Vedanta Ltd, Hindalco Industries, Adani Power Maharashtra and Bharat Aluminium Company Ltd (Balco) are among the 20 companies that have submitted bids for 19 coal mines put up for sale in the second round of auctions for commercial mining. Of the total 34 bids submitted by these firms, the maximum (four each) were from Aurobindo […]
Category: Coal
India’s coal production drops marginally by 2% to 716 mn tonnes in FY’21
India’s total coal production registered a marginal decline of 2.02 per cent to 716.084 million tonnes during the last fiscal year. The country had produced 730.874 million tonnes (MT) of coal in FY’20, according provisional statistics of 2020-21 of the coal ministry. Of the total production of 716.084 MT, 671.297 MT was non-coking coal and […]
Coal India committed to achieving carbon offset of 60k tonnes by year-end
State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday. Apart from taking immediate action for efficient use of energy, CIL, which accounts for over 80 per cent of domestic coal output, […]
Bangladesh govt scraps plans for 10 coal plants, pursues green options
The Bangladesh government has scrapped plans to build 10 coal power plants as it investigates alternative energy sources, including liquefied natural gas. Among the major projects cancelled by the government is a 1,320-megawatt coal-based power plant on the Moheshkhali Island in southeastern Bangladesh, according to State Minister for Power and Energy Nasrul Hamid. Bangladesh had […]
Power Mech Projects soars 15% on order win from Central Coalfield
Shares of Power Mech Projects soared 15 per cent to hit a fresh 52-week high of Rs 767.30 on the BSE in intra-day trade on Monday after the company said it has won a mine development & operation (MOO) project from Central Coalfields Limited (CCL),a subsidiary of Coal India, aggregating to Rs 9,294 crore over […]
Power Mech bags Rs 9,294 crore contract from Central Coalfields
Power Mech Projects Ltd on Monday said it has bagged a Rs 9,294 crore contract from Coal India arm CCL to develop and operate a mine. The project has been awarded to a consortium of Power Mech and AMR India Ltd. Power Mech is the consortium leader with 74 per cent equity stake and AMR […]
Central Coalfields awards Rs 9,294 crore mining project to Power Mech
Power Mech Projects Limited, a Hyderabad based industrial services and construction company said on Monday, it has received a contract of Rs 9,294 crore for Mine Development & Operation (MDO) project from Central Coalfields Limited (CCL). As part of the Centre’s asset monetisation drive, the ministry of coal along with national miner Coal India Ltd […]
India’s coal import rises 30% to 22 million tonnes in April
India’s coal import rose 30.3 per cent to 22.27 million tonnes in April amid supply concerns and demand for pre-monsoon restocking of dry fuel. The country had imported 17.09 million tonnes of coal in April last year, according to a provisional compilation by mjunction services, based on monitoring of vessels’ positions and data received from […]
NGT asks Chhattisgarh to construct road for transporting coal from mines
The National Green Tribunal has rapped the Chhattisgarh government for not constructing a road for transporting coal from mines to thermal power plants to minimise air pollution. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel directed the chief secretary, Chhattisgarh to ensure necessary action on the part of departments concerned on the subject […]
Adani Group strikes coal at Australia’s controversial Charmichael project
Adani Group’s Australian mining division Bravus Mining & Resources has struck coal in the much controversial Charmichael project in Queensland. Bravus Mining and Resources CEO David Boshoff noted that it was an exciting day for the over 2,600 people on the Project; a day that has been in the making for over a decade. “Nearly […]
Adani group strikes first coal from its Carmichael mine in Australia
The Adani group struck first coal from its Carmichael, Australia project on Thursday and will start shipping to its customers according to schedule. With this, the project will not only lift the economic prospects of the hitherto barren Australian outback, but also help Indian power plants to source cheap coal. The project had faced protests […]
Govt revises timeline of second tranche of coal mine auctions
The coal ministry on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining. In a statement, the ministry said the last date for registration of bidders and sale of tender documents on the MSTC website and the bid due date have been revised. The last date for submission of […]