Energy and environmental services major, Thermax Ltd, said on Friday that it is in discussion with several steel companies in the eastern region for a commercial-scale high-ash coal gasification project. This project will be the first of its kind in the eastern region. Thermax is also in dialogue with Coal India on coal gasification technology. […]
Category: Coal
Coal
ACC bags Lamatola coking mine on 3rd day of auction
Cement major ACC Ltd bagged the Lamatola coking coal block situated in Madhya Pradesh on Thursday in the ongoing nineth round of auction of commercial coal mines, according to an official release. ACC submitted the final bid offering a premium of 16.75 per cent against the reserve price of 4 per cent. “Including today’s auction, […]
Indian government panel backs higher carbon tax on coal imports
A panel of officials from Indian ministries has called for a bigger carbon tax on higher quality imported coal while cutting rates for domestic coal, in a bid to slash shipments of the polluting fuel, the coal ministry said on Thursday. Coal is among India’s top five commodity imports by value. Despite surging domestic production, […]
Govt auctions 91 coal mines for commercial use so far
A total of 91 coal mines have been auctioned so far with expected annual revenue of over Rs 33,000 crore, an official statement said on Tuesday. Since the launch of commercial coal auctions in 2020, the transparent and fair auction process has been well-received by the industry, with no complaints received, it added. he sale […]
Substantial surge in coal production and dispatch in Feb ’24
The coal sector has achieved a substantial surge in overall coal production during the month of February 2024, attaining 96.60 million ton (MT) (provisional) coal production, surpassing the figures of 86.38 MT of the corresponding month in previous year, representing an increase of 11.83 percent. The production of Coal India Limited (CIL) rose to 74.76 […]
Private Indian firms look to bet big on coal-fired power after long absence
Private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector. Adani Power, JSW Group and Essar Power are among the companies that have told India’s power ministry […]
Coal India posts output increase of 10.5% to 685.1 million tonnes during April-February period
State-owned Coal India Ltd announced that it produced 685.1 million tonnes (MT) of coal during April-February period of the ongoing fiscal year, recording a rise of 10.5 per cent year-on-year. During the same period last year, it had registered an output of 619.7 million tonnes. For February, Coal India posted a production increase of 8.72 […]
Bengal to float global tender for Deocha Pachami coal block development
The West Bengal government will float a global tender seeking Expression of Interest for a Mine Developer and Operator (MDO) for the Deocha Pachami coal block, Power Minister Aroop Biswas said on Friday. The coal block in Birbhum district could see a peak investment of Rs 35,000 crore. This block is considered the world’s second-largest […]
India to boost energy self-reliance through coal gasification: Additional coal secy
M. Nagaraju, Additional Secretary, Ministry of Coal, on Wednesday, emphasized the critical role of coal gasification in enhancing India’s energy security and advancing towards a self-reliant nation. Speaking at a roadshow organized by the Ministry of Coal in Mumbai to promote coal/lignite gasification projects, Nagaraju highlighted the government’s commitment to diversifying the use of coal, […]
CIL and NLCIL near capex goal, achieving 95.83% of FY24 target
Coal India Limited (CIL) and Neyveli Lignite Corporation India Limited (NLCIL), under the Ministry of Coal, have achieved 95.83% of their capital expenditure (capex) target for the fiscal year 2023-24, with an investment of ₹20,153 crore out of the targeted ₹21,030 crore as of January 2024. The performance aligns with the trend of surpassing capex […]
Roadshow for coal gasification projects on Wednesday
The coal ministry will on Wednesday hold another roadshow in a bid to push coal gasification projects. The roadshow will be held in Mumbai. “After a successful and enthusiastically concluded industry interaction on February 16, 2024, in Hyderabad, focusing on the scheme for promotion of coal/lignite gasification projects, Ministry of Coal…is poised to conduct another […]
Union govt intends to take up coal, lignite gasification projects on high priority: Coal secretary
Emphasising the importance of coal and lignite gasification projects in India’s energy transition, Union Coal Secretary Amrit Lal Meena on Friday said the union government intends to take up these projects on very high priority. Meena addressed an industry interaction meeting organised by the Ministry of Coal here, on ways to promote coal, and lignite […]