Category: Coal

Amid low demand of coal in the current economic environment, potential investors have requested the Union government to delay the commercial coal auctions by three months. In letters sent to the Union coal ministry regarding the upcoming auction, industry players have pointed that more time is needed for “identifying reliable coal customer to purchase coal” […]

Thermal coal imports at India’s 12 major ports dropped 34.70 per cent to 17.71 million tonnes (MT) in the the first quarter of the current fiscal, according to the Indian Ports’ Association (IPA). Impacted by the COVID-19 pandemic, coking coal imports too witnessed a decline 28.49 per cent to 10.69 MT in the quarter.

The Supreme Court on Monday refused to interfere for now with the Centre’ s decision to auction Jharkhand coal blocks for commercial mining. It posted the matter for further hearing next week after senior counsel AM Singhvi, appearing for the Jharkhand government, informed the Bench that the state government has also filed a petition and […]

The auction process of commercial coal mining witnessed a “very good start” and the response has been the best in domestic coal history, Coal Minister Pralhad Joshi has said. A total of 1,140 entities, including international players, participated in the technical session after the launch of sale of blocks, and 26 companies bought tender documents […]

The Rashtriya Swayamsevak Sangh affiliate Bharatiya Mazdoor Sangh has sided with the Congress and Left to oppose the government’s decision to protest the decision of the government to start commercial coal mining. The BMS said it will join the call for a three-day strike in coal mines across the country. Today is the second day […]

Coal India trade unions have begun a three-day strike beginning Thursday as they protest against the government’s decision to allow commercial coal mining in the country. The three-day long halt in operations is likely to hit around four million tonnes of production, PTI reported. The strike has been effective since the first shift which begins […]

Coal India trade unions will go ahead with the proposed three-day strike from Thursday as talks with the government over opening of the sector to private players have failed, a union leader said on Wednesday. A virtual meeting was held between Coal Minister Pralhad Joshi and representatives of trade unions on Wednesday, Nathulal Pandey, president […]

Coal India trade unions will go ahead with the proposed three-day strike from Thursday as talks with the government over opening of the sector to private players have failed, a union leader said on Wednesday. A virtual meeting was held between Coal Minister Pralhad Joshi and representatives of trade unions on Wednesday, Nathulal Pandey, president […]

Responding to Maharashtra’s objection, the Centre has decided not to put up the Bander mine for commercial coal auctions. “We are withdrawing the Bander mine in Maharashtra, which comes in an eco-sensitive zone,” Union coal minister Pralhad Joshi told FE. Also, the government is considering to replace four mines with 20 million tonne per annum […]

Coal India reported flat sales (164 mn tons) for Q4FY20 to end the year with a 4.3% y-o-y decline in dispatch volumes at 582 mn tons resulting in net income declining 4.4% y-o-y to Rs 167 bn in FY2020. A 15% decline in e-auction revenues as well as lower overall coal demand on account of […]

We have come a long way as far as the policy framework concerning coal mining is concerned. From a concession model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific end-use to permitting commercial sale of coal. This evolution is with a view to: ensure […]

After zeroing in on 35 projects to create first-mile connectivity (FMC) for transporting coal, Coal India (CIL) has identified 14 additional projects under its FMC initiative, facilitating mechanised loading and transporting of more than 506 million tonne (mt) per annum. CIL at present does mechanised handling of 151 mtpa; this will witness a more than […]