The government on Wednesday said Coal India Ltd (CIL) has maintained the top position among all Central Public Sector Enterprises (CPSEs) in Government e-Marketplace (GeM) procurement. GeM is an online platform for public procurement in the country. As on February 14, 2024, the procurement through GeM has soared to Rs 63,890 crore, which is 300 per cent of the annual target of Rs 21,325 crore, the coal ministry said in a statement. "The ministry of coal has achieved a remarkable milestone in Government e-Marketplace (GeM) procurement, surpassing its target for the fiscal year 2023-24," it said. "The significant increase in GeM procurement not only highlights the ministry's dedication but also underscores the robust collaboration and contributions from coal PSUs. "Their proactive involvement has been instrumental in driving GeM procurement success story, further solidifying their position as key stakeholders in India's coal sector," the ministry said.
There is a need to enhance efficiency of coal-based power plants by reducing their emissions level, Union Minister R K Singh said on Tuesday. The Minister for Power, New and Renewable Energy made the remarks at NTPC's Indian Power Stations O&M Conference (IPS 2024) at Raipur. The event commemorates the historic commissioning of the first unit of NTPC at Singrauli in 1982, NTPC said in a statement. The minister said that transition to green energy should not be worrying as both thermal and renewable shall coexist. "The world is not against coal-based power. However, for our current and upcoming coal-based plants, it is the need of hour to develop a mechanism to ensure increasing efficiency while reducing emission," he said. He further said he appreciates NTPC's contributions to the power sector and that he envisions the company to double its capacity from current 73 GW to 150 GW and become a global, multi-national entity operating its power plants worldwide. The minister had ...
India's coal export to neighbouring countries was 0.78 Million Tonnes (MT) in the April-November period of the ongoing fiscal, Parliament was informed on Thursday. Among the neighbouring countries, India exports coal to Nepal, Bangladesh, and Bhutan. Replying to a question in Lok Sabha, Coal Minister Pralhad Joshi said, "Coal export by the country during the last three years... is 2.945 MT in 2020-21, 1.316 MT in 2021-22, 1.166 MT in 2022-23 and 0.78 MT in 2023-24 (up to November)." Most of the coal produced in the country is consumed domestically. The major coal consuming sectors in the country are power, steel, cement, sponge-iron, and fertiliser. As the primary source of commercial energy in India, coal accounts for half of our energy consumption and remains the dominant fuel for power generation due to its reliability compared to other renewable energy sources.
The government has taken several steps to ramp up domestic production of coal and is committed to reducing shipments of all substitutable grade coal, Parliament was informed on Monday. Coal import for blending dropped 44.3 per cent in April-November FY24 over the year-ago period, Coal Minister Pralhad Joshi said in a written reply to Rajya Sabha. "The focus of the government is on increasing the domestic production of coal and to eliminate non-essential imports of coal in the country. Most of the requirements of coal in the country are met through indigenous production/supply," he said. The country imported 169.08 MT of coal in April-November FY24. The import was 237.67 MT in FY23, 208.63 MT in FY22 and 215.25 MT in FY21.
The country's coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal. India's coal production was at 90.42 MT in the year-ago period. The coal production in the April-January period rose to 784.11 MT (Provisional) over 698.99 MT during the same period in 2022-23, the coal ministry said in a statement. The country's coal dispatch in January rose to 87.37 MT over 82.02 MT in January last fiscal. As on January 31, the coal stock held by coal companies reached 70.37 MT, it said, adding that this surge reflects an annual growth rate of 47.85 per cent. "Concurrently, the coal stock at Thermal Power Plants (TPP), specifically at the location identified as DCB (Domestic Coal Based), marked a notable increase to 36.16 MT on the same date, with an annual growth rate of 15.26 per cent," it said.
UK-based conglomerate SRAM & MRAM Group has formed a joint venture with Indonesian company Energi Alam BORNEO to offer coal supply solutions, according to a statement. The joint venture aims to optimize the procurement and distribution of Indonesian coal in the worldwide energy market, SRAM & MRAM Group said on Saturday. The group said that the joint venture is expected to supply around 300,000 tonnes of Indonesian coal worth USD 30 million (around Rs 250 crore) every month to the Indian market. Energi Alam BORNEO is a major coal trading company in Indonesia. The company sources coal from East Kalimantan, known for the largest coal content in Indonesia and caters to various industries such as power plants, cement, chemical, and industrial applications. SRAM & MRAM Group is a global conglomerate with diverse interests spanning various industries such as oil, technology, agriculture, airport solutions and cybersecurity. Hemalata Arumugam, Group CEO of SRAM & MRAM Group ..
India, the world's third-biggest carbon dioxide emitter, is seeking to rapidly expand its use of nuclear power over the next decade as it aims to both decarbonize and meet rising energy demand
The Union Cabinet on Wednesday approved a Rs 8,500 crore incentive scheme for coal gasification projects, sources said. The adoption of gasification technology in India is expected to reduce the country's reliance on imports of natural gas, methanol, ammonia and other essential products. The cabinet has given its go-ahead to Rs 8,500 crore incentive scheme for coal gasification projects, the sources said. The government is targeting to gasify 100 million tonnes (MT) of coal by 2030. In gasification process, coal is partially oxidised by air, oxygen, steam, or carbon dioxide under controlled conditions to produce a liquid fuel known as syngas. Syngas or synthesis gas can be used for power generation and to make methanol as well.
Union Minister for Coal and Mines Pralhad Joshi on Tuesday said for the first time, the country's coal production is going to cross 1 billion tonne. India is going to stop the import of substitutable coal from next year, Joshi said at the second State Mining Ministers' Conference here. The union minister said there are going to be many difficulties in the coming days as the country will have to do gasification of coal. "Along with these things (difficulties), as far as coal is concerned, this time we are going to cross production of one billion tonnes. This is happening for the first time... I am assuring the country that we are going to stop the import of all substitutable coal from next year," Joshi said. According to him, like petroleum and natural gas, the mining ministry is also very important for the country's economy to grow and become the third largest in the world. Further, he said that the mining revenue of Odisha was Rs 5,000 crore in 2013-14 and after the auction was .
Domestic coal-based power generation increased 7.14 per cent to 872 billion units (BU) in the April-December period of the current fiscal. The rise in domestic coal-based electricity generation reflects an ample supply of coal to meet the growing energy demand in the country, the coal ministry said in a statement. Domestic coal-based power generation was 813.9 BU in the year-ago period, it said. In the country, power is generated from conventional sources -- thermal, nuclear and hydro-- and renewable sources -- wind, solar, biomass etc. Thermal power producers use coal as the main fuel to run the units and the dry fuel contributes to more than 70 per cent of the total electricity generation. Coal-based power generation in the country registered a growth of around 10.13 per cent during April-December period of FY'24, as compared to the corresponding period of previous year while overall power generation grew 6.71 per cent during the same period, the ministry statement said. Coal ..
Adani Power had last month quoted 41 billion rupees ($493.38 million) for the 1,980-megawatt power plant in central India ensnared in insolvency proceedings
Indicating sufficient coal availability in the market, the National Coal Index (NCI) dropped 17.54 per cent to 155.09 points in November 2023. The NCI was at 188.08 points in November 2022, the coal ministry said in a statement on Wednesday. This shows a strong supply of coal in the market, with sufficient availability to meet the growing demand. NCI is a price index that combines coal prices from all sales channels, including notified prices, auction prices and import prices. Established with the base year as fiscal 2017-18, it serves as a reliable indicator of market dynamics, providing insights into price fluctuations. "Similarly, the NCI for non-coking coal stands at 143.52 points in November 2023, reflecting a decline of 25.07 per cent, compared to November 2022, while Coking Coal stands at 188.39 points in November 2023, with a growth of 5.79 per cent compared to the corresponding period of last year," the statement said. The peak of NCI was observed in June 2022 when the i
Later, the power minister Raj Kumar Singh set out plans on Dec. 22 to add 88 gigawatts of thermal power plants by 2032. The vast majority of which will burn coal
State-owned CIL on Tuesday said its supplies to the non-regulated sector rose 31 per cent to 98 Million Tonnes (MT) in the April-December period of the current fiscal. Coal India Ltd (CIL) supplied 75 MT fuel in the corresponding period of the previous fiscal. "Even as CIL supplies to the country's power sector exceeded the projected commitment, the company supplied an all-time high volume of 98 million tonnes to non-regulated sector consumers till December," the maharatna firm said in a statement. With increased production and maximised supplies through all modes of despatch, the coal offtake to power plants of the country by the PSU rose to 454 MT during the April-December period. "This is 8 MT higher than the committed quantity of 446 MT for the period. Compared to 433 MT of April-December last year, the increase is 21 MT with around 5 per cent growth," the PSU said. It produced 532 MT of coal in the April-December period of FY24, logging a year-on-year growth of 11 per cent.
India's coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official statement said on Tuesday. The country's coal output was 83.86 MT in December 2022. "The coal sector has witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights," the statement from the coal ministry said. The production of state-owned Coal India Ltd (CIL) rose 8.27 per cent to 71.86 MT last month as compared to 66.37 MT in December 2022. According to the statement, the cumulative coal production of India during April-December 2023 increased to 684.31 MT from 608.34 MT in the year-ago period. Coal dispatch in December increased by 8.36 per cent to 86.23 MT from 79.58 MT in December 2022. The coal ministry further said it reaffirms its commitment to maintain consistent coal production and dispatch, ensuring an uninterrupted supply for a reliable and resilient energy sector.
India's mineral production went up 13.1 per cent in October 2023, over the same month a year ago, the government said on Monday. The index of mineral production of the mining and quarrying sector for October was 127.4, 13.1 per cent higher than October 2022, as per the provisional figures of Indian Bureau of Mines (IBM). The cumulative growth for the April-October period of the current fiscal over that of the year-ago period is 9.4 per cent. The minerals that showed positive growth in October included iron ore, manganese ore, gold, and coal. Important minerals showing negative growth included lignite, copper conc, and bauxite.
The domestic coal-based power generation increased 8.38 per cent to 779.1 Billion Units (BU) in April-November FY24 , an official statement said on Saturday. In the year-ago period, the domestic coal-based power generation stood at 718.83 BU. India's power generation increased 7.71 per cent in the period under review, the coal ministry said in a statement. The overall coal-based power generation witnessed a year-on-year increase of 11.19 per cent during the period on account of unprecedented rise in temperature, delayed monsoon in the northern region of the country coupled with the resumption of full commercial activities post-Covid. Coal import for blending decreased substantially by 44.28 per cent to 15.16 million tonne (MT) up to November in the current fiscal from 27.21 MT in the year-ago period, despite the escalating power demand. "This shows the nation's commitment to self-reliance in coal production and minimising overall coal imports," the ministry said. The government i
NTPC Mining has achieved coal output of 23.22 Million Metric Tonne (MMT) in FY24 so far, surpassing 23.20 MMT achieved in entire 2022-23 financial year. The milestone was achieved in record 257 days, taking 108 less days than in FY23, recording year-on-year growth of 77 per cent in coal production and 88 per cent in dispatch. NTPC Mining is a subsidiary of NTPC Ltd. "NTPC Mining Ltd (NML) has surpassed the coal production in current fiscal FY24 by producing 23.223 MMT on 13 Dec 2023 compared to FY2022-23 that was 23.203 MMT," a company statement said. Since December 2016, NML's cumulative coal production is more than 91 MMT from its four operational captive mines namely Pakri Barwadih & Chatti-Bariatu coal mines in Jharkhand, Dulanga mine in Odisha and Talaipalli mine in Chhattisgarh. In its pursuit of sustained growth in coal production, NTPC has implemented a comprehensive range of strategies and cutting-edge technologies. These include adoption of rigorous safety measures, ...
After reaching an all-time high this year, global coal demand is expected to decline by 2026 due to a major expansion of renewables, according to the latest edition of the International Energy Agency's (IEA) annual coal market report. This is the first time that the report has predicted a drop in global coal consumption. Around 40 per cent of global carbon dioxide emissions stem from coal, while oil and gas contribute to the remaining percentage. The report says global demand for coal rose by 1.4 per cent in 2023, mainly due to rising energy demand in emerging and developing economies, including India (8 per cent) and China (5 per cent). Consumption is on course to decline in most advanced economies in 2023, including in the European Union and the United States (around 20 per cent each), it said. Both the US and the EU rely more on oil and natural gas. For instance, oil and natural gas accounted for 36 per cent and 33 per cent of the total energy production in the US in 2022. The
The CBI on Thursday conducted searches at 10 locations in West Bengal in connection with an alleged multi-crore coal pilferage scam in the Eastern Coalfields Ltd mines in the state's Kunustoria and Kajora areas, officials said. The searches are taking place at multiple locations in Kolkata and other cities as part of further investigation into the case, they said. The agency had charge-sheeted alleged mastermind Anup Manjhi alias Lala along with 40 others in July last year in connection with the case. The CBI registered an FIR in November 2020 against Manjhi, ECL general managers Amit Kumar Dhar and Jayesh Chandra Rai, ECL security chief Tanmay Das, Kunustoria area security inspector Dhananjay Rai and Kajor area security in-charge Debashish Mukherjee. "They (accused) fraudulently misappropriated coal from the coal reserve of leasehold areas under the dominion of ECL and also from the coal stock parked in the railway sidings for sale and supply," a CBI spokesperson had said on July