The coal ministry is geared up to meet 874 million tonnes of anticipated coal demand for the power sector in 2024-25, Union Minister Pralhad Joshi said on Wednesday. For the financial year ending March 31, the Power Ministry had placed a requirement of 821 million tonnes, Joshi told PTI on the sidelines of the release […]
Category: Coal
Coal ministry will fulfill 874 mn tonnes coal requirement in FY25: Min
The coal ministry is geared up to fulfill the 874 million tonnes coal demand for the power sector in financial year 2024-25, Union Minister Pralhad Joshi said on Wednesday. For the financial year ending March 31, the Power Ministry had placed a requirement of 821 million tonnes, Joshi told PTI on the sidelines of the […]
Coal India signs MoU with RRVUNL
Coal India (CIL) announced that it has executed a memorandum of understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) for securing power to meet the growing energy demand of Rajasthan. RRVUNL is a state government undertaking under the Energy Department, Government of Rajasthan. Under this MoU, initially the focus shall be to explore the […]
Coal India, BHEL may sizzle on this announcement by govt; details here
As the government has sought feedback from interested government as well as private entities for establishment of coal gasification plants in the country, shares of NLC India, Coal India, Indian Oil Corporation, BHEL, and Gail India are set to hog the limelight on Thursday, March 7. According to a government statement, the Ministry of Coal […]
Govt to sell up to 7% stake in coal miner NLC India this week: Report
The government will sell up to a 7 per cent stake in NLC India at a floor price of Rs 212 per share in a two-day offer for sale beginning Thursday. The Rs 2,000 crore OFS will open for institutional investors on Thursday and for retail investors on Monday. Friday is a market holiday on […]
India’s coal output reaches 881 MT in Apr-Feb, likely to hit target
India produced 880.72 million tonne (MT) of coal in April-February this fiscal and is now just 119.28 MT away from its 1 billion tonne coal production target for FY24. In 2022-23, India’s total coal output was 893 million tonnes (MT). For the ongoing 2023-24 fiscal, the government has a target to produce 1 billion tonne […]
Continue importing 6% of coal needs till June, govt tells gencos
The government has directed all the power producers to continue importing 6% of their coal requirements until June 2024, as it expects power demand to hit a new high this summer. The weatherman too has forecast a “harsh” summer. A notification to extend this mandate was issued by the Union power ministry on March 4. […]
Govt extends mandate for utilities to import 6% of coal needs until June
The Indian government has extended the mandate for the country’s power producers to import 6% of their coal requirements until June, despite adequate domestic availability, amid transport constraints and higher electricity demand, a power ministry note said on Tuesday. India last year had asked utilities to import 6% of their coal requirements until March due […]
Govt extends mandate for power producers to import 6% of coal needs
The Indian government has extended the mandate for the country’s power producers to import 6 per cent of their coal requirements until June, despite adequate domestic availability, amid transport constraints and higher electricity demand, a power ministry note said on Tuesday. India last year had asked utilities to import 6 per cent of their coal […]
Private Indian firms look to bet big on coal-fired power after long absence
Private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector. Adani Power, JSW Group and Essar Power are among the companies that have told India’s power ministry […]
WBPDCL not debarred illegally to participate in auctions: Coal Ministry
The Centre on Monday refuted media reports that West Bengal Power Development Corporation Limited was illegally barred by the Coal Ministry from participating in an auction for coal mines located in West Bengal. “An article has been published in a section of media alleging that the Union Government illegally barred West Bengal from coal auctions, […]
Coal production from captive, commercial mines rises 27% in Apr-Feb
The coal production from captive and commercial mines has increased 27.06 per cent year-on-year to 126.8 million tonnes (MT) in the April-February this fiscal. The coal dispatch from the captive and commercial mines in the first eleven months of the current financial year also rose 29.14 per cent to 128.88 MT over the corresponding period […]