Category: Coal

Power producers in western and northern states are using rail-sea-rail (RSR) route to get their coal supplies from eastern India to avoid rail congestion and also to reduce coal imports, an official in the coal ministry said.

The coal stock at the thermal power stations stood at about 35 million tonne (MT) on Sunday, 64% higher than previous year, coal secretary Amrit Lal Meena said on Tuesday.

Adani Group’s pile of debt increased almost 21% over the past year and the proportion held by global banks rose to nearly a third, according to data seen by Bloomberg that offers an up-to-date snapshot of its financial health. Information gleaned from people familiar with the conglomerate’s inner workings as well as from presentations to […]

India’s largest power producer NTPC Ltd is planning to expand the power generation capacities of eight of its coal-based power plants by more than 10 giga watt (GW) even as it has set an ambitious target for producing higher share of renewable energy. This will require investments to the tune of Rs 35,000-40,000 crore.

The production of coking coal by Coal India Ltd (CIL) rose by 17.2 per cent year-on-year (y-o-y) to 54.6 million tonnes (MT) in 2022-23. The state-owned miner had produced 46.6 MT coking coal during the preceding 2021-22 fiscal, it said in a statement. “The quantum leap was a whopping 8 MT. This assumes significance at […]

Coal India has pegged supply to the power sector in 2023-24 at 610 million tonnes to meet the demand for coal-fired power plants. This is 23.4 million tonne more or 4 per cent higher than the record ever 586.6 MTs that it had supplied to power plants in the just concluded financial year, it said […]

As the country’s peak power demand is expected to increase this fiscal, state-owned Coal India (CIL) is hopeful of increasing supplies to the power sector by 4% year-on-year to 610 million tonne to meet the demand for coal-fired plants. The 610-MT target is 23.4 MT more or 4% higher than the record ever 586.6 MT […]

Adani Enterprises (AEL), the flagship company of Adani Group, is in advanced stages of achieving financial closure of ₹14,500 crore required for part funding for its coal-to-polyvinyl chloride (PVC) plant in Mundra, Gujarat.

State-owned CIL on Friday said it is making all efforts to supply higher quantities of coal to the non-regulated sector (NRS) without affecting supplies to the power sector, through increased production. The statement comes days after the Maharatna firm stated that it is gearing up to meet the demand of coal from the power sector […]

State-run Coal India is likely to register close to 17% growth in coal despatch to customers in the non-regulated sector (NRS) in the fourth quarter compared to the third quarter this fiscal. Coal despatch to NRS customers is averaging 367,000 tonne per day in the fourth quarter till date, the miner said in a statement […]

Weeks after it revised the rating outlook of two companies of embattled Adani group, S&P Global Ratings on Wednesday said it is watching for additional information on the conglomerate’s governance and funding for any ratings action. Investors, it said, seek clarity on the credit impact of a string of allegations against the group in a […]

The Coal Ministry is hopeful of achieving more than 150 million tonne of production from captive and commercial coal blocks in the next financial year, against the target of 161 million tonne. “This (financial) year, we are likely to achieve 112 million tonne, while the target was 120 million tonne (production from captive and commercial […]