Page 20 - Coal

Amid mounting dues, Coal India's price hike plan likely to be delayed

Coal India's plan to raise prices is likely to be delayed as it has failed to secure the nod of key stakeholders amid an outstanding of Rs 24,000-25,000 crore pushing company in a tough situation

China's daily coal output near annual high, govt continues crackdown

The most-traded January contract of thermal coal fell 0.4% to 936 yuan a tonne as of 1409 GMT on Thursday night.

COP26: Countries pledge to phase out climate culprit coal in new pact

Poland, Vietnam and Chile among those pledging to phase out fossil fuel for first time

Coal in the crosshairs as UN climate summit stirs clean energy pledges

Planned announcements are meant to help speed a transition to cleaner forms of energy that scientists and world leaders say are needed quickly to slash greenhouse gas emissions

China coal prices claw back after Beijing signals pacing down price drive

Traders took cue from a meeting earlier on Wednesday as the country's top economic planner told miners and power plants that prices should not fall too much too fast

Glasgow COP26: There's little risk for coal investors on road to 2070

The PM said India would have 500 Gw of renewable energy capacity by 2030 and that 50 per cent of the country's energy demand would be met from non-fossil fuel sources by that year

In the dark: Stress test for the coal economy in India to meet demand

The mechanics of production and supply logistics suggest that power producers will struggle in the coming year too

NTPC invites bids for importing 2 million tonne coal

Since August, coal stock levels at thermal units have dwindled

Coal supply prioritised temporarily to power sector to replenish stock: CIL

State-owned CIL on Tuesday said the supply of coal was prioritised temporarily to power producers to replenish their dwindling stock of the dry fuel. The statement assumes significance in the wake of the country's power plants grappling with fuel shortages. "In view of the low stock position at the power house end due to a spurt in economic activities during post-second wave of COVID-19, the supply of coal was prioritised temporarily to the power sector to replenish their dwindling coal stock," Coal India Ltd (CIL) said in a statement. To achieve the same in the quickest possible time, coal companies were advised only to go slow temporarily on conducting further e-auction of coal, barring the special forward e-auction for power. "This was a highly transitory measure to tide off the current high demand scenario in the power sector and normalcy will be restored soon," the filing said. Coal Minister Pralhad Joshi on Tuesday discussed ways to improve coal stocks at thermal power plant

Coal, railway, power ministers discuss coal supply at power plants

Coal minister Pralhad Joshi on Tuesday discussed ways to improve coal stocks at thermal power plants with railway minister Ashwini Vaishnaw and power minister R K Singh. The meeting comes against the backdrop of power plants grappling with coal shortages. "Held virtual meeting with Ministers @AshwiniVaishnaw ji & @RajKSinghIndia ji, along with officers of @CoalMinistry, CMDs & officials of coal companies. We discussed improving coal stock at thermal power plants & resolved our commitment to fulfill energy demands of the country," Joshi said in a tweet. The coal minister also reviewed the performance of Coal India arm Northern Coalfields Ltd (NCL) and directed it to ramp up production and load at least 34 rakes of the dry fuel daily. "Reviewed @NCL_SINGRAULI today, with the company CMD. Directed NCL to ramp up coal production and load at least 34 rakes per day. After this, will be visiting coal mines of NCL to interact with employees & motivate them to scale up coal ..

Aluminium firms draw costly power from grid, hurting utilities low on coal

A crippling shortage across the country has pushed state-run Coal India to impose temporary supply curbs to non-power consumers

East Coast Railway supplies record 66 rakes of coal in a single day

East Coast Railway on Monday said it has set a record in single-day coal loading

Coal ministry to augment fuel supply to power sector from captive mines

The coal ministry on Friday said it has taken various measures, including diverting the output from captive coal mines, to augment fuel supply to the power sector. The development assumes significance in the wake of country's power plants grappling with coal shortages. "The ministry of coal has taken all efforts to augment coal supplies to the power sector and decided to divert and augment the supplies to power sector from captive coal blocks," the coal ministry said in statement. Captive mines are those that produce coal or mineral for exclusive use by the company that owns the blocks. The ministry offered coal supply from NLC India's Talabira II & III mines in Odisha to NTPC. In this connection, both the companies worked together to commence the supply of coal from Talabira II & III open cast project (OCP) to NTPC (Darlipali & Lara Power Plants). With timely support and necessary coal delivery permits from the department of mines, Goverment of Odisha, the coal ...

India to buy coking coal from Russia; Steel firms look to diversify imports

Move is part of India's National Steel Policy 2017 under which the country aims to reach 300 mn tonne steel output by 2030 while simultaneously working on forward and backward integration

Coal India halts supply to non-power users, hitting industry

India is the world's second largest coal producer, with the world's fourth largest reserves

India's October power supply deficit worst since March 2016

The October shortfall was already the biggest in absolute terms for a single month since November 2018, even with 19 days of October still left.

Rising prices of coal to weigh on steel companies' September qtr earnings

While the YoY show is expected to be stellar on low base and high realisations, QoQ profit growth is estimated to be weak for most players

Power Ministry asks thermal units to import coal for minimum 10% blending

The power ministry said the revival of the economy had led to an increase in demand and consumption of electricity

China coal futures surge to record as flood swamps mine hub

Floods have closed 60 of the 682 coal mines in Shanxi province, a region that has produced 30% of China's supply of the fuel this year, adding to a worsening energy crisis that threatens the country

Is scarcity of coal artificially created, asks Siddaramaiah

He said, power stations should not be privatised - this will be injustice to farmers. Once privatised, free power given to farmers will be stopped.