India’s coal import dropped 13.6 per cent to 196.13 million tonne (MT) in the April-February period of the ongoing fiscal year. The country had imported 227.23 MT of coal in the year-ago period, according to a report by mjunction services. mjunction — a joint venture between Tata Steel and SAIL — is a B2B e-commerce […]
Category: Coal
Govt launches auctions for second tranche of commercial coal mining
Allocation of coal mines for commercial mining and sale by private companies would be a rolling auction. The Centre has launched the second tranche of commercial coal auction after 19 mines were awarded in the first round in November 2020. Speaking at the launch of the second round, Pralhad Joshi, union minister for coal and […]
Adani looks beyond coal: Biggest wealth surge heralds rise of next Ambani
After spending two decades building a business empire centered around coal, Indian billionaire Gautam Adani is now looking beyond the fossil fuel to cement his group’s future. His ambitious plans are getting a boost from Prime Minister Narendra Modi. Adani has emerged as India’s infrastructure king, diversifying from mines, ports and power plants into airports, […]
Phasing out coal for power holds key to India’s net-zero goal by 2050
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 […]
Coal India wants to take part in solar energy auctions: Chairman
CHENNAI (Reuters) – Coal India Ltd, the world’s largest coal miner, could venture into solar wafer manufacturing and wants to “aggressively” participate in the country’s solar energy auctions, its chairman told Reuters on Tuesday. “Coal as you know, we’re going to lose business in the next two-three decades. Solar will take over coal slowly as […]
Coal plants fail on pollution norms, may cost 4,800 lives every year: Study
India is racing to install solar capacity and shift its energy mix to renewables, but a study says it has not complied with norms set in 2015 to fix pollution caused by coal-based power plants. The study said that if India operates 55 per cent plant load factor capacity (PLF) at 2018 levels, it could […]
Bill to allow private players in mining activities tabled in Rajya Sabha
The government on Monday introduced in Rajya Sabha a bill to amend the Mines and Mineral (Development and Regulation) Act, which will help create employment opportunities and allow the private sector with enhanced technology in mining activities. Union Minister for Coal and Mines Pralhad Joshi introduced the Mines and Minerals (Development and Regulation) Amendment Bill, […]
Allow pvt sector with enhanced tech in mining: Mines minister Joshi
Mines Minister Pralhad Joshi on Friday said the amendments in the mines and minerals act will help create employment opportunities and allow private sector with enhanced technology in mining activities. Moving the Mines and Minerals Development (Amendment) Bill, 2021, in the Lok Sabha, Joshi said India produces 95 minerals and has same potential like South […]
5 miners, 2 rescuers killed in coal mining disaster in Balochistan’s Harnai
At least five coal miners and two rescuers died due to suffocation after a methane gas fire broke out in the southwestern Pakistani province of Balochistan. This is the second mine disaster in the region within a week. The fire took place at a mine in the Tor Ghar area of Harnai district, about 170 […]
To enhance coal output govt identifies 15 new projects: Joshi
To enhance coal production and reduce imports, Coal India Ltd (CIL) has identified 15 new projects with a capacity to produce 160 million tonnes per annum, Parliament was informed on Wednesday. Coal India Ltd (CIL) aims to achieve 1 billion tonnes of coal production by 2023-24. “The focus of the government is on increasing domestic […]
WB coal scam: SC to hear plea challenging order allowing CBI to investigate
The Supreme Court on Wednesday will hear a plea challenging the Calcutta High Court’s order which allowed the Central Bureau of Investigation (CBI) to investigate a case of alleged illegal mining and transportation of coal in West Bengal, without the State’s consent. Earlier on March 1, the Apex Court had sought a response of the […]
Coal India approves 32 mining projects worth Rs 47,000 cr this fiscal
National miner, Coal India limited (CIL), said it has approved 32 new coal mining projects in the ongoing financial year with an estimated cost of Rs 47,000 crore. Of the 32, twenty-four are expansion of existing projects and the remaining eight are greenfield. The combined incremental peak capacity of these projects is projected at 193 […]