Page 18 - Coal
Ministry of Coal puts 122 mines under commercial auction process
The Ministry of Coal on Wednesday said it has put on auction 122 coal and lignite mines under the commercial auction process. Addressing the fifth tranche of auction launch, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi said 42 coal mines have already been auctioned successfully so far. In a statement, the ministry said it "has placed on offer 122 coal/lignite mines today under commercial auction of coal mines, including 18 new coal mines." Sharing the details of mines under different tranches for auction, it said there are 109 coal mines under 15th Tranche of Coal Mines (Special Provisions) Act, 2015 and 5th Tranche of Mines and Minerals (Development & Regulation) Act, 1957. Of the 109 mines on offer, 59 are fully explored mines and 50 are partially explored mines. Four coal mines are under second attempt of 14th Tranche of Coal Mines (Special Provisions) Act, 2015 and Second Attempt of 4th Tranche of Mines and Minerals (Development & ...
 "Ministry of Coal puts 122 mines under commercial auction process")
CIL allays supply shortfall fears, says making efforts to meet coal demand
Allaying fears of coal supply shortage, state-owned Coal India on Monday said it is concentrating its efforts to meet the projected demand of the power sector on priority basis.
 "CIL allays supply shortfall fears, says making efforts to meet coal demand")
Coal prices may stay elevated throughout FY23, says ICRA
With international coal prices increasing further now, this trend in likely to continue in FY23 as well, putting pressure on domestic miners to ramp up production
 "Coal prices may stay elevated throughout FY23, says ICRA")
Aluminium plants receive fewest coal rail rakes in six months
The industry got an average of 18.4 coal-laden carriages a day in the first half of March, the lowest since the 17.8 rakes it received in September
 "Aluminium plants receive fewest coal rail rakes in six months")
India needs 1.3 to 1.5 billion tonnes of coal by 2030
The government on Wednesday informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030.
More rakes to power sector poised to hit key infrastructure: Railways
The ministry is of the view that "any more curtailing will cause crucial infrastructure industries to suffer."
India's Russian coal imports could be highest in over two years in March
Russia could start offering more competitive prices to Chinese and Indian buyers as European and other customers spurn Russia because of sanctions, traders said
India's coal imports fall 8.76% in Feb, domestic production rises
The price of coal in the global market touched a record high of $400 per tonne last week, due to the Russia-Ukraine war
Australia helps allies seeking to replace Russian coal amid Ukraine crisis
The Australian government is helping coal importing nations find alternatives to Russia for supplies by connecting them with local producers, a government spokesperson said on Thursday
Govt plans new digital infra to support domestic coal mines operations
Technological advancements in coal mining are also making operations more productive.
Coal India fuel supply reaches 575 million tonnes so far this fiscal
State-owned CIL has supplied 575 million tonnes (MT) of coal so far this fiscal, surpassing the total dispatch of dry fuel in 2020-21.
 "Coal India fuel supply reaches 575 million tonnes so far this fiscal")
Coal sector faces challenging H2 as imports fall, global prices spike: CIL
State-owned CIL on Friday said the second half of the current fiscal year has remained tough for the country's coal sector with decrease in coal imports and tripling of international coal prices.
Coal shortage crisis in power generation, non-power sector escalates again
The ministry cited the domestic coal supply to the power sector till January 2022, which was 552.65 million tonne
 "Coal shortage crisis in power generation, non-power sector escalates again")
India must step up coal imports to avoid a repeat of last year's crisis
Unreliable domestic dispatches prompt customers to either pay more for imports or stop operations
 "India must step up coal imports to avoid a repeat of last year's crisis")
Aluminium players say captive plants facing alarmingly depleted coal stock
Seeking government's help, the aluminium industry has also made a plea to earmark at least 25-30 coal rakes per day for economically viable and sustainable industry operations
 "Aluminium players say captive plants facing alarmingly depleted coal stock")
Coal shortage now at alarming levels, say aluminium producers
The Aluminium Association of India (AAI) has approached the Ministry of Coal, urging the immediate resumption of adequate coal rakes for the highly power-intensive Aluminium industry
 "Coal shortage now at alarming levels, say aluminium producers")
Four pilot projects for coal gasification to be set up: Sitharaman
Gasification of coal is a process in which coal is partially oxidated by air, oxygen, steam or carbon dioxide under controlled conditions to produce a fuel gas
Global coal prices surge as Ukraine tensions worsen supply woes
Europe relies on Russia for around 35% of its natural gas, and has been grappling with a gas shortage since last summer that sent local prices to record highs late last year
 "Global coal prices surge as Ukraine tensions worsen supply woes")
Govt launches portal to share key performance indicators of coal sector
The portal was launched by Coal Secretary Anil Kumar Jain
 "Govt launches portal to share key performance indicators of coal sector")
NTPC steps up coal imports, seeks to avoid power crunch later this year
The New Delhi-based company is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand