Coal India to invest in 26 new projects in partnership with private companies

Coal India plans to invest Rs 1.43 lakh crore in 26 projects in new business areas. The new business areas will include solar wafer manufacturing, a greenfield aluminium project along with brownfield aluminium projects in a joint venture with NALCO, solar generation projects, and thermal power plants. CNBC-TV18 reported that the company has received approvals […]

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Some power plants from the South of India agree to substitute imported coal with Coal India’s supply

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Power plants located in the southern part of the country and non-regulated sector (NRS) consumers, including steel and cement, have agreed to substitute imported coal with the dry-fuel produced by the Coal India subsidiary, of Mahanadi Coalfields Ltd (MCL). The development assumes significance in the wake of government’s thrust on reducing coal import dependency of the country […]

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Lower demand from cement, power industries slashes India’s coal import by 35% in August 2020

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India’s coal import declined by 34.9 per cent to 12.46 million tonnes in August 2020 on account of subdued demand from consuming sectors like power and cement industries. India imported 19.14 million tonnes of coal in August last year, according to provisional compilation by mjunction, based on monitoring of vessels’ positions and data received from […]

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