Category: Coal

Coal India, the world’s largest coal miner, has revised its production target downwards to 650-660 million tonne for the fiscal year against the initial production target of 710 million tonne due to Covid-related disruptions. Coal India chairman-cum-managing director Pramod Agrawal said at least 650 to 660 million tonne of coal was expected to be produced […]

India’s coal import fell 43.2 per cent to 11.13 million tonnes (MT) in July this year on account of high stockpile of the dry fuel at pitheads, plants and ports. The country had imported 19.61 MT of coal in July 2019, according to a provisional compilation, by mjunction services limited, based on monitoring of vessels’ […]

The dates for submission of bids for online auction of coal blocks for commercial mining could be further extended due to disruptions caused by the COVID-19 pandemic, sources said on Sunday. The Centre had earlier extended the dates for submission of technical bids.

India’s coal production fell by 4.9% in June 2020 compared with May 2020 after having reported marginal growth in May 2020 on a m-o-m basis. Compared with June 2019, coal production was lower by 16.2%. Higher inventory of coal and lower offtake by end-user industries resulted in the fall in coal production.

State-owned Coal India Ltd (CIL) on Friday said it logged a 21.5 per cent growth in coal allocation at 19.76 million tonnes (MT) under the four e-auction windows during the April-June quarter. In the corresponding quarter a year ago, the fuel allocation by the PSU under all the four windows of e-auction was 16.26 MT, […]

State-owned Coal India Ltd (CIL) on Monday said it has clocked a 17 per cent growth in composite opencast production in July over the same month a year ago. Further, the company is expecting the production to rise post monsoon in view of the positive growth trend in the Over Burden Removal (OBR).

The Centre on Monday clarified that any foreign direct investment (FDI) in commercial coal mining from an entity of a country that shares land border with India will be allowed only after government approval. “This is with reference to the ongoing auction process of coal mines for commercial coal mining…It is further clarified that any […]

Coal output by state-run miner Coal India (CIL), which produces about 83% of the fuel in the country, fell 3% year-on-year (y-o-y) to 36.4 million tonne (MT) in July, marking an improvement from the production levels recorded in the preceding three months. The 158.4 MT coal output by CIL in the first four months of […]

State-owned CIL’s coal allocation under special forward e-auction for the power sector declined 28.7 per cent to 4.74 million tonnes in the first quarter of the ongoing fiscal, official data showed. Coal India Ltd (CIL) had allocated 6.65 million tonnes (MT) of coal in April-June period of the last fiscal, according to coal ministry data. […]

I was in school when the coal sector was nationalised in 1973. This policy decision led to India becoming the second-largest importer of coal despite having one of the largest coal reserves in the world. It also created a scenario where it would take us another 35 years to complete even the detailed exploration of […]

The CBI has sought from the Jharkhand government sanction to prosecute former chief minister Madhu Koda and ex-mines secretary Jai Shankar Tiwari in connection with the infamous scam related to the allocation of Parbatpur coal block to Electrosteel Castings, officials said on Tuesday. The agency will file its charge sheet against Koda, Tiwari and others […]

Coal India Ltd (CIL) on Friday said it has introduced a new category of spot e-auction for importers only and aimed at replacing 150 million tonne of the fuel sourced from abroad with domestic supply. The coal procured under the “special spot e-auction scheme 2020 for import substitution” will be for use within the country. […]