The Supreme Court on Monday appointed two judicial officers, Arun Bhardwaj and Sanjay Bansal, as special judges to conduct trials in the sensational coal scam cases pending since 2014 here. Earlier special judge Bharat Parashar was conducting trials in around 40 coal scam cases and has been replaced by two judges after the apex court […]
Category: Coal
Coal
Polluting coal to remain predominant fuel in India’s energy basket
Even as the country pushes for its expansion of the renewable energy projects, coal is set to remain as the predominant fuel in India’s energy mix in foreseeable future. As per the 19th Electric Power Survey, out of the all India power generation installed capacity of 6,19,066 MW by the end of 2026-27, coal based […]
Coal scam: Key accused Anup Majhi appears before CBI sleuths in Kolkata
Anup Majhi alias Lala, the alleged kingpin of the multi-crore-rupee coal scam, appeared before CBI sleuths on Tuesday at the agency’s Nizam Palace office here to face interrogation. Sources in the CBI said Majhi, over the past four months, had been evading the agency’s notices and a look-out circular issued against him. The Central Bureau […]
Coal India clocks record single day rake loading
Coal India Limited (CIL) loaded 372.5 rakes on 19 March, the highest single day loakding this fiscal. Of this, power sector accounted for 90 per cent at 335 rakes, the company said in a statement. “After CIL’s supplies shrunk by 21 per cent amid Covid-19 triggered downward spiral in Q1, the company bounced back strongly […]
14 Odisha coal mines to be auctioned
The Centre on Thursday released its second tranche of auction for commercial coal mining offering 67 mines including 14 blocks from Odisha for sale. This is the highest number of mines on offer in a particular tranche of auction after commencement of the auction regime since 2014. The 14 coal blocks of the State that […]
Banishing coal for power holds key to India’s net-zero goal: Report
India must phase out its coal-fired power plants by the middle of this century to achieve net-zero greenhouse gas emissions by that time, according to a new report on the challenges that’ll be posed in setting more ambitious climate targets. The nation will need to progressively reduce coal’s share in electricity generation, currently at about […]
Delhi court sends Vikas Mishra to judicial custody for 14 days in illegal coal-mining case
A Delhi court Monday sent Vikas Mishra, brother of TMC youth leader Vinay Mishra, to judicial custody for 14 days in connection with a coal mining scam. Special Central Bureau of Investigation (CBI) Judge Anurag Sain on Monday sent Vikas Mishra for 14 days after Enforcement Directorate (ED) didn’t seek further remand of him. Meanwhile, […]
India’s methane emissions from coal mines rising: Report
The climate impact of methane emissions, including by India that is among the top five emitters, from proposed coal mines worldwide could rival the CO2 emissions from all the US coal plants, warned a new report by Global Energy Monitor on Friday. For India, the report estimates methane emissions to be at 45 million tonnes […]
Madras High Court refuses to cancel Tangedco’s coal tender
Madras high court has refused to set aside Rs 1,330 crore coal import tender floated by Tangedco. Refusing to intervene in the order passed by a single judge dated February 24, upholding the tender process, the first bench of Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy dismissed the plea moved by Ind Vigo Coal […]
Coal India’s second interim dividend likely to be Rs 4-5 per share
State-owned Coal India’s second interim dividend could be in the range of Rs 4-5 per share as it is working to match the previous year’s total dividend amid an outstanding of Rs 25,000 crore, coupled with sluggish demand, sources said on Thursday. The miner had announced Rs 7.5 per share as the first interim dividend […]
Guterres asks for transition from coal to renewable energy
UN Secretary-General Antonio Guterres has asked countries and companies to give up coal for energy and move toward renewable sources. In a video message to a summit of the Powering Past Coal Alliance, Guterres on Tuesday called on all governments, private companies and local authorities to take three steps: cancel coal projects in the pipeline, […]
Coal India helped cut 71 MT costly coal imports in current financial year
State-owned miner Coal India Ltd (CIL) today said a host of measures taken by the company have helped cut 71 million tonne of costly coal imports in the April-February period of the current financial year. This includes an increase in e-auction volumes by 43.5 MT; allowing subsidiaries to sign pacts under import substitution with 17 […]