The Centre has asked generating companies, including NTPC, Tata Power, Reliance Power to reduce the import of dry-fuel for blending purposes and replace it with domestic coal, an official said. The development assumes significance in the wake of Prime Minister Narendra Modi yesterday giving directions to target thermal coal import substitution, particularly when a huge […]
Category: Coal
CIL’s coal allocation to power sector under e-auction registers 15-fold rise in February
State-owned CIL’s coal allocation under special-forwad e-auction for the power sector registered a 15-fold rise at 5.51 million tonnes (MT) in February 2020. Coal India Ltd (CIL) had allocated 0.38 MT of coal in February 2019, according to the latest monthly summary by the coal ministry for the Cabinet. The coal allocation by the PSU […]
Coal India to purchase dumpers from BEML at Rs 400cr
Coal India Ltd on Monday said it has signed two agreements with heavy engineering major BEML Ltd for purchasing dumpers at Rs 400 crore. The miner will procure 15 dumpers from the manufacturing PSU, a CIL statement said. “The contract cost for seven 150-tonne dumpers is around Rs 150 crore and that of eight 190-tonne […]
Coronavirus: Unsung mining heroes brave odds to produce coal, keep power plants running
Undeterred by the fear of death, 57-year-old Asif Khan has kept his nose to the grindstone to dig out coal so that the country’s power plants can keep running at a time when people have been forced to stay indoors due to the COVID-19 crisis. With the country confronted with an unprecedented situation, Khan, who […]
Coal India to produce 710 million tonnes in current fiscal year
The Centre on Thursday set the target to Coal India Limited (CIL) to produce 710 million tonnes of coal during 2020-21 anticipating a surge in demand for electricity after the coronavirus lockdown period. Union Minister of Coal and Mines Pralhad Joshi set these targets for the state-run company while reviewing its performance through video conference. […]
Coal lndia develops sanitsing chamber for mine workers
State-owned CIL has developed a sanitising chamber for disinfecting its mine workers and containing the spread of the deadly coronavirus that has wreaked havoc across the world. The sanitising chamber at one of the mines of Coal India-arm South Eastern Coalfields Ltd (SECL) has already been commissioned, an official said. Each worker of SECL at […]
Insure coal workers for minimum Rs 50 lakh against death due to Covid-19: INMF to Coal India
INTUC-affiliated trade body INMF has put forth a demand before Coal India that all workers irrespective of activities they are involved in, should have an insurance cover of Rs 50 lakh in case of death due to COVID-19. In a letter to Coal India (CIL) chairman Pramod Agrawal, INMF said that “all coal workers who […]
Coal India continues operations, records about 3 MT production on Thursday
Coal India Ltd (CIL) on Friday said despite the constraints on account of coronavirus outbreak, it recorded close to 3 million tonnes (MT) production on Thursday, the second highest single day production during the fiscal. Coal is an ‘essential service’ as recognized under Emergency Services Maintenance Act (ESMA) 1981, and services engaged in coal industry […]
Coal India to convert redeemable preference shares held in BCCL into equity
Coal India Ltd (CIL) on Thursday said its board has approved converting Rs 2,539 crore-worth redeemable preference shares held in its arm Bharat Coking Coal Ltd (BCCL) into equity shares. Pursuant to the conversion, the state-owned coal miner would get a total dividend of Rs 888.65 crore over a two-year period. The approval was given […]
SC to consider appointing SPP for ED to conduct money laundering trial in coal scam cases
The Supreme Court Monday said it would consider after a week appointing special public prosecutor (SPP) for conducting trials on behalf of Enforcement Directorate in money laundering cases arising out of coal block allocation scam. A bench comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant was considering the plea […]
Adani Enterprises deny coal supply contract allegations
Adani Enterprises on Monday said that it has not done anything wrong in supply of the dry-fuel amid reports that the CBI registered a case against the company for alleged coal supply contract irregularities. In its FIR filed last week after a detailed preliminary enquiry in the matter, the CBI booked Adani Enterprises Ltd, the […]
Adani’s firm under scanner as SC reopens overseas probe
The Supreme Court revived on Wednesday the probe against a Adani group firm in a case of alleged overvaluation of Indonesian coal imports by staying the Bombay High Court’s decision of quashing all letters rogatory (LRs) sent by the DRI to Singapore and other countries. Letters rogatory are sent to investigative or judicial agencies in […]