Page 22 - Coal

Retiring older coal-generation assets could save Rs 37,750 crore: CEEW

The report said out of India's total installed capacity of 300 Gw, some 35 Gw of coal-based power plants can be decommissioned on priority

India can fulfil 50% coking coal requirement from Russia: JSPL MD

India can fulfil its 50 per cent requirement of coking coal from imports from Russia, a top industry executive has said. On Wednesday, the Union Cabinet chaired by Prime Minister Narendra Modi approved a pact between India and Russia regarding cooperation on coking coal. At present, for sourcing of the key steel making raw material, domestic players remain dependent on imports from a select group of countries. V R Sharma, Managing Director of Jindal Steel and Power Ltd (JSPL), said "the government has taken a farsighted decision to encourage Russian miners to supply coking coal to Indian steel mills. India can import at least 50 per cent coking coal from Russia and balance from other countries." "This will make the cost effective blend of coking coal for making metallurgical coke." Around 85 per cent of India's coking coal demand is met through imports. The cooperation with Russia will help India reduce its dependence on far-located countries like Australia, South Africa, Canada a

NGT asks Chhattisgarh to construct road for transporting coal from mines

The National Green Tribunal has rapped the Chhattisgarh government for not constructing a road for transporting coal from mines to thermal power plants to minimise air pollution. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel directed the chief secretary, Chhattisgarh to ensure necessary action on the part of departments concerned on the subject of construction of road and providing health care facilities and drinking water to those affected by air pollution in the area. The State Board should prepare a list of areas where unscientific disposal of fly ash has taken place and generate data about the quantity of the coal mined, used in industries and available for thermal power plants," the bench said. Steps need to be taken expeditiously for development of health facilities, constructing necessary road from Raigarh to Dharamjaygarh and from Punjipatra to Milupara, disposal of fly ash in abandoned coal mines and constitution of State Level Committee to look into scientif

Coal India's e-auction sales up 52% YoY in April-May, as demand rises

Firm posts 16% add-on over notified price during April-May 2021 versus 7% in same period last year

Getting real about coal and climate

A document from the United Mine Workers offers reason to hope

No early end to India's love for coal despite climatic commitments

While home minister Amit Shah sees it as critical to India's goal of becoming a $5-trn economy, coal plays a crucial role in the politics of the Centre and eastern states too

Coal India plans to substitute 80-85 mt of imported coal in current fiscal

Coal India Ltd is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal

Coal India sees a 3x surge in October e-auction volumes at 17 mn tonnes

The company said the spike is due to increased demand from the power sector and several unstructured coal buyers

Piyush Goyal holds discussions with top leadership of coal and power sector

Goyal held a meeting with top leaders of the coal and power sector to ensure consolidation of the coal business of Railways and to suggest ways to further improve the joint operational productivity

World Bank's IFC adopts climate rules to deter lenders from backing coal

IFC, which owns equity stakes in many large commercial banks in emerging markets, hopes the restrictions will trigger other investors to exit the coal sector

The Sebi-CERC turf war over control of trading in energy as a commodity

The stakes are indeed steep because international traders in this market are often massive entities who could swamp a regulator with little experience

Coal India e-auction fuel allocation rises 21.5% in to 19.76 MT in June qtr

In the corresponding quarter a year ago, the fuel allocation by the PSU under all the four windows of e-auction was 16.26 MT

Coal India sees 'uncertain' July-Sep as some states still under lockdown

The state-owned miner produced 18.05 MT of coal from July 1 to July 16 against 19.61 MT produced in the same period last year

FDI norms to be eased further, other economic reforms in pipeline: Goyal

The minister said that new industrial policy and forest policy would be brought out soon, along with further forms in the mining sector

German Parliament finalising long-awaited plan to phase out coal energy

Germany is already phasing out nuclear power and the government envisions greater reliance on renewable energy as well as hydrogen and natural gas in the future

Is the spot market mechanism the panacaea for the slack in energy sector?

While benefits in supply and pricing are likely to accrue to the consumer with the activation of energy exchanges, certain grey areas need to be addressed

India will reduce imports, turn Covid-19 crisis into opportunity: PM Modi

The Prime Minister also highlighted that India does not export coal but is the world's second-largest coal-importer

FM gives reforms pill for ailing economy with privatisation, policy tweaks

In the latest announcement, the government's focus was on structural reform in sectors such as coal, minerals, aviation, defence, aerospace, power, and social infrastructure

Coal reforms much needed, but statutory implementation hurdles remain

With the abundant inventory within India, there's a clear a need to reduce imports, especially thermal coal, imports of which were around 200 million tonnes last fiscal

Vedanta banks on Jamkhani coal block to lower aluminium production cost

Once operational, the coal block will save power costs by 10-15%, get company closer to its avowed aluminium Cost of Production of $1,500 per tonne