Page 17 - Coal

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

Power ministry recommends importing coal for blending to meet demand

It has also allowed tolling which essentially would mean giving electricity producers access to coal near a plant rather than transporting it from allocated mines that may be in far away areas

India allows state utilities to sell 25% allocated coal to other producers

India is likely to face more power cuts this year as utilities' coal inventories are at the lowest pre-summer levels in at least nine years

Coal India's capital expenditure grows 12% to Rs 14,834 cr in FY'22

The capex boost of Coal India was to catalyse the output growth and align it with evacuation outlets.

JSPL plans to set up India's second coal gasification plant at Raigarh

The company is already using the coal gasification technology to produce steel at its plant in Angul, Odisha

Fresh coal crisis looms in India as top miner adds new curbs

Coal India is restricting deliveries to industrial consumers to prioritise power plants, with fuel stockpiles already below target levels and the country heading into a traditional summer demand peak

European Union proposes Russian coal ban in new sanctions

Russian coal would be easier to replace than Russian gas because coal comes by ship and there are multiple global suppliers

Cost savings, higher volumes and lower valuations strengthen JSPL outlook

In the near term, JSPL has won contracts in Europe filling the gap caused by Ukraine War. In the longer term, it hopes capacity expansions will boost volumes, making up for possibly lower realisations

Best of BS Opinion: Reform reversal, the NPS challenge, and more

Here are the Best of BS Opinion for the day.

Andhra Pradesh cancels Adani bids to supply imported coal: Report

India's southern Andhra Pradesh has cancelled bids made for two separate tenders by India's Adani Enterprises to supply imported coal as the prices quoted were too high

India's March electricity shortage is the worst since coal crisis in Oct

The energy hungry nation has seen a surge in power demand in recent days, forcing India to cut coal supplies to the non-power sector

India cuts coal supply, puts hold on auctions as inventories slump

Coal India told Reuters that its supplies to the non-power sector were in line with its average over the "past few years", without elaborating