Category: Coal

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 […]

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.

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 […]

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.

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.

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 […]

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 […]

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 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 […]

Captive and commercial coal blocks produced 147 million tonne coal in financial year 2023-24, registering a year-on-year growth of 27 per cent, Union Minister Pralhad Joshi said on Wednesday. The mines had produced 116 MT coal during 2022-23. Out of 147.2 MT, power sector captive mines produced around 121.3 MT, non-power sector mines produced 8.4 […]

State-owned NALCO has made a record production of cast metal at 4,63,428 metric tonne during the financial year 2023-24. The company has also made its highest-ever metal sales of 4,70,108 metric tonne during the fiscal ended March 31, it said in a statement on Tuesday. The excavation of bauxite reached a record high of 7,600,230 […]

Jindal Stainless on Wednesday said it aims to complete divestment of its entire 26 per cent stake in Jindal Coke by September this year. In the first tranche, the company has offloaded 4.87 per cent shares in Jindal Coke for over Rs 36.49 crore. These shares were picked up by JSL Overseas at the same […]