Page 16 - Coal

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

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

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

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.

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

Japan reiterates plan to cut reliance on coal at G7 ministerial summit

A draft communique showed the group would consider committing to a phase-out of coal by 2030

Air quality panel bans use of coal in Delhi-NCR from January 1, 2023

The Commission for Air Quality Management issued directions to ban the use of coal in industrial, domestic and other miscellaneous applications in the entire Delhi-NCR region from January 1, 2023

Stock up before monsoon, Coal ministry tells power generating companies

Says stock available with power plants enough for 10 days of operation

Exports in May up by 15.46% to $37.29 bn; trade deficit widens to $23.33 bn

Imports during the month grew by 56.14% to $60.62 billion

India's core sector output expands at six-month high of 8.4% in April

The output of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity had expanded by 4.9 per cent in March 2022.

South Africa needs to spend $250 bn over 3 decades to transition from coal

Coal accounts for more than 5% of South Africa's gross domestic product and the coal industry employs 125,000 people, each with between three and 10 dependents

Imported coal set to increase NTPC's final tariff by 50-70 paise

For the upcoming monsoon season, which is also the time when coal mining activity is reduced, NTPC is shoring up its own reserves

Consumers compelled to buy coal at high prices to keep plants running: CCAI

The statement comes amid certain parts of the country witnessing power outrages in the wake of fuel shortages

Coal firms report delay in loading at railway sidings due to shortage

So far in May, 1,205 rakes allotted to the seven companies of CIL have incurred delays. This is close to a third of CIL's total loading.

NTPC invites bids to import 4.53 million tonnes of coal for blending

The NTPC tender for the import of coal assumes significance in view of the ongoing dry fuel shortage at power plants

Govt orders imported coal-based plants to generate power at full capacity

Section 11 of the Electricity Act gives the government the authority to order any generating company to operate and maintain its stations in accordance with the order

Railways uses 86% of open wagons for coal transportation amid shortage

Data shows the Railways has around 3,82,562 wagons, out of which 1,31,403 are open wagons and 3,636 of whom are in need of repair as of May 2

India sets 19 mn tonnes end-June coal import targets as power woes mount

The move, which marks first time the country is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April.

COP26 prez draws flak for supporting investment by oil and gas companies

Days after the developed world sought to belittle India for continued oil imports from Russia, COP26 president Alok Sharma's endorsement of a letter by UK's Secretary, Business, Energy & Industrial Strategy on Sunday came under severe criticism from all quarters for encouraging fossil fuel going against his role of head of the climate negotiations conference.