NEW DELHI: India is leaning toward continuing to import coking coal from Russia, the steel minister said on Sunday, seeming to buck a global trend to shun Moscow over its invasion of Ukraine. “We are moving in the direction of importing coking coal from Russia,” steel minister Ramchandra Prasad Singh told a conference in New […]
Category: Coal
Coal ministry seeks to ease green norms to boost domestic production
NEW DELHI: The coal ministry will seek a relaxation of some environmental norms to help increase the country’s overall coal production, coal minister Pralhad Joshi said on Tuesday. Domestic demand for coal has risen considerably because of a steep hike in international prices, Joshi said, according to a press statement issued by ministry of coal.
Coal duty seen to be delaying Oz trade pact
NEW DELHI: The government’s concern over duty-free import of coal under the proposed bilateral trade agreement with Australia is seen as the main reason for a delay in the announcement of an interim deal, which was to be the key element of the PM-level summit on Monday. While everything was going on smoothly and commerce […]
Coal extraction in Northeast to gain pace, private parties to be roped in
GUWAHATI: As sporadic coal mining remains the biggest hurdle in streamlining coal exploration in the northeast, the Union coal ministry has initiated the process of expediting organized coal extraction by roping in private parties. Of the 50 identified coal blocks in the region, coal ministry officials said the two newest coal blocks identified are in […]
Govt asks coal sector to enhance production to cut dependence on imports
NEW DELHI: The government on Monday asked the domestic coal sector to increase production to reduce the country’s dependence on imports. Speaking at coal ministry’s Iconic Week Celebrations of Azadi Ka Amrit Mahotsav, minister of state for coal, mines and railways Raosaheb Patil Danve also noted that sustainable mining needs to be ensured to protect […]
Coal India arm BCCL’s output up by record 61% in Feb to 3.24 mt
RANCHI: Coal India’s subsidiary BCCL has posted a record 61 per cent growth in its production to 3.24 million tonne (mt) in February this year over the corresponding month last fiscal, a company statement said. Bharat Coking Coal Ltd (BCCL), a Dhanbad-based subsidiary of the Maharatna public sector undertaking, also claimed that it registered the […]
Govt plans new tech, digital infrastructure to support domestic coal mines operations
NEW DELHI: The government plans to implement new technologies and build digital infrastructure to support current and future coal mines operations, a move that would reduce the country’s dependency on imports. Technological advancements in coal mining are also making operations more productive. “The objective is to implement new technologies and build digital infrastructure to support […]
Coal India plans bulk exports for first time
BENGALURU: Coal India, the world’s largest coal miner, plans to directly export output to neighbouring countries, according to sources and documents seen by Reuters, after decades of exclusively supplying domestic consumers. The state-run company plans to export to Bangladesh, Nepal and Bhutan, according to a draft policy sent to the secretary of coal ministry and […]
Aluminium Association seeks elimination of coal cess in upcoming Union Budget
NEW DELHI: The Aluminium Association of India (AAI) has sought the elimination of coal cess in the upcoming Union Budget and said the steep hike of the same has adversely affected the sustainability of the sector. Finance minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1. The AAI said it is […]
CIL capex at 10.7k cr till Dec of FY22
Kolkata: Continuing the growth trend in its capital expenditure Maharatna PSU Coal India (CIL) has incurred a capital expenditure of Rs 10,717 crore till December of the ongoing financial year clocking a strong 37.4% year-on-year growth. Capex during April- December, 2020, was at Rs 7,801 crore. A CIL official pointed out that the capex scale-up […]
Lower coal allocation affects operations of paper mills in India
CHENNAI: Operations of paper mills in the country are getting severely impacted due to lower coal allocation by Coal India and its subsidiaries and non-availability of adequate railway rakes for transportation of coal from mines to paper mills. In a communication to the Union ministers of coal & mines and railways, the Indian Paper Manufacturers […]
Coal case: Vikas sent to 2-wk judicial custody
Asansol: Vikas Mishra, an accused in the illegal coal mining case, was sent to judicial custody till January 5 by the special CBI court on Wednesday. Mishra, who is the brother of former Trinamool Congress leader Vinay Mishra, had been granted interim bail on health grounds but CBI pleaded for its cancellation and got the […]