Coal articles

Coal India supplies 30% more coal to Tamil Nadu for meeting demand

Coal India has decided to supply 16 goods train full of coal to Tamil Nadu Generation and Distribution Corporation every day as demand for power in the state has increased. Sixteen rakes would send around 6.1 lakh tonnes of coal per day, of which 4.95 lakh tonnes would be supplied by Coal India subsidiary Mahanadi

Primary aluminium producers are facing severe coal crisis: AAI

A sharp fall in availability of coal has left aluminium producers having captive plants with no option but to import the dry fuel, thereby sharply increasing the cost of production, an industry body has said. “Primary aluminium producers are facing severe coal crisis. There is a severe fall in coal supply. Sufficient amount of coal

CBI arrests Northern Coalfields manager in bribery case

The Central Bureau of Investigation (CBI) on Wednesday arrested Senior Manager (Civil) of Northern Coalfields Ltd, Singrauli for demanding and accepting a bribe of Rs10,000 from a complainant. During the probe, the CBI recovered cash and investments of about Rs. 1.92 cr. The arrested accused was later produced before the court and has been sent

CIL aims aspirational production of 652 million tonne for FY19

Coal India Ltd is optimistic about an aspirational production target of 652 million tonne for the fiscal year 2018-19, the mining major’s Chairman A K Jha said on Wednesday. The state-run company is also planning to rationalise costs by closing down 53 underground mines this fiscal, Jha said the sidelines of the company’s 44th AGM

India needs stringent steps to maximise efficiency of coal plants: Report

India requires stringent steps to ensure maximising the efficiency of its existing coal-fired power plants to achieve nationally determined contributions under the landmark 2015 Paris Climate Change Agreement, a report said on Thursday. The report by the Indian Institute of Management-Ahmedabad, favours retiring old coal plants, scaling up new and alternative fuels, reducing end-use energy

Reliance Power wins $56-mn arbitration award in Indonesia coal mine dispute

Anil Ambani-promoted Reliance Power on Thursday said one of its subsidiaries has won an arbitration award in a contractual dispute over its Indonesian coal mines. The company will receive $56 million as compensation. “Reliance Power Netherlands BV, a wholly-owned subsidiary of Reliance Power, has won an international arbitration award of $56 Million against Prestige Capital

Government defers Coal India stake sale again as stock falls

The government has advised Coal India that the deadline for a minimum 25% public holding has been deferred by two years since the stock has underperformed, company executives said. The Centre was planning to divest 5%-10% in Coal India to comply with the norm for listed companies. The management had started conducting road shows for

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