Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings (PSUs) under the Ministry of Power, has signed a Memorandum of Understanding with Coal India Ltd (CIL) for energy efficiency and resource conservation measures for decarbonization of CIL’s projects and facilities. The pact was signed by Venkatesh Dwivedi, Director (Projects & Business Development), […]
Category: Coal
Coal
Australia state commission blocks South32 coal mine extension
An Australian planning body on Friday blocked global miner South32 Ltd’s planned coal mine extension in New South Wales state, citing concerns over its potential irreversible impact to Sydney’s water resources. The decision by the New South Wales Independent Planning Commission halts South32’s plans to extend the life of its underground Dendrobium metallurgical coal mine […]
Coking coal price rally to continue while China curbs Australian coal import – Mitsubishi CFO
Japanese trading house Mitsubishi Corp expects the recent rally in coking coal prices to continue as long as China keeps an unusual suspension of customs clearance of coal cargoes from Australia, its chief financial officer said on Wednesday. The company, which is involved in food production and distribution business and development of an industrial park […]
CBI team probing illegal mining visits Asansol-Durgapur belt
A team of Central Bureau of Investigation (CBI) visited the colliery belts of the Asansol-Durgapur region in West Bengal on Tuesday as part of its investigation into the coal mining scam. The CBI team went to the Andal area and visited some open cast mines at Kajora, carrying out a detailed probe into the illegal […]
Coal India production drops 4.1 per cent in Jan
State-owned CIL’s coal production declined by 4.1 per cent to 60.5 million tonne (MT) last month. Coal India (CIL) had produced 63.1 MT of dry-fuel in January last fiscal, the company said in a BSE filing. The company’s output in the April-January period was at 453.3 MT over 451.5MT in the corresponding period of the […]
Consumers pay Rs 25,000 crore price for high coal tax, keeping power out of GST
Petrol and diesel are not the only sources of energy for which consumers are paying through their nose because of high taxes. A myriad of taxes and levies on coal, which accounts for 55% of electricity generation, and non-inclusion of electricity in GST regime is costing power consumers upwards of Rs 25,000 crore a year. […]
Coal secretary directs officials to expedite rehabilitation process
Coal Secretary Anil Jain on Thursday reviewed progress of the rehabilitation project for people living in fire and subsisdence-prone areas in Jharia and directed officials to implement it on a priority basis, a senior mining official said. As per the latest survey, 1.04 lakh families, including 32,000 legal land owners living in 595 fire and […]
CBI’s coal case probe ‘bad in law’: Bengal government to HC
The Bengal government on Wednesday told the Calcutta High Court that the state had withdrawn its “general consent” to CBI in 2018 and hence the ongoing CBI probe in coal smuggling cases were “bad in law”. The state’s submission prompted CBI to say that the Bengal government was keener on quashing criminal proceedings against the […]
Mahanadi Coal Railway scouts for CEO to implement coal evacuation infrastructure projects in Odisha
In a bid to implement coal evacuation infrastructure projects in the state of Odisha, a joint venture of MCL, IRCON and IDCO- Mahanadi Coal Railway Limited is scouting for a chief executive officer. For the implementation of the project, one corridor has been identified initially. The estimated cost of the project is Rs 1,700 crore. […]
Goa oppn MLAs wear black armbands, demand discussion on coal transport
Goa opposition MLAs wore black armbands and raised black placards on the inaugural day of the state legislative assembly, amid fears of increased coal transportation through Goa. Immediately after Goa Governor Bhagat Singh Koshyari delivered his inaugural address, Leader of Opposition Digambar Kamat slammed the state government for convening a five-day session, saying the coastal […]
Battery storage cheaper than new coal power plants: Analysis
A new economic viability analysis on Friday revealed that renewable energy along with battery storage in Tamil Nadu is cost competitive with new coal power plants. The report finds the levelized cost of energy for a hypothetical hybrid, solar, wind and li-ion battery storage system for the state to be Rs 4.97/kWh in 2021, which […]
Coal producer Yancoal Australia sees demand rebounding
Yancoal Australia Ltd said on Tuesday it expects a rebound in demand for coal-fired electricity generation in 2021 as global economic conditions are set to improve. Following China’s unofficial ban on coal imports from its major supplier Australia in the second half of 2020, Yancoal has been diversifying its customer base with sales made into […]