The power ministry has directed imported coal-based plants to run at full capacity till June 2024 and all generation units to import a minimum 6% of their fuel requirement for blending. This is in the backdrop of continued rise in electricity demand, inadequate supply of domestic fuel and lower hydro generation.
Category: Coal
Coal ministry generates Rs 28.79 cr revenue via disposal of scrap
New Delhi: The coal ministry on Tuesday said a revenue of Rs 28.79 crore has been generated by disposing of scrap as part of a special campaign. An area of approximately 50,59,012 sq ft has been freed so far via scrap disposal, the coal ministry said in a statement. A total of 1,08,469 physical files […]
Govt works out strategy to ensure normal coal output during festive season
The Centre on Monday said it is committed to ensuring adequate availability of coal and has worked out a strategy to ensure normal production of fossil fuel during the festive season. “The Ministry of Coal has worked out a strategy… by way of offering higher wages to contractual workers during the season. This has resulted […]
Plans afoot to ensure coal stock at pithead power units
The coal ministry plans to ensure 40 million tonnes of closing stock at pithead thermal power plants and more than 75 million tonnes at mines as on March 31. This comes after stocks at domestic coal-based plants depleted at a faster pace in the first half of the month. Coal stock at domestic power plants […]
GOCL gets Rs 766 crore order from Coal India
GOCL Corporation has bagged a Rs 766 crore order from state-owned Coal India Ltd (CIL) to supply explosives. The order will be completed over the period of two years — from October 2023 to October 2025, the company said in a statement on Friday. “The company announces receiving an order from Coal India worth Rs […]
Coal PSU NLC targetting 17 GW capacity by 2030, to invest Rs 82,700 cr: CMD
NLC India plans to invest Rs 82,700 crore by 2030 to scale up its power generation capacity capacity to 17 GW, the company’s CMD Prasanna Kumar Motupalli said. Out of the 17 GW, 6 GW will be renewable-based capacity and the balance 11 GW from conventional sources, he told PTI in an interaction. “NLC is […]
India spent more than Rs 3.85 lakh crore on coal imports last year
The country spent more than Rs 3.85 lakh crore on coal imports last year, the government said on Thursday. Though the share of coal import in total consumption came down from 26 per cent to 21 per cent in the last five years, India is importing more than 200 million tonnes (MT) of dry fuel […]
Centre to increase imported coal blending to meet power demand
The Centre is likely to direct power generators to increase imported coal for blending to at least 6% of their requirement from the current 4% in the wake of fast-depleting stocks at power plants. “Because there is a daily deficit [difference between supply and use] now, so imported coal blending is being ordered to be […]
Production halt in Parsa East & Kanta Basan block in Chhattisgarh results in scarce fuel supply in Rajasthan
Production halt at Parsa East & Kanta Basan block in Chhattisgarh has resulted in scarce coal supply in poll-bound Rajasthan, an official in the coal ministry said. The chief ministers of both the Congress-ruled states, Chhattisgarh and Rajasthan, have been holding meetings over the past on the issue, the official said. The Parsa East & […]
Coal, lignite PSUs to develop 19 new eco-parks; Rs 128 crore fund for green cover initiative
Public sector units operating in the coal and lignite sectors have ambitious plans to develop 19 new eco-parks and tourism sites in mining areas and an amount of Rs 128 crore is estimated to be pumped in for the green cover initiatives, the government said on Friday. The move aims to encourage sustainable tourism and […]
Production halt in Parsa East & Kanta Basan block in Chhattisgarh results in scarce fuel supply in Rajasthan
Production halt at Parsa East & Kanta Basan block in Chhattisgarh has resulted in scarce coal supply in poll-bound Rajasthan, an official in the coal ministry said. The chief ministers of both the Congress-ruled states, Chhattisgarh and Rajasthan, have been holding meetings over the past on the issue, the official said. The Parsa East & […]
Coal India, ICICI Bank among 10 Nifty stocks with golden crossover pattern
In the dynamic world of stock trading, investors have a plethora of tools at their disposal to gauge market trends. One such indicator, the Golden Crossover, is a reliable tool that can assist investors in spotting potential bullish trends. On October 11, Wednesday, Trendlyne reported that over 40 Nifty stocks displayed this pattern. Today, we […]