The Cabinet’s panel on economic affairs on Thursday approved equity investment of Rs 5,607 crore by Coal India Ltd subsidiaries in two thermal power projects — one each in Madhya Pradesh and Odisha — with a combined capacity of 2,260 megawatt to be built at an investment of Rs 21,547 crore capital expenditure. The investment […]
Category: Coal
Coal
Cabinet approves power projects including investments by Coal India and subsidiaries
The Cabinet on Thursday approved equity investment by South Eastern Coalfields (SECL) and Mahanadi Coalfields (MCL). Further, Coal India will also set up two Pithead Thermal Power Plants through its subsidiaries, a move aimed at providing cheaper power. The Cabinet Committee on Economic Affairs (CCEA) approved investment by SECL for setting-up 1×660 MW Thermal Power […]
Govt reviews status of commercial, captive coal mines; urges allottees to increase production
The coal ministry on Thursday reviewed the status of commercial and captive coal blocks that have already started production as well as those which are expected to commence production. During a high level meeting to review the status of ‘producing and expected to produce’ captive and commercial coal mines, Additional Secretary at the ministry M […]
Govt plans financial support for coal gasification, higher production
Rolling out a policy to provide financial support for coal gasification projects, augmenting production and promoting underground mining activities are among the government’s priorities for the coal sector, which is key to meet the country’s rising electricity demand. Besides, efforts will be made to bring more captive and commercial coal mines into operation, improve the […]
India’s coal import for blending drops 44 per cent amid rising power generation
In a significant shift towards self-reliance in coal production, India has recorded a 44.28% decrease in coal import for blending, bringing it down to 15.16 million tonne (MT) up to November 2023, compared to 27.21 MT during the same period last year. This reduction aligns with the country’s escalating power demand and its commitment to […]
Coal-based power generation rises 8.38% to 779.1 billion units in Apr-Nov
The domestic coal-based power generation increased 8.38 per cent to 779.1 Billion Units (BU) in April-November FY24 , an official statement said on Saturday. In the year-ago period, the domestic coal-based power generation stood at 718.83 BU. India’s power generation increased 7.71 per cent in the period under review, the coal ministry said in a […]
Coal imports saved India from major power crisis last year: Power minister R K Singh
Union Minister for Power and New & Renewable Energy, RK Singh said that the government’s mandate of using imported coal for blending at thermal power plants played a crucial role in averting a major power crisis in India in September 2022. “The gap between daily coal consumption and daily arrival of domestic coal ranged between […]
SECL to adopt Miyawaki plantation method, invests Rs 4 crore in pilot project
In a significant move towards environmental conservation, South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India Ltd, will be implementing the Miyawaki method of plantation in its Gevra Area in Chhattisgarh. This pilot project, aimed at enhancing the green cover in the coal belt region, is backed by an investment of Rs 4 crore […]
NLC India signs pact with TNSDC, NTTF
State-owned NLC India Ltd has entered into a pact with Tamil Nadu Skill Development Corporation and Nettur Technical Training Foundation for skill development training programme for unemployed youth, the government said on Friday. This collaboration will impart job-oriented skill development training for 540 wards of project affected families of NLC India Ltd’s operating areas in […]
Domestic coal-based power generation soars 8.8% to 686.7 billion units in Apr-Oct: Coal ministry
The domestic coal-based power generation increased by 8.8% to 686.7 billion units (BU) in the April-October period of the current financial year, the ministry of coal said. This significant increase in power production is attributed to multiple factors, including elevated temperatures, delayed monsoons in the Northern region, and the resurgence of full-scale commercial activities post-Covid. […]
Karnataka to import 2.5 lakh tonnes of coal at USD 86 per tonne
The Karnataka government has decided to procure 2.5 lakh metric tonnes of imported coal at USD 86 per tonne, state Additional Chief Secretary (Energy Department) Gaurav Gupta said on Tuesday. Gupta said a decision to this effect was taken by the Karnataka Power Corporation Limited (KPCL). Accordingly, a work order has been issued but supply […]
Coal power plants thriving at 65% PLF despite record RE capacity addition, says CRISIL
Plant load factors (PLFs) of coal-based power plants in India will improve to ~65 per cent this fiscal despite record renewable energy (RE) capacity addition, said a report by CRISIL Ratings. Healthy PLFs, it added, along with lower receivables and encouraging fuel supply will support the credit profiles of private coal-based generating companies (gencos). The […]