Page 16 - Coal

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.

Railways not to cancel any more passenger trains, restore gradually

The national transporter is of the view that coal supply is now reaching normative levels and does not need any more special measures

Power crisis: Centre, states are trying to resolve the situation

Currently, some 59 per cent of the power plants dependent on domestic coal are running low on coal stock

Power-hungry India halts passenger trains to free up track to move coal

Federal government-run Indian Railways has cancelled 753 passenger train services, the government said

Power, railway ministers discuss rakes availability for coal transportation

Union Power Minister R K Singh met Railways Minister Ashwini Vaishnaw to discuss higher availability of rakes for power sector for increasing coal supply to thermal plants amid rising demand

Coal stocks at non-pithead plants low at 26% of normative level

The peak power demand met was around 167GW while the peak shortage of electricity was 0.63 GW on April 22, 2021.

Railways records 20.4% growth in its coal transportation in FY 2021-22

The Indian Railways has recorded a 20.4 per cent growth in its coal transportation in the 2021-22 financial year over the previous fiscal, the national transporter said on Saturday.

Coal shortage, high prices may benefit Coal India, Neyveli Lignite

User industries like metals, cement as well as merchant power producers without captive coal mines likely to feel the heat

Congress blames Centre for coal crunch, power crisis in Maharashtra

The Congress leader further said that the allegations of corruption in the allocation of coal mines, which were made during the UPA regime, were later found to be false

India's coal production grows 8.5% to 777.23 million tonnes in FY22

The statement assumes significance amid reports of coal shortages due to rising demand for electricity with the onset of summer season