The two power units in Gujarat using imported coal — Tata UMPP and Adani Mundra — might have a chance at revival as the Centre opens up merchant power sale for them in the middle of domestic coal supply shortages. The two units have been in a constant tussle with five states to which they […]
Category: Coal
NTPC plans to ramp up coal supply as shortage hits thermal units
As thermal power generation units across the country grapple with coal shortage, India’s largest power generator NTPC is looking at several methods to augment supply to states. It is also relying on gas-run units to improve power supply in the middle of a coal shortage. NTPC, however, added states were not scheduling power from gas-based […]
Coal India arm NCL dispatches 387k tonnes of highest-ever coal in one day
Coal India arm Northern Coalfields Ltd dispatched the highest ever coal in a single day on August 27, the coal ministry said on Saturday. “On 27th August, 2021 the company’s offtake grew to a whopping 3.87 lakh tonnes,” the coal ministry said in a statement. Northern Coalfields Ltd (NCL) also sent the highest ever, 38 […]
India’s coal import rises 50% to 19 million tonnes in June
India’s coal import rose 50 per cent to 18.77 million tonnes (MT) in June this year, when compared to the shipments arrived in the same month of 2020. The country had imported 12.51 MT of coal in the corresponding month a year ago, according to (revised) data compiled by mjunction services. mjunction — a joint […]
Centre regulates coal stocks at plants having more than 15 days buffer
The centre has regulated coal stocks at thermal power plants that have more than 15 days of a buffer. It is expected that this frees up around 177,000 tonnes of coal from 26 power stations. An official statement said that this coal has been redistributed to the plants having supercritical and critical coal stocks at […]
Some BJP leaders hand in glove with coal mafia: Mamata
West Bengal Chief Minister Mamata Banerjee on Saturday slammed the BJP-led government at the Centre for allegedly letting loose central agencies on her nephew and TMC national general secretary Abhishek Banerjee in a coal scam case, claiming that some BJP ministers were working hand in glove with coal mafia. She also accused the Narendra Modi […]
Coal India’s capex growth zooms twofold to Rs 1,840 crore in Q1
State-owned CIL on Friday said its capital expenditure jumped more than twofold to Rs 1,840 crore in the first quarter of 2021-22 compared to Rs 844 crore in the year-ago quarter. Coal India in a statement said the capital expenditure rose twofold in the first quarter of FY22 as it continues to step up investments […]
Difficult for CIL to give 50% wage hike to workers, CMD tells union
Coal India Chairman Pramod Agrawal has said it will be difficult for the PSU to give 50 per cent wage hike to workers, as demanded by the unions, due to financial constraints facing the company, according to a union leader. Nathulal Pandey, president of the Hind Mazdoor Sabha-affiliated Hind Khadan Mazdoor Federation, said he had […]
Coal India unions seek 50% rise in workers’ salaries in early talks
Trade unions at Coal India Ltd., the world’s largest miner of the fuel, have demanded a 50% increase in workers’ wages, potentially pushing up costs of the fuel that helps produce more than two-thirds of India’s electricity. The demand is backed by expectations for rising profits in coming years amid a reduction in staffing and […]
Diesel price rise blows Rs 700 crore hole for Coal India in Q1FY22
Mining major Coal India suffered losses to the tune of Rs 700 crore in the April-June quarter owing to a sharp rise in diesel prices, a top company official said. In the quarter (under review), we lost about Rs 700 crore as diesel prices increased by about 35 per cent. It was in the range […]
Coal India to pump in Rs 14,000 crore in first-mile connectivity projects
Coal India will be infusing Rs 14,000 crore till FY25 in first-mile connectivity infrastructure in two phases, officials said on Thursday. CIL said it has taken steps to upgrade the mechanised coal transportation and loading system under ‘First Mile Connectivity’ projects. In phase-I, 35 projects had been tendered out of which four projects of 30 […]
Coal India’s e-auction allocation up 29% in April-July this year
State-owned Coal India on Thursday said its e-auction allocation stood at 35.5 million tonnes (MT) during April-July 2021 under five auction categories, registering a sharp 28.6 per cent increase over the same period a year ago. Its e-auction allocation was 27.6 MT in the corresponding four months of the 2020-21 fiscal. Coal India Ltd’s (CIL) […]