Page 14 - Coal

Germany hails 1st delivery of 'green' hydrogen from UAE, to replace coal

Germany took formal delivery Friday of its first, modest, batch of hydrogen from the United Arab Emirates, a "green" fuel it hopes will help replace coal and gas used by energy-intensive industries in future. Germany is scrambling to substitutenatural gas imports from Russia while also staying on track for its ambitious goal of cutting greenhouse gas emissions to net zero by 2025. One alternative is energy-rich hydrogen gas, provided it is made with the help of renewable energy. Since hydrogen is difficult to transport it is sometimes stored as liquid ammonia. The delivery in Hamburg was modest: just a single container with 13 metric tons of ammonia. Still, it was symbolic enough for German Economy Minister Robert Habeck to hold a joint ceremony with the UAE's climate envoy, Sultan Ahmed Al Jaber, and the CEO of German metals manufacturer Aurubis, which is testing the fuel to make copper wire.

Coal import to be stopped by 2024, says Pralhad Joshi

Coal minister Pralhad Joshi on Thursday said that the import of dry fuel which has declined considerably will be stopped by 2024. Speaking at an event at the office of the Comptroller & Auditor General of India here to release a 'Compendium of Asset Accounts on Mineral and Energy Resources', the minister said commercial coal mine auction which was institutionalised by the present government has made the auctioning process totally transparent. Joshi also complemented CAG's office for bringing out the first ever compendium of asset account on mineral assets of the country. The minister said that the report presents comprehensive picture of the mineral resources spread across different states in the country. He said that the compendium will help in further strengthening sustainable mining process which is of great importance for ecology and future generation. Collating the information of the state asset accounts, the government accounting standards advisory board has prepared the ...

Vedanta arm Balco wins bid for 900 mn tonne coal block in Chhattisgarh

Vedanta Ltd on Wednesday said that its arm Balco has won the bid for a coal block in Chhattisgarh. The company emerged as successful bidder for the mine during the fourth round of commercial coal mine auction conducted by the government. "The coal block is an optimal fit for Balco, given its logistical location," Vedanta said in a filing to BSE. Once operational, the mine will provide fuel security, enhance power availability, and further strengthen Balco's operations and performance. The block has estimated reserves of 900 million tonnes. Balco was incorporated in 1965 as the first public sector undertaking in the country. In 2001 the Centre disinvested 51 per cent shares of Bharat Aluminium Company Ltd (BALCO) to Sterlite Industries Limited, a subsidiary of Vedanta Limited. The remaining 49 per cent is with the Centre.

Coal to be back again as gas becoming unaffordable: FM Nirmala Sitharaman

Given the global energy crisis, Finance Minister Nirmala Sitharaman has said that coal is going to be back again as gas has become unaffordable. Sitharaman, who attended the annual meetings of the International Monetary Fund and the World Bank, said the western world has seen countries moving to coal. The Western world has seen countries moving to coal. Austria has already said, and todaythey are going back to coal, Sitharaman told a group of reporters from India during an interaction on Saturday. Russia has sharply curtailed natural gas shipments to Europe in retaliation for sanctions that the West put in place after its invasion of Ukraine. In late April, Russia cut off gas supplies to Bulgaria and Poland after they refused Moscow's demand to pay for the deliveries in rubles, Russia's currency. Also, apart from that many countries in the West are moving away from coal to generate electricity as it contributes to climate change and air pollution. Responding to a question on her

Exports up 4.8% to $35.45 billion days after initial data showed a dip

The World Trade Organization (WTO) has also painted a grim picture for the outlook of global trade next year amid fears of a recession

CIL will achieve 1 bn tonne coal production target by FY26: Pralhad Joshi

CIL will achieve 1 billion tonne coal production target by 2025-26 as against the earlier timeline of 2023-24 in view of the COVID-19 pandemic, Union Minister Pralhad Joshi said on Wednesday. Coal India Ltd (CIL) accounts for over 80 per cent of the domestic coal output. "Due to COVID our earlier target has been postponed. We will fulfil our dream of one billion tonne and we will be aatmanirbhar in thermal coal...By 2025-26, Coal India will produce one billion tonne," Joshi said on the sidelines of a function here. CIL was earlier eying 1 billion tonne coal production by 2023-24. Replying to a question, he said as far as thermal power plants are concerned, there is an average coal stock of 24 million tonne and day-to-day stock of the fossil fuel is adding. "Our plan is to keep at least 40 million tonne of coal as far as March 31 is concerned," he said. Coal output by CIL in current financial year is expected to be 700 MT and there would be additional output of 200 MT from othe

Iron ore, coal transport push Sept Railway freight up 9.7% to 116 mn tonnes

FY23 auto freight grows 72% as automakers switch to rail

Gencos procure 5.8% of total order value from Coal India's import tenders

CoalMin confident that domestic supply will meet festive season's power demand

Xi Jinping over-promised about coal consumption in China, says report

China took a back seat from its declaration, at the Leaders' Summit on Climate in April last year where President Xi Jinping had stated that Beijing will control coal-fired power generation projects

India may boost coal power fleet 25% by 2030 amid rising energy demand

The world's third-biggest emitter of greenhouse gases will add nearly 56 gigawatts of coal power capacity unless there's a substantial drop in the cost of storing electricity

McLeod Russel India lenders likely to discuss Carbon Resources proposal

The contours of the proposal are like this: of an outstanding bank debt of Rs 1,650 crore, the upfront payment being offered is Rs 1,245 crore

Gas-starved Europe's revival of coal plants spells bad news for India

Coal consumers in India are taking evasive action to save their balance sheets

Indonesia's plan to shut coal plants over next 30 yrs struggles for support

The Southeast Asian country plans to eliminate 15 Gigawatt of coal-generation over that time, requiring more than $600 billion of capital support, said Erick Thohir

1,652 illegal coal transportation cases registered in Meghalaya: CM

Meghalaya Chief Minister Conrad K Sangma on Thursday said 1,652 cases related to illegal transportation of coal have been registered in the state. Of the 1,652 cases registered till August 31, chargesheets have been submitted in 1,354 cases and 472 people have been convicted, the chief minister said while replying to a call attention motion in the Meghalaya Assembly. He said as many as 109 cases have also been registered against illegal mining and extraction of coal, of which chargesheets have been submitted in 108 cases and 103 people have been convicted. The chief minister informed the House that drone surveillance has also been undertaken by the police to prevent illegal mining. About the recent accident at a coal mine in West Khasi Hills district in which two miners died and one person was injured, Sangma said one Hubert Sangma clandestinely operated the mine located in a remote area. The coal mine owner has been arrested and an investigation is on, he said. An ex-gratia of R

Top headlines: Indian forex reserves, Kharif rice production, and more

Foreign exchange reserves declining to government making first disbursement under PLI scheme, here are the top headlines of the day

India gives coal-fired plants extra 2 years to install emissions equipment

Indian cities have some of the world's most polluted air. Thermal utilities, which produce 75% of the country's power, account for some 80% of industrial emissions of sulphur- and nitrous-oxides

Coal production increases by 8.2% y-o-y in August to 58.33 mn tonnes

Coal output in India rose to 58.33 million tonnes in August 2022, up by 8.2% from the 53.88 million tonnes recorded in the corresponding period of last year

India's coal output remains below estimate at 58 MT in August: Govt data

India produced 58.33 million tonnes of coal in August, missing its target of 67.94 MT for the month, according to the government data. The coal production target for August was 67.94 million tonnes (MT), according to the government's monthly statistics (provisional). However, the production during last month increased by 8.27 per cent to 58.33 MT in August from 53.88 MT in the corresponding month of previous fiscal. Country's coal output in the first five months of the ongoing financial year increased to 324.39 MT as against 263.97 MT in the April-August period of the previous fiscal. The total despatch of coal also increased by 5.41 per cent to 63.43 MT in August over 60.18 MT in the year-ago month. Amid rising demand, the supply of coal to power utilities grew by 10.84 per cent to 54.09 MT during August compared to 48.80 MT in the same month last fiscal. The overall power generation last month was 3.14 per cent higher than that of August last fiscal. Coal-based power generatio

Govt plans to auction 17 non-operational mines surrendered by PSUs: Joshi

The government plans to put on auction 17 mines surrendered by public sector undertakings which could not put the blocks into operation, Coal and Mines Minister Pralhad Joshi said on Tuesday. The statement comes in the wake of the government making efforts to ramp up domestic coal production to ensure adequate availability of dry fuel to different sectors. "Just the-day-before yesterday (Sunday) I got 17 blocks back and they are very good blocks and I am putting them for auction now," Joshi said. Speaking during a conference on the Indian minerals and metals industry organised by NMDC and FICCI, the minister said many PSUs in the country in sectors like coal were sitting on big mines. The government decided to take away all those mines from the public sector undertakings which do not get into operation even after the lapse of five to six years and put them on sale. "I talked to the chief ministers and ministers of a few states and asked them the reasons for sitting on mines. These

India buys discounted Venezuelan petroleum coke to replace coal: Report

India's growing appetite for Venezuela's petcoke - a byproduct from oil upgrading and an alternative to coal - is being driven by a scramble for inexpensive fuel to power industries