Category: Coal

Tata Steel’s robust profitability in its India operations will help it pursue its growth ambitions even as elevated imports from China are putting pressure on local steel prices, company MD TV Narendran told Nikita Periwal and Anirban Chowdhury in an interview. He said the company plans capacity expansion at Neelachal Ispat to increase long products […]

Gainwell Group, India dealer of Caterpillar heavy equipment, on Wednesday acquired TIL Ltd (formerly Tractors India) and infused Rs 120 crore into the Kolkata-based construction equipment maker that includes Rs 70 crore for subscribing a preferential issue of equity shares. Gainwell, the Kolkata-headquartered capital goods manufacturer with presence in the mining, construction, energy, defence, railways, […]

The Union Cabinet on Wednesday approved a Rs 8,500 crore incentive scheme for coal gasification projects, sources said. The adoption of gasification technology in India is expected to reduce the country’s reliance on imports of natural gas, methanol, ammonia and other essential products. The cabinet has given its go-ahead to Rs 8,500 crore incentive scheme […]

The Union Cabinet Wednesday approved a viability gap funding (VGF) scheme of ₹8,500 crore for coal gasification projects for public and private sector companies. The VGF will be given in three categories. One, for three projects of government-owned companies, for which a grant of₹ 4,050 crore will be given. In the second segment, bids will […]

Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said Wednesday. In its annual report on the electricity market, the IEA said that renewables — in particular from solar panels — should see their share of total electricity production surpass a third […]

A Delhi court on Tuesday allowed Congress leader and industrialist Naveen Jindal, accused in three cases related to alleged irregularities in the allocation of coal blocks, to travel to several countries, including the US, UK, Italy and Spain, from February 1 to 20. Special Judge Arun Bhardwaj allowed Jindal’s application, noting he had travelled abroad […]

Union Minister for Coal and Mines Pralhad Joshi on Tuesday said for the first time, the country’s coal production is going to cross 1 billion tonne. India is going to stop the import of substitutable coal from next year, Joshi said at the second State Mining Ministers’ Conference here. The union minister said there are […]

Coal and hydropower energy transitions in India are characterised by significant state-sanctioned violence, which can marginalise Indigenous and frontline communities, new research has found. The study called for an investigation of ‘violent transitions’, referring to the ways in which the expansion of fossil fuel and low-carbon energy infrastructures are predicated upon direct state-sanctioned violence – […]

Domestic coal-based power generation increased 7.14 per cent to 872 billion units (BU) in the April-December period of the current fiscal. The rise in domestic coal-based electricity generation reflects an ample supply of coal to meet the growing energy demand in the country, the coal ministry said in a statement.

New Delhi: State-owned CIL’s arm Central Coalfields Ltd is mulling a joint venture with the Jharkhand government for the second phase of expansion of Tenughat Thermal Power Station in the state. The total installed capacity of the thermal station is 420 MW having two units of 210 MW capacity each. The first unit of 210 […]

India’s state-owned Coal India Ltd (CIL) is considering venturing into the mining of critical minerals, including lithium, according to an official. CIL is planning to obtain a block from the government for exploration, and once the presence of lithium reserves is confirmed, the company will proceed with mining operations. Lithium is a crucial mineral for […]

The coal ministry is aiming for total coal stock to reach at least 140 million tonnes by the end of the current financial year, coal secretary Amrit Lal Meena told ET. This includes stock at power plants and pitheads as well as in transit. The coal stock at the end of last financial year was […]