Epsilon Carbon Pvt. Ltd., a leading manufacturer of specialty carbon products, has exported 8,000 tonnes of coal tar pitch from its Integrated Carbon Complex in Karnataka through the Mangalore port to South32 Aluminium smelters in South Africa and Mozambique. Epsilon Carbon partnered with Anagha Refineries, a state-of the art oil refinery, to build 10,000 tonnes […]
Category: Coal
Coal
At Sherpa meet, G20 members agree to phase down unabated coal power
The G20 members late Thursday agreed to make an effort towards the “phasedown of unabated coal power”, staying with the text of the Bali declaration on the issue. This was decided at the Sherpa-level deliberations that aim to finalise the text for the Leaders’ Declaration. India’s proposal to expand it to “phase-down of fossil fuel” […]
Jharkhand opposes Centre’s move to amend Coal Bearing Areas Act
The Jharkhand government has registered its objections in writing to the Centre on its proposal to amend the existing Coal Bearing Areas (Acquisition and Development) Act, 1957. The Union cabinet chaired by Prime Minister Narendra Modi had in April this year approved the Coal Bearing Area (Acquisition and Development) Amendment Bill, 2023, to facilitate the […]
Government covers 73 thermal plants under four rounds of rationalisation of coal linkages
A total of 73 thermal power plants have been covered under the four rounds of rationalisation of coal linkages, an official statement said on Friday. Of the 73 Thermal Power Plants (TPPs), 58 belong to state/central gencos (generation companies) and 15 are Independent Power Producers (IPPs), the statement, released by the Ministry of Coal, said. […]
Production of key infrastructure sectors rises 8 per cent in July
Growth of eight key infrastructure sectors rose to 8 per cent in July 2023 on expansion in production of coal, crude oil, and natural gas, according to official data released on Thursday. Production of steel, cement and electricity also grew in July, the data showed. However, the core sector growth was lower in July compared […]
China stops work at more coal mines in Shaanxi over safety issues
Safety inspectors in China’s third-largest coal-mining regions ordered the suspension of operations of two more mines in northwest Shaanxi province, with more than a dozen temporarily closed in recent weeks after a deadly accident late last month. The suspensions come after a gas explosion in a coal mine in Shaanxi on Aug. 21 killed 11 […]
India’s mineral production records 7.6% growth in June
The Ministry of Mines on Thursday said that domestic mineral production grew 7.6 per cent year-on-year in June. “The index of mineral production of mining and quarrying sector for the month of June 2023 at 122.3 is 7.6 per cent higher as compared to the level in the month of June 2022,” the ministry said […]
Coal scam: Delhi court convicts former Ministry of Steel official
A Delhi court on Friday convicted a former official of the Ministry of Steel in a coal scam case related to alleged irregularities in the allocation of a coal block in Chhattisgarh. In the 14th conviction in the coal scam, Special Judge Arun Bhardwaj held Gautam Kumar Basak, former Executive Secretary, JPC (Joint Plant Committee), […]
SEBI seeks more time to complete Adani group probe
India’s market regulator SEBI has sought 15 more days to complete its probe into the Adani group’s dealings, it said in a filing before the country’s Supreme Court. The Securities and Exchange Board of India (SEBI), which was due to submit its report on Monday, said it has completed looking into 17 out of the […]
Adani Ports SEZ appoints new auditor after Deloitte’s quits
The the Board of Directors at AdPorts and Special Economic Zone Limited has appointed M S K A and Associates, an independent member firm of BDO International, as the statutory auditors of the company to fill the vacancy caused by the resignation of Deloitte Haskins and Sells LLP. The new auditor will hold office till […]
Coal India posts Q1 profit fall on higher wage provisions
Coal India reported a fall in quarterly profit for a second straight quarter on Tuesday, as the world’s largest coal miner made higher provisions for wage hikes. Consolidated net profit fell nearly 10 per cent to 79.71 billion rupees ($962.4 million) for the first quarter ended June 30, the state-run company said in an exchange […]
India developing excessive coal power capacity: Study
Nearly 11.5 gigawatts (GW) of coal power capacity under development moved forward in India through various approval stages in the first five months of this year, reveals the latest analysis by Global Energy Monitor (GEM) and Centre for Research on Energy and Clean Air (CREA). The country is actively developing 65.3 GW of coal power […]