Category: Coal

Claiming potential violation of his fundamental right, a man listed by the CBI as a witness in a coal scam case has approached the Supreme Court against the Enforcement Directorate’s decision naming him as an accused in the linked money laundering case, calling the action of the two federal probe agencies “inherently contradictory”. An apex […]

The Indian market is likely to consolidate on Wednesday tracking muted global cues. The S&P BSE Sensex fell more than 200 points while the Nifty50 managed to close above 20,100 levels on Monday. The stock market remained shut on Tuesday on account of a public holiday. India VIX was down by 0.60% from 10.90 to […]

A study by the Railway Board has stressed on the need to have dedicated coal corridors to meet the growing power demand in the country. The majority of the coal is transported from the states of Odisha, Jharkhand and Chhattisgarh to the north, west and south-east of the country and there is a need to […]

India needs to bring further reforms to encourage mineral exploration in the country according to Sumit Deb, outgoing President of the Federation of Indian Mineral Industries (FIMI). In his address during the 57th annual session of FIMI, he expressed doubts whether international Junior Exploration Companies or domestic exploration companies would be keen to participate in […]

In a bid to improve the air quality of Jharkhand’s Dhanbad district, no new hard or soft coke units will be allowed there from October 1, a state pollution board official said on Sunday. The Jharkhand State Pollution Control Board (JSPCB) issued an order in this regard early this week. “This is a temporary restriction, […]

Domestic steel prices are expected to remain at Rs 59,000 per tonne (flat steel) and Rs 56,000 per tonne (long steel) on pre-election spending, during the current financial year, a note from CRISIL Market Intelligence and Analytics said. According to the note, the higher prices will remain despite a slowing global economy. This commentary comes […]

NEW DELHI: G20 countries said they will try to triple renewable energy capacity by 2030 and focus on technological development to move towards low-emission energy, according to the New Delhi declaration, which comes as a big boost to India’s efforts. “We will pursue and encourage efforts to triple renewable energy capacity globally through existing targets […]

Coal dispatch to the power sector increased 6 per cent to 324.5 million during the April-August period of the current fiscal, an official statement said on Tuesday. Coal dispatch to the power sector was at 306.70 MT during the year-ago period, the Ministry of Coal said. “Coal dispatch to the power sector from April to […]

India saw a 29 per cent increase in per capita coal emissions in 2022 as compared to 2015, while G20 per capita coal emissions rose by about 9 per cent from 1.5 tonnes of carbon dioxide in 2015 to 1.6 tonnes of carbon dioxide in 2022, according to a new analysis by global energy think […]

A Delhi court has given its ‘no-objection’ for the renewal of the passport of Congress leader and industrialist Naveen Jindal, accused ‘in a coal scam case. Special Judge Arun Bharadwaj, meanwhile, said that the order was only for no-objection, and “not any direction to any authority for the renewal of the passport of Jindal.” “Having […]

India has stepped up the use of coal to generate electricity in a bid to stop outages caused by lower hydroelectricity output, and as an increase in renewables is struggling to keep pace with record power demand. It is unusual for India’s electricity use to spike in August, when temperatures are lower due to the […]

India has asked utilities to import 4% of their coal requirement until March next year and has called a meeting to revive idling state-owned and private gas-based power utilities on Monday, letters seen by Reuters showed, as the country struggles to meet night-time power demand. The country’s maximum power demand touched 240 gigawatt (GW) on […]