Payment security mechanism for power generating companies on the agenda for 2022

A greater payment security mechanism for power generation companies to ensure timely payouts for supply of electricity will be in focus in 2022 as stricter rules are on the anvil for 24×7 power supply amid discoms’ outstanding dues at a whopping Rs 1.56 lakh crore. Mounting outstanding dues of distribution companies (discoms) to electricity generation […]

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Usage of coal is reaching record levels in India and China: IEA

The International Energy Agency (IEA) has called on China and India to reduce coal power generation and put their climate pledges into action, describing both countries as “holding the key to future coal demand”. The world’s two largest coal producers – with economies that account for nearly three billion people combined – are currently responsible for […]

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Coal production stops in 45 coal mines owned by Singareni Collieries (SCCL) due to strike

The 3-day strike has been called by the trade unions of the SCCL to protest the Centre’s decision to auction four coal blocks in the State for commercial mining has impacted production at 45 coal mines. Coal production in the government-owned Singareni Collieries Company Limited (SCCL)’s 45 coal mines located across six districts came to […]

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Coal India’s First Mile Connectivity and railway projects to be brought under National Monetisation Pipeline

India is determined to bring the coal sector under the national monetisation pipeline aggressively even as it has relaxed norms forbidding coal blocks, wanting them to handover over to the qualified bidders, risk-free. Coal secretary, Anil Kumar Jain, said the government was looking at monetising the first-mile connectivity (FMC) projects and the railway projects, which Coal […]

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