Category: Coal

Plant load factors (PLFs) of coal-based power plants in India will improve to ~65 per cent this fiscal despite record renewable energy (RE) capacity addition, said a report by CRISIL Ratings. Healthy PLFs, it added, along with lower receivables and encouraging fuel supply will support the credit profiles of private coal-based generating companies (gencos). The […]

Coal stocks at nearly half of the large thermal power units were at “critical” levels during the weekend, indicating that despite the call for higher imports to shore up stocks, the situation is yet to be satisfactory. As many as 82 of the 182 thermal power plants monitored by the Central Electricity Authority (CEA) had […]

India will continue to remain the largest coking coal export destination in the near future, industry body ISA said noting that the rise in prices is affecting the domestic steel industry the most. Coking coal is a key raw material that is used to manufacture steel through the blast furnace route. The Indian steel industry […]

NTPC has produced 19.117 million tonnes (MT) of coal from its captive mines during the April-October period of the ongoing fiscal, a year-on-year rise of 86 per cent. It had produced 10.282 MT in the nine-month period of the preceding 2022-23 financial year, the company said in a statement on Thursday. In addition, NTPC has […]

State-owned CIL’s coal supply to electricity generating plants rose by 11 per cent to 50.8 MT in October amid higher power demand in the festive month. The fuel supply by Coal India Ltd (CIL) to the power sector was 45.8 MT in October last fiscal. The higher supply of five million tonnes (MT) was despite […]

State-owned SECL on Sunday said it has despatched 100 million tonnes of coal in record time till October 28 this fiscal. About 80 per cent of the despatch supply has been made to the power sector, South Eastern Coalfields Limited (SECL) said in a statement. “SECL has achieved 100 million tonnes (MT) of coal dispatch […]

As many as 86 thermal power plants in the country, including six imported dry fuel-based, had critical coal stock levels as of October 18, according to a Central Electricity Authority (CEA) report. The power plants are labelled as having a critical coal stock situation, where the dry fuel is less than 25 per cent of […]

The country spent more than Rs 3.85 lakh crore on coal imports last year, the government said on Thursday. Though the share of coal import in total consumption came down from 26 per cent to 21 per cent in the last five years, India is importing more than 200 million tonnes (MT) of dry fuel […]

The coal ministry on Thursday said procurement through Government e-Marketplace (GeM) has exceeded the target for the current year. GeM is an online platform for public procurement in the country. “As on October 15, 2023, the Ministry of Coal has surpassed its GeM procurement target for the current year, reaching Rs 28,665 crore, out of […]

The coal ministry on Thursday said the dispatch of coal is likely to exceed one billion tonnes in the current financial year. The coal ministry has set a target to produce and dispatch 1,012 million tonnes (MT) of coal to consumers during the ongoing fiscal. “During the second half of the year, the rate of […]

The coal industry is expected to shed more than four lakh mining jobs, equivalent to nearly 100 workers per day, by 2035, even without climate pledges or policies to phase out coal, with China and India likely to be the hardest hit, according to a new report. The primary reason will be the market shift […]

Steel Authority of India is expecting four ships of coking coal from Russia in the September quarter, each with a capacity of 75,000 tonnes, Chairman Amarendu Prakash told reporters on Thursday. “We had four ships in the first quarter (April-June) and similarly we are expecting four such shipments in the quarter that ends in September,” […]