Category: Coal

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, having an ultimate peak rated annual capacity of 7 Million Tonnes Per Annum, is declared commercial operation from October 1, […]

State-owned Coal India Ltd (CIL) is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel remained muted for most of this year amid the coronavirus pandemic impacting economic activities. Against all odds, including the slump in coal demand, the government […]

State-owned CIL allocated 25.78 million tonnes (MT) of coal in the first eight months of this fiscal under spot e-auction scheme, registering a year-on-year increase of 59.4 per cent. Coal India Ltd (CIL) had allocated 16.17 MT of coal in the April-November period of the previous fiscal, according to government data. Fuel allocation by CIL […]

Coal supply by state-run CIL to the power sector declined by 5.3 per cent to 277.46 million tonne (MT) in the April-November period of the ongoing fiscal. The state-owned company had supplied 292.88 million tonnes of coal to the power sector in the corresponding period of the previous fiscal, according to official data. In November […]

The proposed coal exchange will allow independent traders and firms to play on the platform since they can infuse liquidity in the market for producers and sellers through buying contracts from producers when there are no takers of coal and selling contracts to end users when contracts are not available to producers and importers. Deepak […]

The Centre, state governments and coal block allocatees need to come together in a “coordinated and harmonious way” to operationalise the blocks at a faster pace as of the total 98 mines auctioned so far, only 33 are operational, Coal Additional Secretary M Nagaraju said on Thursday. He said that fast operationalisation of coal blocks […]

The government would rationalise the slew of taxes on the coal to make prices competitive against imported coal. “This should be done keeping in view the government’s import substitution targets and make the second round of coal blocks auction more attractive by enabling prices of commercial coal to be competitive in the open market,” said […]

Coal Minister Pralhad Joshi on Friday met his counterpart in the power ministry, R K Singh, and deliberated on substituting imported coal with domestic fuel as part of initiatives towards the government’s ‘Aatmanirbhar Bharat’ goal. During the meeting, both ministers also deliberated on strategies for removing bottlenecks to augment coal suply in the country. “Had […]

Disruptions caused by the COVID-19 pandemic continued to impact cargo movement in India, with thermal coal imports at 12 major ports falling by 17.22 per cent year-on-year to 48.16 million tonnes (MT) in April-November, according to the ports’ body IPA. Coking coal handling dropped by 14.71 per cent to 31.51 MT during the April-November period […]

The coal ministry has again invited bids for four coal blocks whose tender process was annulled in the first round of auction for commercial mining, as the number of technically qualified bidder for each mine was just one. Of the four coal blocks, three are in Odisha and one is in Jharkhand.

With surging pithead stock and a surplus scenario in the sector, Coal India is in favour of tweaking its e-auction policy to broaden its customer base and maintain a steady bottomline, an official said on Sunday. The idea of “putting all e-auction coal in single bucket” will help realise a higher off-take, he said.

With the Indonesian thermal coal prices surging, Coal India (CIL) is looking at an opportunity to replace imported thermal coal with the domestic variety going by the government’s mandate of 100 million tonne (MT) of import substitution. In the wake of the Indonesian government setting the November average free on board (FOB) coal prices at […]