Captive and commercial coal blocks produced 147 million tonne coal in financial year 2023-24, registering a year-on-year growth of 27 per cent, Union Minister Pralhad Joshi said on Wednesday. The mines had produced 116 MT coal during 2022-23. Out of 147.2 MT, power sector captive mines produced around 121.3 MT, non-power sector mines produced 8.4 […]
Category: Coal
NALCO posts record cast metal production at 4.63 lakh metric tonne in FY24
State-owned NALCO has made a record production of cast metal at 4,63,428 metric tonne during the financial year 2023-24. The company has also made its highest-ever metal sales of 4,70,108 metric tonne during the fiscal ended March 31, it said in a statement on Tuesday. The excavation of bauxite reached a record high of 7,600,230 […]
Jindal Stainless to divest entire 26% stake in Jindal Coke by September
Jindal Stainless on Wednesday said it aims to complete divestment of its entire 26 per cent stake in Jindal Coke by September this year. In the first tranche, the company has offloaded 4.87 per cent shares in Jindal Coke for over Rs 36.49 crore. These shares were picked up by JSL Overseas at the same […]
Why India cannot ignore coal anytime soon
Coal is projected to continue as the backbone of the Indian energy system until the next two decades and its phase-down will require active policies on critical minerals, according to a report by the Indian Institute of Management (IIM)- Ahmedabad. The report asserted that net zero is not possible without substantial nuclear power and renewable […]
India continues to rely heavily on coal to meet projected 260 GW peak demand in summer
New Delhi: India will continue to rely heavily on electricity generated using coal during the ensuing summer season when peak demand is projected to cross 260 gigawatts (GW) on likely intense heat conditions in parts of the country, a power ministry official said on Tuesday. While renewable capacities continue to be added, authorities are building […]
India’s coal and lignite production hits all-time high of over 1 billion tonnes in FY24: Coal Minister Pralhad Joshi
The country has for the first time crossed the milestone of 1 billion tonnes of coal and lignite production in the financial year 2023-24, Union Coal and Mines Minister Pralhad Joshi said on Monday. India’s total coal and lignite output was at 937 million tonnes (MT) in the preceding 2022-23 fiscal, as per official figures. […]
Coal India achieves 610.8-MT supply to power sector, tops annual target
Coal India Ltd (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27, a company official said. “This marks the highest coal supply till date to the power sector,” he said. CIL’s coal supply to the sector rose by 29.3 million tonnes in […]
India’s coal import rises to 212 million tonnes in April-January period
The country registered a marginal rise of 1.65 per cent in coal imports to 212.24 Million Tonnes (MT) in the April-January period of the ongoing fiscal, over the year-ago period. India’s coal import was 208.78 MT in the corresponding period of the previous fiscal, according to data compiled by Mjunction Services Ltd. Mjunction Services Ltd […]
Coal PSUs must plan pithead-based thermal projects: Coal Secy
The Coal Ministry has asked Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said. The plan is that all new thermal projects of Coal India Ltd (CIL) and NLC India Ltd should come […]
PM Gati Shakti National Master Plan launched for coal sector
The coal ministry on Wednesday launched the PM Gati Shakti National Master Plan, which offers a database of existing, ongoing and future coal projects, to foster comprehensive planning and execution of projects in the sector. The master plan is a geographical information system (GIS)-based digital platform involving various ministries for integrated planning and coordinated implementation […]
India to have 150 million tonne coal stock by March-end: Coal Minister
India will have an overall coal stock of 150 million tonne by the end of this month, Union Minister Pralhad Joshi said on Thursday. This will be 19.53 per cent higher than 125.49 million tonne coal stock at the end of March 2023. Out of 125.49 million tonne , 34.57 million tonne was at coal-based […]
Power units will end financial year with 45 million tonnes of fuel: Coal minister Pralhad Joshi
New Delhi: Coal minister Pralhad Joshi on Thursday said power plants will end the financial year with 45 million tonnes of fuel, much higher than last year’s 37 million tonnes, which included imported stock. The projection is higher than the ministry’s earlier projection of around 40 million tonnes as closing stock at plants. The overall […]