NTPC has produced 19.117 million tonnes (MT) of coal from its captive mines during the April-October period of the ongoing fiscal, a year-on-year rise of 86 per cent. It had produced 10.282 MT in the nine-month period of the preceding 2022-23 financial year, the company said in a statement on Thursday. In addition, NTPC has […]
Category: Coal
Consider investing in coal, provide financing to mines: Centre asks REC
The coal ministry has urged REC to consider investing in the coal sector and provide financing to mines which would assist in faster operationalisation of the same. REC is a state-owned non-banking finance firm. Speaking at a workshop on ‘Customised Debt-Financing for Commercial Mining & MDOs’ in the national capital, coal additional secretary M Nagaraju […]
Notable growth in coal sector due to rise in output of fossil fuel: Govt
The Centre on Thursday said the significant growth in the coal sector is due to a rise in production of the fossil fuel during September. The production of coal in September 2023 increased to 67.27 million tonne (MT), against 58.04 MT in the year-ago period. As per the index of eight core industries for September […]
Coal India’s supply to thermal power plants rises 11% to 50.8 MT in October
State-owned CIL’s coal supply to electricity generating plants rose by 11 per cent to 50.8 MT in October amid higher power demand in the festive month. The fuel supply by Coal India Ltd (CIL) to the power sector was 45.8 MT in October last fiscal. The higher supply of five million tonnes (MT) was despite […]
Rahul interacts with coal mines workers, voices concern over privatisation
Voicing concern over “privatisation of mines”, Congress leader Rahul Gandhi on Wednesday alleged that it was a violation of labour laws and it meant pushing the workers into “bonded” labour, as he shared a video of his recent interaction with workers of the Singareni Coal Mines in Telangana. In the video shared by Gandhi on […]
Coal output picks up momentum in last 15 days after heavy rainfall: Govt
The country’s coal production has picked up momentum in the last 15 days after unprecedented rains in early October in coal producing states, the government said on Monday. Total production of coal from all sources during the last 15 days is over 26.40 lakh tonnes per day. “Coal production in the country, during current FY […]
SECL achieves record 100 MT of coal dispatch with 17.5% growth in FY23
South Eastern Coalfields Limited (SECL) announced on Sunday that it had surpassed 100 million tonnes of coal dispatched for the current fiscal year, achieving a growth of 17.65 per cent over the previous year when the Coal India subsidiary dispatched 85 million tonnes of dry fuel. Of the total dispatch, more than 80 per cent […]
Coal mine fire in Kazakhstan kills 28 workers, investigation underway
At least 28 people were killed and over 23 are still missing after a fire erupted in a coal mine in Kazakhstan on Saturday, reported Al Jazeera, citing the Ministry for Emergency Situations. The Kazakhstan coal mine was operated by ArcelorMittal Temirtau, which is the local representative for Luxembourg-based multinational ArcelorMittal, the world’s second-largest steel […]
Coal ministry asks DFS to classify coal under infrastructure sector
The coal ministry on Saturday said it has requested the Department of Financial Services (DFS) to consider classifying coal under infrastructure sector, a move which will ensure financing of commercial coal mines. This reclassification would allow banks and financial institutions to formulate policies more effectively to meet the increasing requirements of the coal sector in […]
Power Ministry asks utilities to import 6% of their coal until March
India has asked utilities to import 6% of their coal requirement until March, due to rising power demand and inadequate supply of domestic coal, the power ministry said. Worries have mounted over shrinking coal stocks at power plants, where inventories fell the fastest in two years during the first half of October. In a letter […]
AIPEF demands withdrawal of ministry’s order extending coal import deadline
The All India Power Engineers Federation (AIPEF) on Thursday demanded withdrawal of the power ministry’s order extending coal imports till June 30, 2024, saying there is no shortage of the dry fuel in the country. In an October 23 notification, the government asked imported coal-based power plants to operate at full capacity until June 30, […]
Centre extends mandate on coal import; blending to continue till March 2024
The Centre has extended two mandates, which are aimed at increasing coal imports into the country. In two separate notices, the Union power ministry has directed imported coal-based (ICB) units to run till June 2024 and all power generating companies to import coal up to 6 per cent of their requirements till March 2024. The […]