Page 15 - Coal
Action plan in place to ensure adequate coal availability during monsoon
The Union coal ministry is confident that till September-end, there will be 9-10 days of coal stock at the power units
 "Action plan in place to ensure adequate coal availability during monsoon")
The emerging stress in imports: Surprisingly, it's coal more than oil
Surprisingly, its coal more than oil that is emerging as a huge pressure point
 "The emerging stress in imports: Surprisingly, it's coal more than oil")
How Indian cement maker Ultratech bought Russian coal using yuan
There is no suggestion that the purchase, the particulars of which have not previously been reported, in any way breaches sanctions imposed on Russia in the wake of its invasion of Ukraine
 "How Indian cement maker Ultratech bought Russian coal using yuan")
India's coal production rises by 32.57% to 67.59 MT in June: Govt
At the same time, coal despatch increased by 20.69 per cent to 75.46 MT from 62.53 MT during June 2022 as compared to June 2021.
 "India's coal production rises by 32.57% to 67.59 MT in June: Govt")
Coal is the new pain point as India grapples with a massive import bill
Quite low in the pecking order of inbound consignments at one point, the fossil fuel today accounts for a third of the value of crude entering the country
Railways stakes claim for coal transport planning, fix 'big mismatch'
Coal freight is railways' biggest source of revenue, earning it Rs 67,000 crore in 2021-22
 "Railways stakes claim for coal transport planning, fix 'big mismatch'")
Trade gap widens to record $25.6 bn; imports surge to $63.58 bn in June
India's traditional high dependence on crude oil led to its imports soaring 94.2 per cent in June to $20.7 billion
Rlys freight grows 11% on year in June at 125 MT, gains from loading coal
There has also been an increase of 7 per cent in freight leads, or the distance travelled for transportation of goods, which is a source of higher revenue for the railways
 "Rlys freight grows 11% on year in June at 125 MT, gains from loading coal")
Indigenous stealth drone makes maiden flight from test range in Karnataka
The stealth drone, also referred to as an Unmanned Combat Airborne Vehicle (UCAV), has been designed and developed by the Aeronautical Development Establishment (ADE), Bengaluru
 "Indigenous stealth drone makes maiden flight from test range in Karnataka")
Coal India says enough supplies, advises power plants to stock up
CIL has called for bids to supply 2.4 mt of coal to be delivered for the July to September 2022 period
 "Coal India says enough supplies, advises power plants to stock up")
Steel prices likely to go up again from July 1 on high input cost: JSPL MD
"The prices have already bottomed out. There is no chance of reducing them further. There will be an upward price correction from Friday, July 1 mainly on account of higher input cost," he said
 "Steel prices likely to go up again from July 1 on high input cost: JSPL MD")
UltraTech Cement paying for Russian coal in Chinese yuan: Report
UltraTech importing from Russian producer SUEK, valued at 172.7 mn yuan; SUEK's Dubai unit facilitated trade from Russia's Vanino port; traders say other companies set to pay in yuan for Russian coal
 "UltraTech Cement paying for Russian coal in Chinese yuan: Report")
Polluting, expensive: No end in sight to price India pays for imported coal
With domestic production targets slipping, India needs to buy record quantities of the world's most polluting fuel at a time when prices are rising
Coal shortage hurting non-power sectors still year after supply shift
In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent
 "Coal shortage hurting non-power sectors still year after supply shift")
Rich-poor divide on clean power getting wider and hurting climate fight
Investment in clean energy has only accelerated in the years since Covid-19 struck. In the second half of the last decade, it grew at a 2% annual rate
 "Rich-poor divide on clean power getting wider and hurting climate fight")
No purchase of coal from Russia after April 20 announcement: Tata Steel
Tata Steel has not made any purchase of PCI coal from Russia post its April announcement of severing business ties with Russia amid the ongoing conflict with Ukraine, a company spokesperson said
 "No purchase of coal from Russia after April 20 announcement: Tata Steel")
India's domestic coal production increases by 28% as of June 16, 2022
After a record-breaking coal production of 777 million tonnes (MT) in 2021-22, domestic coal production continues to witness an increasing trend in the current financial year as well
Tata Power to buy coal worth Rs 12,000 cr from Indonesian miner in FY23
Related party transaction will require shareholder approval, says Indian company
 "Tata Power to buy coal worth Rs 12,000 cr from Indonesian miner in FY23")
India's coal imports may drop 11% to 186 MT in FY23: Coal ministry
India's coal import is likely to decline by 11.4 per cent to 186 million tonnes (MT) in the current financial year, even as the state-owned firm has issued tenders to source the fuel from overseas.
 "India's coal imports may drop 11% to 186 MT in FY23: Coal ministry")
Can Indian power sector afford coal imports to meet spike in demand?
State discoms remain financially stressed and are against imports, while domestic coal availability is under pressure