New Delhi: The government has readied a scheme to auction power purchase agreements (PPAs) with attached coal supplies from Coal IndiaNSE 2.40 %. The auction of short-term PPAs with coal supplies is expected to help some of the about 10GW power plants idling due to lack of fuel and power contracts. A senior government official […]
Category: Coal
India’s coal import rises 13% to 21 MT in April
NEW DELHI: India’s coal import increased by 13.4 per cent to 20.72 million tonnes in April compared to 18.27 million tonnes (MT) in the same last year, according to a report. Of the total imports during April 2019, non-coking coal or thermal coal shipments were at 15.08 MT, according to provisional data by mjunction services. […]
Australian election results bode well for Adani’s coal mine project
SYDNEY: A surprise election victory for Australia’s pro-coal ruling coalition may bode well for the Adani Group’s long-delayed mega coal mine project, with the Group’s country head saying the defeat of Labor Party in Queensland, where the project is based, is a clear message to get the project done. The opposition Labor Party leader Bill […]
View: The world’s last coal plant will soon be built
Fossil-fuel advocates have a favorite rejoinder to those who predict a global shift to renewable energy: Coal has never been more popular. It’s a decent argument because it happens to be true. While coal-fired power has declined by nearly a quarter in Europe & almost 40 percent in North America over the past decade, the […]
In a sunset industry, economics of Adani’s Australian coal mine questioned
MELBOURNE/SINGAPORE: A crash in Australian thermal coal prices is raising fresh questions about the viability of a controversial $4 billion coal mine just a week ahead of a national election in which climate change is a key issue. Final approval of the Carmichael coal mine in Queensland, owned by India’s AdaniNSE -3.50 % Enterprises, should […]
Coal here to stay despite India’s ambitious goals for renewable energy
Coal is dirty. Really dirty. There is no getting around that fact. It is responsible for 40% of carbon dioxide emissions from fossil fuels. Mining coal wreaks havoc on the environment and on the people who live there. Besides CO2, burning coal produces pollutants like mercury, sulfur dioxide, which is linked to acid rain, and […]
SCCL expedites coal mining projects to meet fuel needs of power plants
In a bid to cater to the fuel needs of new power plants, state-owned SCCL has expedited the development of certain coal mining projects, including Kalyani Khani-6 Incline block, and invited expression of interest for carrying out pre-mining activities. Kalyani Khani-6 Incline in Telangana, having extractable reserves of 15.65 million tonnes (MT), is a new […]
In a sunset industry, economicis of Adani’s Australian coal mine questioned
MELBOURNE/SINGAPORE: A crash in Australian thermal coal prices is raising fresh questions about the viability of a controversial $4 billion coal mine just a week ahead of a national election in which climate change is a key issue. Final approval of the Carmichael coal mine in Queensland, owned by India’s AdaniNSE 1.59 % Enterprises, should […]
Coal India to increase auction offering by 14% in FY20
KOLKATA: Coal IndiaNSE 0.72 % (CIL) plans to ramp up auction offerings by 14% during the current fiscal against the previous year when similar supplies declined 5%. It is expected to bring down premiums in the auctions market and offer respite to independent power, cement, sponge iron companies among others that depend on coal available […]
Indians are addicted to cheap coal power and it’s killing them
When the massive coal-fired power plant next door to her home in New Delhi was firing at full blast, Bala Devi would pull her saree tight against her face to try and protect her lungs. It was a futile gesture. Towered over by red-and-white striped smoke stacks, Devi’s house in a poor community of India’s […]
SC seeks centre’s reply on Essar Power’s plea to surrender coal block
NEW DELHI: The Supreme Court Wednesday sought the Centre’s response on a plea of Essar Power MP Ltd seeking to surrender the coal mines won by it in the 2015 auctions and refund of money paid to the government. A bench comprising Chief Justice Ranjan Gogoi and Justice Deepak Gupta issued notice to the Centre […]
Queensland govt rejects Adani’s plan to protect endangered bird species, delaying mine project
MELBOURNE: Australia’s Queensland state government has rejected a management plan of Indian energy giant AdaniNSE -1.35 % to protect an endangered black-throated bird species, saying the company’s proposals do not meet the approval conditions for the proposed billion dollar mine project. The environment department’s decision will delay the controversy-hit Carmichael coal mine project indefinitely, media […]