Category: Coal

The eighth tranche of commercial coal mine auctions has received an overwhelming response from the industry, the government said on Friday.The last date for submission of bids for the eighth round is January 29. “The ongoing 8th round has witnessed an overwhelming response from the industry, which is evident from the fact that a lot […]

Jefferies has identified Coal India, Hindalco, Tata Steels, and JSW Steel as its top picks in the metal sector. After navigating a challenging fiscal year 2023, Jefferies adopts a cautiously optimistic stance for 2024, anticipating a positive shift in the macroeconomic backdrop. The report says a positive outlook for the metals sector, foreseeing a growth […]

State-owned CIL on Tuesday said its supplies to the non-regulated sector rose 31 per cent to 98 Million Tonnes (MT) in the April-December period of the current fiscal. Coal India Ltd (CIL) supplied 75 MT fuel in the corresponding period of the previous fiscal. “Even as CIL supplies to the country’s power sector exceeded the […]

India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official statement said on Tuesday.The country’s coal output was 83.86 MT in December 2022. “The coal sector has witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights,” the […]

Coal India Ltd (CIL) has lined up massive plans to ramp up its mining capacity, while also roping in the private players in a big way as mine development operators (MDOs). The state-run miner, which reported elevated capex consistently over the last several years, will keep the pace in the coming years as well, with […]

To achieve self-sufficiency in production of coal and reduce the dependence on imports, the coal ministry has drawn up a strategic plan to slash imports of the fuel from over 20% now to 11% by the end of FY26, coal secretary Amrit Lal Meena told FE. The plan will entail a big boost to Coal […]

The country’s coal production increased 12.29 per cent to 664.37 Million Tonnes (MT) from April to December 25 this fiscal over the year-ago period, according to an official statement. The country’s coal output was 591.64 MT in the same period last year. “As per the latest statistics of the Ministry of Coal, the cumulative achievement […]

With an aim to commercialise coal gasification technology, energy and environment solutions provider Thermax is targeting to build its first commercial-scale coal gasification plant in the range of 100 to 500 tonnes per day (TPD). The company has developed its coal gasification technology and built a pilot-scale plant in Pune to showcase it. Experts said […]

The domestic coal-based power generation increased 8.38 per cent to 779.1 Billion Units (BU) in April-November FY24 , an official statement said on Saturday. In the year-ago period, the domestic coal-based power generation stood at 718.83 BU. India’s power generation increased 7.71 per cent in the period under review, the coal ministry said in a […]

The country will require coal for the next 30-40 years to maintain its energy security, said Prahlad Joshi, Union Minister for Coal and Mines on Wednesday. The minister also emphasised that the government aims at reducing the import share of coal to 2% in the next financial year and finally reduce it to zero in […]

Uday A Kaole has assumed the charge of the Chairman-cum-Managing Director (CMD) of Coal India arm Mahanadi Coalfields Ltd (MCL). Prior to joining MCL as its CMD, Kaole was the Director (Technical) at Bharat Coking Coal Ltd (BCCL). Kaole brings with him 36 years of rich technical and administrative experience in the coal mining sector. […]

The Centre will launch the ninth round of commercial coal mines auction on Wednesday, offering as many as 26 blocks to bidders. In pursuit of ensuring energy security and driving economic development, the Ministry of Coal is set to embark on another significant stride with the launch of the 9th round of Commercial Coal Mine […]