Coal articles

Paradip Port’s Outer Harbour project at bay on sliding coal demand

Paradip Port Trust (PPT), the second largest major port by cargo volumes after Kandla, has decided to keep in abeyance its ‘Outer Harbour’ project. Apart from the project cost of Rs 87.67 billion, an additional investment of Rs 35 billion was needed to firm up railway connectivity to the proposed harbour. The project was conceptualized

After missing 1st-quarter targets, Coal India is facing criticism yet again

After missing its first-quarter targets, Coal India is facing criticism yet again as the country’s power plants continue to reel under coal stock shortage. This is even after the coal monolith stepped up production and sales dramatically on a year-on-year basis. Company sources suggested that the prevalent 10-day coal stock with the power generators in

Coal imports in Apr-May dip marginally to 36 mn tonnes

Coal imports in the first two months of the ongoing fiscal registered a marginal decline of 2.6 per cent at 36.49 million tonnes (MT). The drop in coal imports comes at a time when some regions, including the national capital, are facing power shortage due to fast depleting coal stockpiles at power plants. “Overall, coal

Coal India’s supply to power plants up 15% in April-June period

Coal supply to the power sector by state-owned CIL increased 15 per cent to 122.8 million tonnes (MT) during April-June of 2018-19 financial year, the company said on Monday. The increase in fuel supplies comes at a time when some regions, including the national capital, are facing power shortage due to fast depleting coal stockpiles

Cash crunch keeps 5 lakh CIL pensioners in lurch

Nearly five lakh retired employees of Coal India Limited (CIL) got a rude shock at the beginning of this month when they found that their pensions had not been remitted to their accounts, owing to what turned out to be a temporary shortage of funds. “I have not received my pension for May till today,”

New CMD says CIL aims to be world’s most-efficient coal miner

The world’s largest miner, Coal India Ltd, now aspires to be the “most-efficient” coal producer, with an aim to bring down costs to a “bare minimum” level as the sector opens up for commercial mining. “We are the world’s largest coal producer, but we wish to be the most-efficient coal miner,” newly-appointed CIL Chairman and

Railways draws action plan to increase coal supply to power plants

With coal stock of some power stations in the national capital region falling to an alarming level, the Railways has drawn up an action plan to increase supply of rakes to power plants in northern India, including Dadri. The Centre has also ensured that the power plants will get adequate supplies of the dry-fuel. “NTPC

Govt orders out-of-turn coal for state-run power firms, pvt ones to be hit

In a jolt to private power producers, the government has ordered Coal India Ltd to make ‘out-of-turn’ allotment of scarce coal to central and state electricity generation companies. The order follows a Coal Ministry directive earlier this month that instructed companies like Mahanadi Coalfields Ltd to deploy rakes of coal only for power plants and