Category: Coal

CIL’s coal allocation under special forward e-auction for the power sector registered a rise of 8.4 per cent to 7.94 million tonnes (MT) in April-August period of the ongoing fiscal. The state-owned company had allocated 7.32 MT of dry fuel in the corresponding period of the previous fiscal year, according to the monthly summary by […]

India received no bids for 15 of the 38 mines to be auctioned as a part of its plan to open up coal mining to private companies, reflecting little investor appetite for the sector clouded by environmental concerns and low margins. “A total number of 82 bids from 46 companies have been received off-line/physically in […]

State-owned Coal India Ltd (CIL) on Monday said that it has invited global bids for setting up a coal to methanol plant. Dankuni Coal Complex (DCC) in West Bengal, currently run by its subsidiary South Eastern Coalfields Ltd, is identified as the project site for the proposed plant. “Coal India Limited (CIL) on Friday last […]

Gauhati High Court has stayed the transfer orders of 231 employees of Coal India Limited’s North Eastern Coalfields based on petitions filed by employees unions fearing closure or privatisation of the coalfields. A bench of justice, Suman Shyam issued the order on September 24, in which the court asked CIL to suspend all transfer orders […]

Coal India Ltd, the world’s largest miner, has finalised contracts for heavy earth moving equipment worth over Rs 5,900 crore to ramp up production, its Chairman Pramod Agrawal said on Wednesday. The miner is also planning a capex of Rs 10,000 crore during the current fiscal. Early this year, the company had said it was […]

Coal continues to be a key in India’s growth story as solar power is not as economical as coal-fired electricity till affordable storage of power comes in a major way, CIL has said. The company’s argument came in the wake of a debate on the viability of coal-fired power, when solar energy is gaining momentum […]

The National Green Tribunal has left it to the Gauhati High Court to decide a plea challenging approval to mining in Tikak Open Cast Project under Saleki Proposed Reserve Forest in Assam’s Digboi town. A bench comprising Justice S P Wangdi and expert member Nagin Nanda noted that PILs were pending before the Gauhati High […]

India’s coal import declined by 34.9 per cent to 12.46 million tonnes (MT) in August on account of subdued demand for the dry fuel from consuming sectors like power and cement. The country imported 19.14 MT of coal in August last year, according to provisional compilation by mjunction, based on monitoring of vessels’ positions and […]

State-owned Coal India Ltd (CIL) on Thursday said it plans to restore production from its discontinued underground mines and has identified 12 such blocks with provisional mineable reserves of around 1,060 million tonnes. The move is seen as part of efforts by the PSU coal major to meet its overall production target of one billion […]

State-owned Coal India’s 54 mining projects are running behind schedule mainly on account of delays in obtaining green nod and issues related to rehabilitation and resettlement. The development assumes significance against the backdrop of Coal India (CIL) eyeing production of 1 billion tonnes by 2023-24. In its recent report, CIL said that “123 coal projects […]

State-owned CIL will pump in over Rs 1.22 lakh crore on projects related to coal evacuation, exploration and clean coal technologies by 2023-24, to achieve 1 billion tonnes of fuel output target, Coal Minister Pralhad Joshi said on Tuesday. Out of the proposed spend of over 1.22 lakh crore, Coal India Ltd (CIL) has planned […]

With India facing deadly air pollution, high healthcare costs and growing disaster threats from global warming, the head of the United Nations warned the country’s leaders Friday that investing more in coal was “bad economics”. India, the world’s third-largest emitter of greenhouse gases, has been ramping up its use of renewable energy – but coal […]