Coal India, the world’s largest coal miner by output, will issue a short-term and a medium-term tender next week to import coal for utilities, two senior officials at the company said, as shortages raise concerns about renewed power outages. The state-run miner, which has little experience in importing coal, was asked to place orders for […]
Category: Coal
Power ministry asks CEA to compute coal consumption
The power ministry on Sunday asked the Central Electricity Authority of India (CEA) to compute the quantity of the coal consumed, that was procured under the SHAKTI B policy, mandating blending of 10% by weight for the power generation from June 15, 2022, to March 31, 2023. This blended coal is equivalent to about 15% […]
Coal demand to exceed domestic supply in this fiscal
The Centre has projected that the overall coal demand will outstrip the domestic supply in the current financial year. The development assumes significance in the wake of certain parts of the country grappling with power outages in the wake of a shortage of coal. While the overall coal demand in FY2022-23 is expected to be […]
India likely to face wider coal shortages, worsening power outage risks
India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry presentation seen by Reuters showed, worsening risks of widespread power outages. India expects local coal supply to fall 42.5 million tonnes short of demand in the September quarter, 15% higher than […]
Govt allows gencos to charge compensation tariff for coal import
The Centre has allowed electricity generating companies to charge a compensation tariff in lieu of importing coal. This will cover both the state government and privately-owned companies. “The methodology shall be used by the generating companies (Gencos) supplying power under Section 63 and state governments to calculate the compensation due to blending with imported coal. […]
CBI summons Trinamool MLA over coal smuggling scam
The Central Bureau of Investigation (CBI) has summoned Trinamool Congress MLA Saokat Molla in connection to a coal smuggling case in West Bengal. Mollah is the party’s sitting MLA from the Canning (East) Assembly constituency in South 24 Parganas district. He has summoned to appear at the CBI’s office in Kolkata on Friday at 11 […]
Coal India to open big, new mine this year to fight power crisis
State-run Coal India will open this year what is expected to become one of the country’s biggest coal mines, officials said, as India struggles to keep pace with surging power demand. Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching a capacity of 50 million tonnes in about five to […]
India cuts June domestic coal supply targets to utilities by 11.1%
India has slashed domestic miners’ coal supply targets to power plants for June by 11.1%, according to a federal power ministry letter seen by Reuters. The power ministry asked power plants which have not yet begun blending imported coal with local supplies to ship in 15% of their requirements until October, according to the letter […]
Centre threatens to curb domestic coal supply if utilities delay imports
The Centre has asked state governments and the power generating companies (gencos) to import coal for blending purposes ahead of monsoons, acknowledging that domestic stock may not be not enough to meet the power demand. The Ministry also warned that it would cut domestic fuel supply to state government-run utilities by 5 per cent if […]
Centre asks state-run firms to lend to debt-laden utilities to help restart operations
The Power Ministry on Wednesday asked state-run Power Finance Corp and Rural Electrification Corp to arrange short term loans for power plants using imported coal that are facing financial stress or corporate debt restructuring. India last week invoked an emergency law in a bid to start generation at some idle power plants running on imported […]
Jharkhand mining secretary appears before ED in money laundering case
Jharkhand mining secretary Pooja Singhal on Tuesday appeared before the ED here for questioning in a money laundering case linked to alleged embezzlement of MGNREGA funds in Khunti district of the state and other charges, officials said. The federal agency is expected to record the statement of the 2000-batch Indian Administrative Service (IAS) officer under […]
Desperate for coal, India’s metal makers hunt for fuel overseas
A coal crisis in India has forced producers of sponge iron — a steelmaking feedstock — to scour the planet for supplies to keep their mills running, adding to inflationary pressures as they turn to pricier imports. Jindal Steel & Power Ltd., which is running its sponge iron plants at 40% capacity as it doesn’t […]