India’s domestic coal production rose 7.41 per cent to 78.69 million tonnes (MT) in April. The country’s coal output was 73.26 MT in the corresponding month of the previous fiscal year. “India’s coal production for April 2024 reached 78.69 MT (provisional),” the coal ministry said in a statement.
Category: Coal
India’s mineral production rises 8 pc in Feb
India’s mineral output rose 8 per cent in February as compared to the year-ago period, the government said on Thursday. The index of mineral production of the mining and quarrying sector for February 2024 at 139.6 is 8 per cent than February last year. The cumulative growth for the April-February period of 2023-24 over the […]
Coal India production rises 7% in April
State-owned CIL on Wednesday said its production increased 7.3 per cent to 61.8 million tonnes (MT) in April. The company had produced 57.6 MT of coal in the corresponding month of the previous fiscal, Coal India Ltd (CIL) said in a filing to the BSE. CIL accounts for over 80 per cent of domestic coal […]
Sampling and grading of coal at 427 mines completed; new grades to be applicable for FY24
The coal ministry on Wednesday said it has completed the annual exercise of sampling and grading of coal at 427 mines and the new fuel grade will be applicable from April 1 this year. Of the total 427 mines, 331 are central public sector units, 69 under state governments and 27 private sector mines, the […]
Coal Ministry targets nearly 20% higher stock at power projects by June 30
The coal ministry is expecting a closing stock of around 38-40 million tonnes at domestic coal-based power plants by June 30, when the summer demand starts cooling off from highs and monsoon logistical disturbances pick up. The target is 13-19% higher than the stock on the same date last year.
THDC India aims to make Rs 12,000-crore coal-based thermal power project operational by September
State-owned THDC India Ltd aims to make its coal-based power plant operational by September 2024, marking an entry into the domestic thermal energy sector, a top company official said. THDC India Ltd (THDCIL) is setting up a 1,320 megawatt (2X660 MW) Super Thermal Power Project (STPP) at Bulandshahr district in Uttar Pradesh (UP), the official […]
Hindustan Zinc to continue to engage with govt on demerger proposal: CEO
Vedanta group company Hindustan Zinc will continue to engage with the Centre on its proposal to split the company into different entities, a top official said. The statement comes amid the mines ministry rejecting Hindustan Zinc Ltd’s demerger plan.
Coal mine auction likely in May, 30 new blocks to be put on offer
The coal ministry is likely to hold the next round of auction of coal mines for commercial mining by May 10 with 30 new blocks on offer. The ministry has received permission from the Election Commission of India for the auction, a senior government official told ET, referring to the 2024 general elections starting Friday.
FY25 to be transformative year, says Vedanta’s Anil Agarwal
Mining tycoon Anil Agarwal has said the current financial year that started on April 1 will be a transformative year for his conglomerate Vedanta as it prioritises disciplined growth while parent eyes a USD 3 billion deleveraging in the next three years. In a communication to shareholders, Vedanta Ltd Chairman Agarwal said the group will […]
Coal keeps powering India as booming economy crushes green hopes
Built along a stretch of salt flats in southern India, the Tuticorin power plant epitomizes a quagmire for the world’s fastest-growing major economy: how to provide reliable energy to 1.4 billion people. For starters, the 1,050-megawatt coal plant, one of the region’s largest, was supposed to shut down. Opened four decades ago, the facility is […]
Amit Kalyani to become Vice-Chairman & Joint MD of Bharat Forge
Auto components major Bharat Forge on Wednesday announced the appointment of Amit Kalyani, son of its Chairman and MD Babasaheb N Kalyani, as the Vice-Chairman and Joint Managing Director of the company. The board of directors of the company in its meeting held on April 3, 2024, approved the re-appointment of Amit Kalyani as a […]
Vedanta Aluminium expands alumina refining capacity to 3.5 million tonnes
Vedanta Aluminium on Wednesday said it has expanded its annual alumina refining capacity to 3.5 million tonnes at its Lanjigarh unit in Odisha. The alumina refining capacity earlier was 2 million tonnes per annum (MTPA), the company said in a statement. It plans to further increase alumina refining capacity to 5 MTPA, besides increasing aluminium […]