Category: Coal

One can say that for the third time, the government tasted success in the secondary sale of shares in Coal India (CIL), if the subscription numbers of institutional investors is anything to go by. The government, which launched an offer for sale (OFS) in the world’s largest coal company on Thursday, saw the non-retail portion […]

Domestic coal production was 7.10 per cent higher year-on-year at 76.26 million tonne (MT) in May. India had produced 71.21 MT coal during the same month in 2022, the coal ministry said in a statement. “Ministry of Coal has achieved a remarkable feat with a substantial surge in overall coal production during May 23, reaching […]

State-owned Coal India Ltd (CIL) has reported a 9.5 per cent year-on-year rise in monthly production to a record 60 million tonne (MT) in May 2023. The miner, along with its subsidiaries, had produced 54.7 MT of coal in the same month last year, CIL said in a statement on Thursday. “CIL’s May 2023 production […]

State-owned Coal India Ltd has spent Rs 513 crore on corporate social responsibility projects in FY 23, which is 15.3% more than the statutory requirement of Rs. 445 crore, a company release said. The mandated target for expenditure on CSR by Coal India during the last three years was Rs 1,284 crore. During a four-year […]

Homegrown firm JSW Group is exploring possibilities to acquire coking coal mines in offshore markets, industry sources said. The steel-to-infrastructure group is exploring the mineral assets in countries like Australia and Mozambique etc, they said. “JSW Group is exploring possibilities to acquire coking coal mines in offshore markets like Mozambique, Australia etc for captive purposes,” […]

Coal may provide a potential new way to store hydrogen gas, much like batteries store energy for future use, addressing a major hurdle in developing a clean energy supply chain, according to a study. Hydrogen is a clean burning fuel and shows promise for use in the most energy intensive sectors of the economy-transportation, electricity […]

Standing by vast, ash-colored coalfields, miner Rabi Behera expressed few doubts about the job at hand. To cope with increasingly brutal temperatures, India has to keep its power grid standing— and for now that means digging up ever expanding quantities of the dirtiest fossil fuel. “It’s hard to survive without electricity during the summer,” he […]

The government has extended the last date to submit bids under the seventh round of commercial coal auctions till June 27, 2023, an official statement said Wednesday. The government had earlier fixed May 30 as the last date to submit bids for the 106 coal mines that were put on the block in the latest […]

State-owned Coal India Ltd (CIL) on Monday said it has reached an agreement with its 2.38 lakh strong non-executive workers over the revision of wages. Under the agreement reached, a 19 per cent minimum guaranteed benefit from July 1, 2021, on emoluments (basic, VDA, SDA & attendance bonus) and a 25 per cent increase in […]

Mumbai: JSW Group has joined the race to acquire two coking coal mines from Australia’s BHP Group in a potential $1.5-2 billion deal as the Indian steelmaker looks for resources to fire its blast furnaces, said people in the know. The Daunia and Faunus mines, with 20 million tonnes per annum (MTPA) capacity, in Queensland […]

The government is scaling up the annual production of SECL’s Gevra coal mine to 70 MT making it the largest, coal secretary Amrit Lal Meena said. Gevra project of South Eastern Coalfields Ltd (SECL) in Chhattisgarh recently became the first mine in the country to achieve 50 MT of coal production, the official said in […]

India’s coal production rose by 8.5 per cent to 73.14 million tonnes (MT) during April 2023, according to the ministry of coal. In April 2022, the country’s overall coal production was at 67.20 MT, as per the ministry data. India achieved 94.89 per cent of the 77.08 MT production target for April 2023, the data […]