India, under pressure to find more coal to manage power cuts in searing summer heat, said total coal production increased to 33.94 Million Ton (MT) in the first half of May, an increase of 36.23% over the production of 24.91 MT during the same period last year. “Total coal dispatch upto 15th May, 2022 have been […]
Coal India (CIL) has launched a special category of e-auction for importers of coal. This is in line with the government’s declaration to bring down coal imports to zero. Any customer who imported coal during the current year and any of the last two financial years is eligible to participate in this, said the national […]
India’s largest coal producer Coal India Ltd. (CIL) has seen a 10 per cent fall in dispatches in March 2020 due to a sharp fall in demand from the power sector, leading to an increase in inventories both at power plants and coal mines. This comes amid production rising up 6.5 per cent to 84.4 […]
Coal production from captive mines in India during the first eleven months of the ongoing fiscal have increased by 18.8 per cent year-on-year (y-o-y) to 51.7 million tonness (MT) from the corresponding period in FY19. However, about 53 per cent of the output came from coal blocks which were not cancelled by the Supreme Court […]
Coal India has invited bids from developers for setting up a 100 MW solar power plant in Solar Power Developer and Operator mode in Chhattisgarh. It will cater to the green energy requirement of Coal India subsidiary of South Eastern Coalfields which consumes around 850 million units of power annually. This is part of Coal […]
The government will now prioritise getting contracts for coking coal imports at competitive prices instead of trying to buy coal mines, as it was planning earlier. “The plan is to not acquire assets but only freeze orders in advance to get coal at competitive prices,” said Union Coal Minister Pralhad Joshi to Business Standard, on […]
Flooding at one of Coal India Ltd’s largest open-pit mines will halt production there for at least a month, a senior company official told Reuters last week, in a setback for a country trying to reduce its dependence on coal imports. The flooding at the Dipka mine in Chhattisgarh, which produces more than 30 million […]
India’s recent move to allow the private sector to commercially mine coal will boost both production and mining efficiency, and substitution of imported non-coking coal with domestic production could save roughly Rs 30,000 crore of coal imports, credit rating agency CRISIL said in a report. The Indian government recently approved the methodology for auction of […]
India’s coal imports fell to 190.95 Mte in the 2016-17 financial year from 217.78 Mte two years earlier as domestic output rose, the minister of state power, coal & new and renewable energy and mines said in a written reply to a question in parliament. Piyush Goyal said coal imports stood at 203.95 in 2014-15, […]
India’s coal production has increased to more than 100 million tonnes in the last three years, but the continuing dependence of power plants on imported coal and a shift to alternative energy meant the country’s reserves will remain unused, the power, coal, new and renewable energy and mines minister said. The country has the ability […]