelines and whether statutory clearances may be obtained prior to issuing tender, the coal ministry said in a statement. "The Ministry of Coal has set up a committee today under the chairmanship of Joint Secretary & Financial Advisor comprising of representatives from NTPC, IOCL, PGCIL and Director (T), ECL as member secretary for review and benchmarking the timelines in project execution including tendering process by examining tenders having value of more than Rs 300 crore of CIL (Coal India), its subsidiaries and other PSUs," the statement said. Coal India accounts for over 80 per cent of domestic coal output. The company is eyeing one billion ...

Explainer: Why is India facing a massive coal supply shortage?

Coal accounts for over 70% of India's electricity output, and utilities account for about 75% of India's coal consumption.

China's end to overseas coal financing could free $130 bn for clean energy

China's pledge to end overseas coal financing will impact 44 coal plants totalling 42,220 megawatts (MW) of capacity, according to Global Energy Monitor's updated Global Coal Public Finance Tracker

Water stress poses credit risks for coal, mining and power sectors: Moody's

Water management is among the top environmental risks for countries and sectors in Asia, according to Moody's Investors Service.

Coal India warned government of coal shortage in February, documents show

India, which has the world's fourth largest coal reserves, is facing a shortage of the fuel and has urged utilities to import coal as supplies at several plants run low.

CIL steps up supply coal to power sector; per-day average 20% higher

State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an average of 1.39 million tonnes (MT) per day