Category: Coal

A massive fire engulfed the Coal Handling Plant (CHP) of Chandrapur Super Thermal Power Station (CSTPS) late on Sunday night. Efforts by the maintenance team and the firefighting department of the plant kept the damage to minimum and brought the blaze under control within 45 minutes. The fire had no impact on the power generation […]

India’s coal import is expected to be subdued in coming months on account of various factors like prevailing Covid situation, high coal stock in the system and higher international prices, according to mjunction. mjunction — a joint venture between Tata Steel and SAIL — is a B2B e-commerce company and also publishes research reports on […]

French energy group Engie said Wednesday that it would stop using coal to generate electricity in Chile by 2025, while doubling its target for power from renewable sources. The group reaffirmed a commitment to close six coal-fired plants, two of which have already been shut down, that generate nearly 1.5 gigawatts (GW) of electricity, a […]

One of the quirks of Asia’s seaborne coal market is that volumes have held up remarkably well, despite the fuel being demonized for its role in climate change and the rising number of countries and companies spurning it. At least, that was the case for the past several years, but there are now signs that […]

Thermal power plants are finding it difficult to obtain reinsurance cover in international markets as global giants tighten their environment, social and governance (ESG) policies. This has created capacity constraints for insuring coal-fired power projects, which are too big for the balance sheets of domestic insurers. Most of the reinsurance markets in the West have […]

The Centre will meet prospective bidders on Monday for 67 mines offered for sale in the second tranche of the commercial coal mining auction, industry sources said. This is the highest number of mines on offer in a particular tranche after the commencement of the auction regime in 2014. “The government has called for a […]

Coal India Ltd has been in news for diversifying to solar power business having incorporated two wholly-owned subsidiaries – CIL Solar PV Limited for manufacturing of solar value Chain (Ingot-wafer-Cell Module) and CIL Navikarniya Urja Limited for renewable energy. This foray into solar power and renewables is a positive, given rising concerns about climate change […]

State-owned CIL on Friday announced incorporation of two wholly-owned arms. The two subsidiaries are CIL Solar PV Ltd and CIL Navikarniya Urja Ltd, Coal India Ltd (CIL) said in a filing to BSE. CIL Solar PV Limited has been incorporated for manufacturing in solar value chain (Ingot-wafer-Cell Module) and CIL Navikarniya Urja Limited for renewable […]

The Supreme Court on Monday reserved its order on the appointment of Special Public Prosecutors (SPPs) to argue and represent the government side, in cases registered by the Enforcement Directorate (ED) in connection with Coal block scam allocation cases. A three-judge bench of the Apex Court, headed by the Chief Justice of India (CJI) SA […]

Coal India Ltd (CIL) incurred its highest ever capital expenditure of Rs 13,115 crore in the last financial year, a 109% rise compared to the previous year’s capex of Rs 6,270 crore. The rise in capex comes at a time when the Centre has advised CPSEs of the country to scale up their expenditure to […]

A special court in Delhi on Wednesday extended the custody of Ashok Mishra, officer-in-charge of Bankura police station in West Bengal, in what is being seen an important turn in the politically sensitive coal smuggling case allegedly involving Trinamool politicians. The court decided to extend Mishra’s ED custody till April 12 based on “disclosures” made […]

India has been focusing on renewable energy in a big way as part of its commitment to move towards cleaner fuel to address climate change concerns but coal will continue to be an “integral part” of the country’s energy requirements for its “developmental needs”, India told the UN climate body in its biennial report on […]