The country spent more than Rs 3.85 lakh crore on coal imports last year, the government said on Thursday. Though the share of coal import in total consumption came down from 26 per cent to 21 per cent in the last five years, India is importing more than 200 million tonnes (MT) of dry fuel […]
Category: Coal
Coal dispatch may exceed one billion tonnes this fiscal: Coal ministry
The coal ministry on Thursday said the dispatch of coal is likely to exceed one billion tonnes in the current financial year. The coal ministry has set a target to produce and dispatch 1,012 million tonnes (MT) of coal to consumers during the ongoing fiscal. “During the second half of the year, the rate of […]
Coal inventories in India drop at fastest pace in 2 years, boosting imports
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed, with electricity demand boosting imports as fuel use outpaced supply. Inventories held by power plants fell by 12.6 per cent to 20.58 million metric tons in the sharpest fortnightly […]
Coal India, GAIL, RCF to partner to invest $372 mn in fertiliser JV
State-run firms, Coal India, GAIL India, and Rashtriya Chemicals & Fertilizers (RCF), will invest 30.95 billion rupees ($371.90 million) in their fertiliser joint venture in Odisha, two government officials told Reuters. GAIL and RCF will put in 17.3 billion rupees, while Coal India will invest 13.64 billion rupees in Talcher Fertilizers to maintain their current […]
Festive demand: Coal India’s fuel supply to thermal plants rises 6% in Oct
State-owned Coal India on Monday said its supply of fossil fuel to the country’s coal-fired electricity generating units increased by six per cent to 23.5 million tonnes in the first half of October, ahead of the festive season. The supply was increased amid a sudden rise in power demand even as unseasonal rains hit the […]
Global coal industry expected to layoff over 400,000 miners by 2035: Report
The coal industry is expected to shed more than four hundred thousand mining jobs, equivalent to nearly 100 workers per day, by 2035, even without climate pledges or policies to phase out coal, with China and India likely to be the hardest hit, according to a new report. The primary reason will be the market […]
Mines min achieves 100% target for easing rules, legitimises 27 provisions
The mines ministry on Tuesday said it has decriminalised 27 provisions through amendments in the Atomic Mineral Concession Rules, 2016 and achieved 100 per cent target of easing of rules. The rules were decriminalised as part of a campaign to reduce compliance burden and ensure ease of doing business. “The special campaign 3.0 commenced from […]
Coal imports down 12% in Aug to 18.26 mn amid rise in domestic availability
India’s coal imports declined 12.08 per cent to 18.26 million tonnes (MT) in August this year over the corresponding month of the previous fiscal. The country’s import of fossil fuel stood at 20.77 MT in August last year. Overall coal imports during April to August also declined by 10.3 per cent to 103.93 MT, over […]
Indian steel companies plan price rises as coking coal costs surge
Indian steel companies plan to raise prices of various grades of the alloy due to rising import costs of coking coal, especially from major producer Australia, officials at four domestic mills said. Steel mills are likely to raise rates by $25 to $50 a metric ton by December, Prices for Australian coking coal have jumped […]
Coal output increases 15.81% to 67.21 million tonnes in September
The country’s coal output increased 15.81 per cent to 67.21 million tonnes in September as against 58.04 million tonnes in the year-ago period, an official statement said on Tuesday. The cumulative coal production up to September increased to 428.25 MT in the ongoing fiscal, over 382.16 MT in the year-ago period, registering a growth of […]
NTPC logs 83% growth in coal production in first half of this fiscal
State-run power giant NTPC on Tuesday reported an 83 per cent rise in coal production in April-September period of this financial year, compared to a year ago. NTPC Ltd has reported a substantial growth of 83 per cent in coal production from its captive mines during H1 FY 2023-24, as compared to the corresponding period […]
CIL’s coal supply to power sector rises 3.4% to 294.8 MT during Apr-Sept
Supply of coal to the power sector by state-owned Coal India increased 3.4 per cent to 294.8 million tonnes in the first six months of the current fiscal even as the demand for electricity touched record highs in the past two months, the maharatna firm said on Monday. The total amount of coal supplied was […]