NEW DELHI: Coal Minister Pralhad Joshi on Monday said the next tranche of commercial mines auction will be launched this month and stressed that further rounds will continue thereafter. Speaking at the agreement signing ceremony for commercial coal mining and launch of single-window clearance system, he said commercial coal mining has been made a part […]
Category: Coal
Don’t shun coal as of yet: Pralhad Joshi
New Delhi: India should not crush its energy aspirations in quest to follow the West, coal minister Pralhad Joshi said on Monday adding the country should make maximum use of its coal reserves while shifting to cleaner forms of energy. Joshi said some groups often irresponsibly argue to shun coal, without assessing its implications. He […]
India’s coal import drops 17% in April-November: mjunction
NEW DELHI: India’s coal import declined by 17 per cent to 137.16 million tonne (MT) in the April-November period of the current fiscal. The country had imported 165.35 MT of coal in the year-ago period, according to provisional compilation by mjunction, based on monitoring of vessels’ positions and data received from shipping companies. mjunction, a […]
NALCO to invest Rs 30,000 crore on expansion by 2027-28: Pralhad Joshi
State-run NALCO will invest nearly Rs 30,000 crore on expansion and diversification plans, union coal and mines minister Pralhad Joshi said on Wednesday. Of the proposed investment, the company will spend over Rs 7.000 crore on the fifth stream refinery, Pottangi bauxite mines, bauxite transportation system from Utkal D & E coal mines. Remaining Rs […]
Thermal coal imports at major ports fall 16% to 55 MT in Apr-Dec period: IPA
New Delhi: Disruptions caused by the COVID-19 pandemic continued to impact cargo movement in India with thermal coal imports at 12 major ports declining 16.43 per cent year-on-year to 55.16 million tonnes in April-December 2020 period, according to ports’ body IPA. Coking coal handling dropped by 12.13 per cent to 36.96 MT during the April-December […]
Dharmendra Pradhan urges coal and mines minister to expedite capacity expansion of smelter plant
Union petroleum and steel minister Dharmendra Pradhan on Monday urged his colleague Prahlad Joshi, who holds the portfolio of coal, mines and parliamentary affairs, to expedite capacity expansion of Nalco’s Aluminium smelter plant at Angul in Odisha. Pradhan, in his letter, requested Joshi to take necessary steps for increasing Nalco smelter plant’s capacity to 1 […]
Taking several initiatives to augment coal evacuation infrastructure: Government
New Delhi: The coal ministry has said the government is taking several initiatives to augment the coal evacuation infrastructure, including laying new railway lines. “However, the Government of India is also committed to development of coal sector infrastructure. “The government is taking many initiatives to augment coal evacuation infrastructure, including new railway lines, and presently […]
Coal India capex utilisation over Rs 8,000 cr till December, aiming at revised 13,000 cr target
Despite its cash-flow issues, Coal India Ltd NSE 0.78 % has already spent over Rs 8,000 crore as capital expenditure (capex) till December 2020 in the current fiscal, and is looking to meet a revised target of Rs 13,000 crore of such expense by the end of FY’21, an official said on Sunday. The capital […]
Coal India output grows 6.3% during Oct-Dec 2020
Coal India Ltd’s (CIL NSE 4.76 %) output grew 6.3% to 156.8 million tonnes (MT) coal during October-December 2020 compared to 147.5 MT it produced for the same quarter last year. Production increase in volume terms was 9.3 MTs during the period. The quarter-on-quarter output increase was a 41.8 MT, a growth of 36.4%. CIL […]
Current domestic coal production inadequate to meet country’s demand: Government
New Delhi: The government on Thursday said the current domestic production is unable to meet the country’s demand, even though the country is the world’s second-largest producer of fossil fuel and the fifth-largest nation in terms of coal deposits. Currently, India is producing about 729 million tonnes of dry fuel, the coal ministry said in […]
Coal India to construct 21 railway sidings at cost of Rs 3,370 crore
State-owned Coal India Ltd NSE -0.73 % (CIL) on Monday said it is constructing 21 railway sidings at an estimated investment of Rs 3,370 crore in four of its subsidiaries, an effort towards strengthening its rail infrastructure. These railway sidings would be commissioned by FY’24. CIL currently has around 152 rail sidings and the tally […]
NTPC declares Dulanga coal mine commercially operational
NEW DELHI: State-owned power giant NTPC on Monday said its Dulanga coal mine is commercially operational from October 1, 2020. “…based on achievement of approved norms and due approval; Dulanga Coal Mine (in Odisha) of NTPC Limited NSE -1.99 %, having an ultimate peak rated annual capacity of 7 Million Tonnes Per Annum, is declared […]