The government has directed all the power producers to continue importing 6% of their coal requirements until June 2024, as it expects power demand to hit a new high this summer. The weatherman too has forecast a “harsh” summer. A notification to extend this mandate was issued by the Union power ministry on March 4. […]
Category: Coal
Govt extends mandate for utilities to import 6% of coal needs until June
The Indian government has extended the mandate for the country’s power producers to import 6% of their coal requirements until June, despite adequate domestic availability, amid transport constraints and higher electricity demand, a power ministry note said on Tuesday. India last year had asked utilities to import 6% of their coal requirements until March due […]
Govt extends mandate for power producers to import 6% of coal needs
The Indian government has extended the mandate for the country’s power producers to import 6 per cent of their coal requirements until June, despite adequate domestic availability, amid transport constraints and higher electricity demand, a power ministry note said on Tuesday. India last year had asked utilities to import 6 per cent of their coal […]
Private Indian firms look to bet big on coal-fired power after long absence
Private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector. Adani Power, JSW Group and Essar Power are among the companies that have told India’s power ministry […]
WBPDCL not debarred illegally to participate in auctions: Coal Ministry
The Centre on Monday refuted media reports that West Bengal Power Development Corporation Limited was illegally barred by the Coal Ministry from participating in an auction for coal mines located in West Bengal. “An article has been published in a section of media alleging that the Union Government illegally barred West Bengal from coal auctions, […]
Coal production from captive, commercial mines rises 27% in Apr-Feb
The coal production from captive and commercial mines has increased 27.06 per cent year-on-year to 126.8 million tonnes (MT) in the April-February this fiscal. The coal dispatch from the captive and commercial mines in the first eleven months of the current financial year also rose 29.14 per cent to 128.88 MT over the corresponding period […]
Vedanta, CIL, Ola among the 50 players bidding for critical mineral blocks
Vedanta, Coal India, and NLC India, alongside Ola Electric, Jindal Power, and the Dalmia Group, Shree Cement are participating as bidders for 20 blocks in the initial phase of the auction for critical mineral blocks in India. The Ministry of Mines late on Thursday said that it has received more than 50 bids for the […]
Coal-producing states earn revenue of Rs 1.52 trillion in last 9 yrs: Govt
Coal-producing states earned a revenue of Rs 1.52 lakh crore in the last nine years from royalty, District Mineral Foundation (DMF) and National Mineral Exploration Trust (NMET). State-wise and year-wise data indicate that the coal mining sector is a very significant contributor to the revenue of states including Jharkhand, Chhattisgarh, Odisha and Madhya Pradesh, the […]
Coal India output rises 11% to 685 mn tonnes during Apr-Feb FY24
State-owned Coal India Ltd on Friday reported a 10.5 per cent rise in production at 685.1 million tonnes (MT) during the April-February period of the ongoing fiscal. The public sector coal producer had registered an output of 619.7 MT in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE. In February, […]
New US sanctions may curb Indian imports of Russian coal, say traders
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said. Russia, historically a minor exporter of the fuel to India, began boosting shipments to the south Asian country after […]
Coal minister Joshi launches coal logistics policy for infra development
Aiming at transporting coal seamlessly across the country, the Union Ministry of Coal has drafted a logistics plan and policy in consultation with all stakeholders in the supply chain. The plan, called “Coal Logistics Plan and Policy” and unveiled by Union Minister for Coal, Mines and Parliamentary Affairs Pralhad Joshi on Thursday, will bring together […]
‘New US sanctions more likely to curb Indian imports of Russian coal’
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said. Russia, historically a minor exporter of the fuel to India, began boosting shipments to the south Asian country after […]