Category: Coal

The government has cancelled the allotment of a coal block for the power project in Jharkhand, as even after a decade of allotment no significant progress was made to operationalise it. The coal block was allotted in 2009, to Karanpura Energy Ltd — an SPV of erstwhile Jharkhand State Electricity Board (JSEB). “It is noted […]

With iron ore prices set to firm up from January 2020 and both steel production and prices starting to move up from November, the country’s largest iron ore mining company NMDC Ltd has a lot going for it to cash in on the expected buoyancy. The Hyderabad-based State-owned mining company, whose focus has been on […]

Amid concerns that Coal India Ltd (CIL) may fall short of its 660 million tonne (MT) production target for the current fiscal, the miner has planned to ramp up daily output to meet the goal, officials said. Till December, the miner is expected to produce close to 390 MT of coal and will require another […]

The country’s coal imports registered an increase of 4.4 per cent to 161.43 million tonnes (MT) in the April-November period of the ongoing fiscal. This comes amid the Centre exuding hope that imports of the fossil fuel would be contained to 235 MT this financial year. India had imported 154.56 MT of coal in April-November […]

A significant supply disruption is possible in mineral availability because of the expiry of mining leases in April 2020 according to a report by the Confederation of Indian Industry (CII). The report titled Towards a Globally Competitive Minerals and Mining Industry said, “A number of leases are due to expire in 2020. With the auction […]

The bidding of coal mines for commercial purposes may get further delayed as issues such as base price for the auction are still undecided. According to industry watchers, the debate is whether the Coal India notified price for certain grades of coal can be an appropriate scale to set the auction base price for these […]

It couldn’t be a better year-end for Coal India Ltd (CIL). After a disappointing show for most of the year, the State-owned major is expected to end December with 3 per cent production growth compared to same month, last year. One of the company’s largest open pit mine at Dipka (30 million tonne a year) […]

Coal India Ltd (CIL) has joined hands with Odisha Coal and Power Ltd (OCPL) for buying 6,000 tonnes per day from the Manoharpur captive mine of OCPL, owned by the Odisha government. Mahanadi Coalfields Ltd (MCL), the Odisha-based subsidiary of CIL, and OCPL have entered into an MoU for provisioning of excess coal from Manoharpur […]

The Union Ministry of Coal has allocated two coal blocks to iron ore mining company NMDC, the Rohne and Tokisud North under Section 5(1) of Coal Mines (Special Provisions) Act 2015 for commercial mining at Hazaribagh District of Jharkhand. The Rohne coal block has extractable reserves of 191 million tonnes (mt) and planned production capacity […]

NMDC Limited, the iron ore mining major has announced that it has received the allocation of Rohne Coal Block in Jharkhand, the company informed the Bombay Stock Exchange (BSE). This allocation by the Coal Ministry would ensure the State-owned mining company NMDC, which had diversified into steel making through forward integration, meet its coking coal […]

Coal consumption is set to rise in the coming years as growing demand for electricity in developing countries outpaces a shift to cleaner sources of electricity in industrialised nations. While use of the most polluting fossil fuel had a historic dip in 2019, the International Energy Agency anticipates steady increases in the next five years. […]

The Ministry of Coal has decided to simplify the process of getting clearances for coal mining projects. An official statement said that this will expedite operationalisation of already allotted coal blocks and also encourage prospective investors or bidders in future auctions. The Coal Ministry has re-engineered the Mining Plan preparation and approval process. This is […]