Outstanding dues payable by power producers to Coal India for fuel supplies have increased by Rs 3,293.50 crore to Rs 16,629.41 crore since March 31, 2022, Parliament was informed on Monday. “The outstanding dues payable by power sector for the coal sales by Coal India Ltd (CIL)” were Rs 13,335.91 crore as of March 31 […]
Category: Coal
Strong case to hike coal prices, could happen very soon: CIL chairman
Coal India Chairman Pramod Agrawal on Monday said there is a “strong case” for increasing coal prices, and the hike could be effected “very soon” as discussions are underway with stakeholders. Agrawal also said he is confident that the mining behemoth will achieve the production target of 1 billion tonnes by 2025-26. “There is a […]
Coal use seen peaking next year as India, China determine future
Global coal consumption will likely peak by next year as economics and climate strategies shift the world toward cleaner energy, but several wild cards could determine how long the dirtiest fossil fuel persists, according to BloombergNEF. Coal power generation increased in each of the past two years as China and India battled electricity shortages and […]
PM Gati Shakti: 156 critical infrastructure gap projects identified
As many as 156 critical infrastructure gaps to ports and for movement of bulk commodities such as coal, cement, fertilizers and foodgrains, have been identified for intervention under the PM Gati Shakti initiative, an official statement said on Saturday. The PM Gati Shakti programme was launched by the government on 13th October 2021. So far, […]
Well prepared for peak summer demand from power units: Coal secretary Amrit Lal Meena
The coal ministry is “well prepared” to handle the upcoming peak demand for coal and has taken preemptive steps for the anticipated requirement in the summer months, secretary Amrit Lal Meena told ET. The closing stock at pitheads will come at around 70 million tonnes in March end and overall coal production for the financial […]
Coal India Ltd targets 156 MT coal supply to power sector in April-June
Coal India Ltd said on Tuesday it is hopeful of supplying 156 million tonnes of coal to the power sector in the summer months of April-June amid concerns over a spike in demand for the dry fuel. This quantity would be just over a quarter of the dispatch target of 610 MT for the power […]
NTPC mulls 5.4 million tonnes coal import in first half of 2023-24
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal, Parliament was informed on Tuesday. “NTPC is planning to import around 5.4 million tonnes of coal for its group stations to meet domestic coal supply shortage during the first half […]
US federal agency funds methane capture project India
Washington: A federal US agency has approved grant funding for a feasibility study to develop a coal mine methane (CMM) recovery facility in the Jharia coalfield in Jharkhand, said to be the first of its kind in India. The US Trade and Development Agency (USTDA) said on Thursday that to support efforts by the Prabha […]
Power units may miss closing coal stock target as heat soars
An unusually warm February, coupled with industrial consumption, may lead to less-than-expected coal stock at power plants, raising concerns over meeting fuel demand in the summer months. February and March, being the last two months of the financial year, are usually when incremental coal stocks build up at power plants, which helps in meeting fuel […]
Adani still significant investor in Australia, investment fully functional: High Commissioner Barry O’Farrell
New Delhi [India], March 6 (ANI): Australian High Commissioner Barry O’Farrell on Monday said that Adgroup is still a significant investor in Australia. “Adani’s investment is fully functioning in Australia. No reports I see from Australia of any effect on business, he is still a significant investor,” O’Farrell said on Monday.
Green energy obligation for coal-based plants notified
The power ministry has notified that coal-based plants that will start commercial operations between April 2023 and March 2025 must have a minimum 40% of its generating capacity through renewable energy sources. Such plants could also procure and supply renewable energy equivalent to such capacity if not able to set it up, a notification from […]
Mahalakshmi and Satyam consortium wins bid for largest coal reserve of Northeast India
Consortium of Mahalakshmi and Satyam Group won the auction of largest coal reserve of Northeast India at Nampuk Namchik in Arunachal Pradesh. The consortium stated in the recent auction of North East’s largest coal mine located at Nampuk Namchik in Arunachal Pradesh, two major industrial groups of eastern India, Satyam Group and Mahalakshmi Group won […]