Category: Coal

India joined a select group of countries in June that is building a supply chain for critical minerals that, among other things, are key to transitioning to clean energy with some prodding from the US in the run-up to Prime Minister Narendra Modi’s state visit. The major factors aiding India’s induction into this group included […]

Coal requirement for power generation in the second half of this financial year has increased to 424 million tonnes compared with 404 million tonnes projected earlier amid higher demand, said people with knowledge of the matter. Additionally, 18 million tonnes will be required to maintain a desirable closing stock of 40 million tonnes by March-end, […]

State-owned CIL on Wednesday said it has given extension to Debasish Nanda, who at present is company’s Director, Business Development. The extension has been given to Nanda, who is at present company’s Director, Business Development, for a period of six months effective November 2, 2023 or till the appointment of a regular incumbent or until […]

Kolkata, The Ministry of Coal on Monday dismissed reports about the return of commercial and captive mines due to slow progress on clearances, stating that such blocks are progressing according to plans and will start production in due course. There had been reports about some commercial block winners contemplating returning their mines. “Anyone who got […]

State-owned MOIL on Friday posted a 45 per cent rise in manganese ore production to 9.26 Lakh Tonne (LT) during the April-October period of 2023. It had produced 6.38 LT manganese ore during the year-ago period, MOIL said in a statement. In October, the production rose to 1.11 LT, registering a 48 per cent year-on-year […]

The Centre on Thursday said the significant growth in the coal sector is due to a rise in production of the fossil fuel during September. The production of coal in September 2023 increased to 67.27 million tonne (MT), against 58.04 MT in the year-ago period. As per the index of eight core industries for September […]

In the world of stock trading, spotting patterns and trends is a key to successful investing. One such pattern that often grabs the attention of traders and investors is the Golden Crossover. In this article, we’ll unravel the concept of the Golden Crossover, understand its importance, and explore five stocks that recently underwent this phenomenon, […]

New Delhi: The country’s coal production has picked up momentum in the last 15 days after unprecedented rains in early October in coal producing states, the government said on Monday. Total production of coal from all sources during the last 15 days is over 26.40 lakh tonnes per day. “Coal production in the country, during […]

Diversified natural resources firm Vedanta Ltd on Saturday said its ranking has improved remarkably in S&P Global’s 2023 corporate sustainability assessment. S&P Global’s Corporate Sustainability Assessment (CSA) is an evaluation of the company’s sustainability performance, it added. “Vedanta, which has scored 81 points this year compared to last year’s score of 76, has scored higher […]

State-owned SECL on Sunday said it has despatched 100 million tonnes of coal in record time till October 28 this fiscal. About 80 per cent of the despatch supply has been made to the power sector, South Eastern Coalfields Limited (SECL) said in a statement. “SECL has achieved 100 million tonnes (MT) of coal dispatch […]

India has asked utilities to import 6% of their coal requirement until March, due to rising power demand and inadequate supply of domestic coal, the power ministry said. Worries have mounted over shrinking coal stocks at power plants, where inventories fell the fastest in two years during the first half of October.

Coal India Ltd will auction fuel linkages for non-regulated sectors in the month of July every year, according to a tentative auction calendar released by the PSU. Each round of auction is expected to be completed within nine months from the date of commencement of the sale of linkages.