Category: Coal

Goa Industrial Development Corporation (GIDC) has asked the Union coal ministry for additional time to appoint a mine developer-cum-operator and pay the performance guarantee for the Dongri Tal II coal block at Singrauli in Madhya Pradesh. GIDC has also informed the Centre that the state government has appointed Nagpur-based firm, a’XYKno Capital Services Private Limited […]

Coal India Limited (CIL) has announced that it would invest ₹56.50 billion ($763 million) by March 2024 to develop 14 solar power projects to help power its mining operations, according to a report by Reuters. As per the report, the state-owned company will fund nearly two-thirds of the total capacity of 3 GW of rooftop […]

Thermal coal imports in China will increase in December as the National Development and Reform Commission (NDRC) wants to stabilize the price for QHD 5500 variety to below RMB 600 per tonne, global energy consultancy firm Woodmac said in a statement. The company said that market news is that the NDRC asked coal miners to […]

The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year-on-year decline in coal funding in India following a 90 per cent decrease in 2018. The report, made public on Tuesday, finds a 126 per cent drop in funding from the commercial banks to coal compared to 2018. There has also been […]

LONGi Solar, Jinko Solar, and Adani emerged as the top three solar modules suppliers in India in the first half (1H) of the calendar year (CY) 2020. According to Mercom’s recently released India Solar Market Leaderboard 1H 2020, together, these three suppliers accounted for about 31% of the total market share. The top 10 module […]

India’s Adani Enterprises, which has attracted criticism in parts of Australia for developing a new thermal coal mine, has drawn attention again by changing the name of its Australian unit to Bravus Mining and Resources. The rebrand comes as the miner readies to ship out its first coal next year in the face of years […]

Adani Enterprises Ltd, among others, has bid for coal mines on the third day of auctions for commercial mining on Wednesday. Three coal mines have been put up for sale today. “Adani Enterprises is vying for Gare Palma 4/1 in Chattisgarh and Urtan North in Madhya Pradesh,” said a person aware of the development requesting […]

Coal India’s spot coal auction tripled to 16.8 million tonnes in October compared to same month last year, on the back of increase in demand from the power sector. The increase of 190% or 11 million tonnes during the month signals demand resumption for coal after a Covid-led hiatus. Volume booking in e-auctions for the […]

A Special CBI court on Monday sentenced former Union Minister Dilip Ray to three-years imprisonment in a coal block allocation case. Ray was the Minister in the Atal Bihari Vajpayee government in 1999. The case pertains to allocation of 105.153 hectares of non-nationalised and abandoned coal mining area in Jharkhand’s Giridih district in favour of […]

The CBI urged a Delhi court on Wednesday to award life imprisonment to former Union minister Dilip Ray who has been convicted in a coal scam case pertaining to irregularities in the allocation of a Jharkhand coal block in 1999. Special Judge Bharat Parashar reserved the order for October 26 after hearing arguments from the […]

India is considering a proposal that may force some of its dirtiest coal plants to close, as policy makers in one of the world’s top polluters increasingly focus on climate change. The plan under consideration by the power ministry would cap plants’ so-called heat rate, which is a measure of how much coal energy is […]

State-run Coal India Ltd (CIL) has floated a global tender for setting up the country’s first coal to methanol plant in West Bengal at an investment of Rs 6,000 crore. The company is in dialogue with Indian Oil Corp and other government-owned oil companies for long-term tie up for marketing of the methanol. The project […]