Category: Coal

The Centre has cancelled the sixth and seventh rounds of coal mines auction under which it was planning to put on sale 19 blocks. The coal ministry in a notice to the bidders said that “the 6th Tranche and 7th Tranche of auction stands cancelled.” However, the government did not specify the reasons for the […]

With a bigger focus on the power sector, Coal India (CIL) supplied 440.80 million tonne (mt) coal to power plants between April and February this financial year — a 7.1 per cent increase over the same period a year ago. This helped bring down the number of critically coal-starved power stations from nine in December […]

Coal India is aiming to meet the 610 million tonne production and off-take target as per the pact it signed with the coal ministry, despite a production momentum dip in the initial months of the current fiscal, officials said. After the high production growth rate of 15 per cent in the Apr-Jun quarter of FY19, […]

With only a month left in the current financial year, although Coal India may inch closer towards its target of producing 610 million tonne (mt) of coal as set by the government, it is likely to miss its aspirational annual output target of 652 primarily due to production issues in key mines of its core […]

With only a month left in the current financial year, Coal India is unlikely to meet its annual output target of 652 million tonne (mt) due to production issues in key mines of its core subsidiary, Mahanadi Coalfields (MCL). Even if Coal India produces 2 mt of coal daily despite MCL suffering huge production losses, […]

NTPC’s 3000 Mw super thermal power station at Kaniha near Talcher suffered a major setback in generation as a 10-day stir at the linked Kaniha open cast coal mines paralyzed supplies. The agitation by locals over employment, was called off Thursday with production resuming at the mines of Mahanadi Coalfields Ltd (MCL), a Coal India […]

China and the US may be the largest producers of coal power, but power plants in India take the highest toll in the world when it comes to health, a global study claims. Coal-fired power plants produce more than just carbon dioxide, which contributes to global warming, said researchers from ETH Zurich in Switzerland. Coal […]

Adani Enterprises might have to wait up to two years to get two environmental approvals to start construction at its controversial Carmichael coal mine in Australia, a Queensland government official told Reuters. Adani said in November that it would fund the mine and rail project itself, requiring the company to cut the initial plans for […]

The Directorate of Revenue Intelligence (DRI) has moved the Supreme Court to challenge the Bombay High Court (HC) order that restrained the agency from seeking foreign counterparts’ assistance in its probe against a few firms of the Adani group for alleged overvaluation of Indonesian coal imports. The DRI had issued 14 letters rogatory (LRs) to […]

Markets regulator Sebi Wednesday exempted state-owned Coal India from complying with regulations with regard to its proposed buyback programme for 4.46 crore shares. Coal India had filed an application on February 12 with the Securities and Exchange Board of India (Sebi) seeking exemption from the strict enforcement of the buyback norms. The application has been […]

Coal imports increased by 5.1 per cent to 189.9 million tonnes (MT) in the April-January period of the ongoing fiscal, according to a report. Coal imports were at 180.61 (MT) in the April-January period of the previous fiscal, the report by mjunction services showed. mjunction, a joint venture between Tata Steel and SAIL, is a […]

Auctions for commercial coal mining may not take place soon as the country is entering the election mode, said a senior government official. The statement comes amid resistance from the trade unions operating in the coal sector against commercial coal mining. “With the nation almost entering the election mode, I think it will be difficult […]