Jindal Power has proposed to top a bid by Adani Power, led by billionaire Gautam Adani, for a thermal power plant, two sources with direct knowledge of the matter said, as India looks to drum up investment in coal-fired power. The tussle for the 1,980-megawatt plant in central India, ensnared in insolvency proceedings, comes after […]
Category: Coal
JSW Energy proposes to top Adani’s bid for coal-power plant: Report
JSW Energy has proposed to top a bid by Adani Power, led by billionaire Gautam Adani, for a thermal power plant, two sources with direct knowledge of the matter said, as India looks to drum up investment in coal-fired power. The tussle for the 1,980-megawatt plant in central India, ensnared in insolvency proceedings, comes after […]
National coal index declines 17.5% to 155.09 points in November 2023
Indicating sufficient coal availability in the market, the National Coal Index (NCI) dropped 17.54 per cent to 155.09 points in November 2023. The NCI was at 188.08 points in November 2022, the coal ministry said in a statement on Wednesday. This shows a strong supply of coal in the market, with sufficient availability to meet […]
NCLAT rejects Jindal Power plea to allow bid for Tuticorin Coal Terminal
The insolvency appellate tribunal NCLAT has dismissed the plea of Jindal Power to allow the company to participate in the ongoing resolution process of debt-ridden Tuticorin Coal Terminal. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) upheld the earlier order passed by the Mumbai Bench of NCLT, which said that under CIRP […]
Energy conundrum: Govt to double coal production despite climate goals
As climate diplomats at COP28 in Dubai debated an agreement to transition away from fossil fuels last December, India was facing another energy conundrum: It needed to build more power capacity, fast. “To meet growing demand,” the Indian government said on Dec. 11 it expects to roughly double coal production, reaching 1.5 billion tons by […]
Coal India extends fuel supply agreement tenure for non-regulated sector
State-owned CIL on Tuesday said it has extended the tenure of fuel supply pact to ten years from the earlier five years for the non-regulated sector. The move aims at ensuring long-term assurance of coal supply through linkage auction to the non-regulated sector. Coal India Ltd (CIL) has begun the seventh tranche of the linkage […]
Coal sector PSUs brought 18,849 hectares under green cover in decade: Govt
The public sector units operating in the coal sector have brought 18,849 hectares under green cover in the last 10 years by planting 42.3 million saplings, the government on Monday said. The move shows the commitment of the coal sector to environment-friendly sustainable mining practices, the coal ministry said in a statement. The coal public […]
India’s coal imports up 11.7% to 21 MT in Nov, demand likely to be subdued
The country registered an 11.7 per cent rise in coal imports to 20.95 Million Tonnes (MT) in November as compared to the year-ago period. The country’s coal imports in November 2022 was 18.75 MT, according to data compiled by B2B e-commerce company mjunction services. However, coal import in the April-November period of the current financial […]
Coal production from captive, commercial mines likely at 187 MT in FY25
The government on Monday said that coal production from captive and commercial blocks is likely to be 186.63 Million Tonnes (MT) in the next fiscal. The production will be further enhanced to 225.69 MT in FY26, the coal ministry said in a statement. “As per the present plans of the ministry, production targets from such […]
Fuel consumption rises 6.2% to 20 mn tonnes in December, shows data
India’s fuel consumption rose to a seven-month high in December to about 20.054 million metric tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Total consumption, a proxy for oil demand, in December rose by 6.2 per cent from 18.89 million tonnes in November, data showed. It was up […]
Chhattisgarh: Cong joins protest against coal mine projects in Hasdeo area
Chhattisgarh Congress chief Deepak Baij on Sunday alleged the newly-elected BJP government is working in the interest of corporates and trees are being chopped in bio-diversity rich Hasdeo Arand area for a coal mine extension project. Baij and several Congress workers joined villagers in Hariharpur in Surguja district in an ongoing protest against coal mine […]
Eighth round of commercial coal mines auction received great response: Govt
The eighth tranche of commercial coal mine auctions has received an overwhelming response from the industry, the government said on Friday. The last date for submission of bids for the eighth round is January 29. “The ongoing 8th round has witnessed an overwhelming response from the industry, which is evident from the fact that a […]