Category: Coal

The Ministry of Coal is going to allow mines with less than three interested bidders to be auctioned in the 11th round of coal mine auctions. This significant move comes after the 8th, 9th and 10th auction rounds saw a poor response with just six of the 27 mines finding the minimum three bidders required […]

Poor market sentiment and expectations of commercial mining have led to a tepid response for the blocks on offer during the current round of coal auctions. These mines are being auctioned under the 8, 9 and 10 round of bids simultaneously being conducted by the Ministry of Coal. “In all 45 bids were received for […]

Coal India Ltd (CIL), which witnessed a 6-per cent drop in production at around 241 million tonnes (mt) during April-September, is hopeful of regaining its production tempo in the remaining part of the year. Torrential rainfall across locations affected the company’s coal production and off-take, particularly in September, said a press statement issued by the […]

Coal shipments handled by India’s 12 major state-run ports during April-September rose by 15.25 per cent to 29.29 million tonne (MT), according to a ports’ body. The state-run ports had handled 25.41 MT of coking coal cargo in the corresponding period of the previous fiscal. Shipments of thermal or steam coal, however, declined by 13.20 […]

The ministries of Power, Coal and Railways have formed a web portal to track the movement of coal from the coal mines to power plants. The portal is named PRAKASH — an abbreviation for Power Rail Koyla Availability through Supply Harmony. Speaking at the launch event, Minister for Coal, Mines and Parliamentary Affairs, Pralhad Joshi, […]

After powering the British economy for centuries, coal is a dying breed in the nations energy mix. The combustible sedimentary rock accounted for as much as 40 per cent of the electricity generation only six years ago, but that figure dropped to 5 per cent last year. By the middle of the next decade, there […]

After the one-day strike in Coal India and Singareni Collieries on September 24, five major trade unions will be meeting on Monday to review its impact and decide on the next course of action. All coal sector trade unions had called a strike against the Centre’s decision to allow 100 per cent foreign direct investment […]

Is coal sector only about mining and companies, primarily Coal India or the flavour of the season commercial coal mining? Not really. Coal mining also has contractors, who shoulder disproportionate volumes of activities on the ground. The number of large players in this segment is around 10-15. But, limited attention is given to them in […]

The All-India thermal plant load factor (PLF) fell to 51% in August 2019 (August 2018: 55.5%), due to decrease in central, state and private sector PLF by 700bp, 70bp and 80bp, respectively. All-India energy demand and supply decreased 1.6% yoy and 1.3% yoy in August 2019, respectively, resulting in a decline in energy deficit to […]

The RSS-affiliated Bharatiya Mazdoor Sangh (BMS) on Wednesday called off its five-day strike in the coal sector after specific assurance from Coal and Mines Minister Pralhad Joshi that there would be no FDI in Coal India Ltd and Singareni Collieries Company Ltd. Earlier, 10 other central trade unions had gone on a day-long strike against […]

A day long strike by the trade unions of Coal India Limited (CIL) has not impacted the current coal stock availability at the thermal power plants. According to the National Power Portal, there are 114 power plants (out of 131) in the country with 12 days of coal stock available as on Monday (September 23). […]

The Central Trade Unions congratulated coal workers for a “total strike” against the Centre’s decision to allow 100 per cent FDI in mining. The trade unions estimated that the one-day strike has caused a 2.13 million tonne drop in coal production and a loss of ₹4,000 crore. Responding to Coal Minister Prahlad Joshi’s statement that […]