Coal power generation up 10.13% during April to December 2023

NEW DELHI: The country’s coal-fired power generation showed significant growth of nearly 10.13% from April to December 2023 compared to the corresponding period of the previous year. Overall power generation increased by 6.71% during the same period. As per the coal ministry, the domestic coal-based power generation from April to December 2023 rose by 7.14% […]

Bidders ‘distressed’ over delay in coal ministry’s nod to relax mining limit

RAIPUR: The excessive delay in commencing the excavation process from coal mines allocated through the commercial auctions by the Centre has raised concerns causing disquiet among the successful bidders. The sixth tranche of such an auction for coal mines launched in November last year got an excellent response (bids received for 32 mines) as the […]

Government auctions 91 coal mines so far; expects to create 3L jobs

NEW DELHI: The government has auctioned 91 mines since it initiated the auctioning of commercial coal mining in the country three years ago. According to the coal ministry, once these mines are fully operational, they are expected to create employment for around three lakh individuals, both directly and indirectly. Currently, six commercial mines have already […]

Centre plans financial support for coal gasification projects, higher production in 2024

NEW DELHI: Rolling out a policy to provide financial support for coal gasification projects, augmenting production and promoting underground mining activities are among the government’s priorities for the coal sector, which is key to meet the country’s rising electricity demand. Besides, efforts will be made to bring more captive and commercial coal mines into operation […]

Coal trucks to go on indefinite strike from September 25, steel industries likely to hit

MANGALURU: Trucks supplying coal from New Mangalore Port to steel, sugar and paper industries located in different parts of the state have decided to go on an indefinite strike from September 25 demanding a hike in transportation cost and fulfilling other demands. There are over 2000 trucks that are dependent on coal supply to steel […]

Mines Bill clears RS test amid Opposition walkout; private players can now join sector

NEW DELHI: Amid a walkout by the Opposition members, the Rajya Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. Soon after the House reassembled in the post-launch session, Union minister for coal and mines Pralhad Joshi moved the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. The Upper House passed […]