Category: Coal

KOLKATA: The coal ministry plans to give special attention to private captive coal block operators to help increase output, which has frequently failed to meet targets. This has put tremendous pressure on Coal IndiaNSE 0.67 %, which has been struggling to meet the nation’s demand for coal. “This year, the focus among other things would […]

India’s AdaniNSE -1.59 % Enterprises has stepped closer to construction of a thermal coal mine in the Australian state of Queensland after Australia’s environment minister said on Tuesday it had approved a groundwater management plan. “This decision does not comprise the final approval for this project,” Minister for the Environment Melissa Price said in a […]

NEW DELHI: The Narendra Modi government has raised India’s coal production by over 144 million tonne (mt) in the five years it has been in power, overshooting by 5% the 138mt added to the country’s output in the 10 years of UPA rule between 2004 and 2014. Production by Coal IndiaNSE -0.13 % (CILNSE 0.29 […]

KOLKATA: Thermal power plants have started delaying coal unloading as their fuel stocks have risen, industry executives said. Coal IndiaNSE 1.01 % executives say a few plants are trying to cut supplies without formally asking for a cut, so that they would not have a problem when they need more fuel to meet higher summer […]

KOLKATA: Coal IndiaNSE -1.13 % will fetch the Centre around Rs 19,000 crore on account of dividends paid and shares sold through various modes by the end of 2018-19 — almost double that of last year. The dry fuel supplier, however, grew its reserves to Rs 28,000 crore from Rs 18,000 crore. “Handsome profits made […]

KOLKATA: Increased fuel supplies and reduced power demand during winter have reduced the number of thermal power plants with critical coal stocks to zero, a position that was last attained four years ago. Average stocks at 126 power plants monitored by the Centre stood at 29 million tonnes, enough to run these plants for 17 […]

Coal India’s standing with investors as a ‘dividend play’ could take a beating after the near-monopoly government miner declared interim dividends that fell below Street expectations. EdelweissNSE 4.11 % said the company’s dividend payout for FY19 would be much lower compared to previous years as Coal IndiaNSE 0.76 %, whose output fires the country’s thermal […]

KOLKATA: Coal stocks at power plants have improved considerably with the number of plants holding critical stocks is down to one from 33 in October. From the time when some plants ran out of fuel, the only one with critical stocks now is GMR’s Warora plant, which has enough coal to run for four days. […]

NEW DELHI: Shares of Coal IndiaNSE -1.27 % fell over 2 per cent on Friday, a day after its board approved the payment of second interim dividend. In a BSENSE 0.71 % filing, the company said its board of directors had approved the payment of second interim dividend for 2018-19 at Rs 5.85 per share […]

Kolkata: Captive coal miners have already produced 4.41 million tonnes more than their yearly target in the first eleven months of the current fiscal. They were asked to produce 40 million tonnes during the whole of 2018-19 This, the government said, is a 31.6% growth on a year-on-year basis during the period. Coal production target […]

Kolkata: Coal IndiaNSE -1.17 % will hold a third round of auctions for giving out longterm fuel supply contracts under Shakti B(ii) where participants of the first round would be eligible to bid. They are, however, barred from the second round which will be held soon, a government official clarified. Shakti B(ii) is for power […]

KOLKATA: Coal imports by state government-run power producers were up 2.6-fold in the first 10 months of the current fiscal as domestic supply dwindled, but overseas purchases by private generators and central entities declined 2.5% during the period. Overall imports by thermal plants rose 4.6% to 47.96 million tonnes (MT) in this period. A senior […]