The coal ministry’s standing committee on linkage has approved fresh fuel supply to upcoming power generation units in Tamil Nadu having capacity of 2,400 MW. The two under-construction power plants — North Chennai Thermal Power Station Stage-III (800 MW) and Uppur Super Critical Thermal Power Project (1,600 MW) — had sought domestic coal linkages under […]
Category: Coal
CIL to spend Rs 700 crore for procuring 40 rakes to carry coal to power plants
For the first time, Coal India Limited (CIL) has decided to procure rail wagons under General Purpose Wagon Investment Scheme at an estimated cost of Rs 700 crore to transport more coal to power plants. The CIL-owned rakes dedicated to transport coal will help us in pushing higher volumes of coal to the power sector, […]
Coal India to acquire railway rakes for Rs 700 crore to boost supplies
State-owned Coal India Limited (CIL) has decided to purchase its own rail wagons under the General Purpose Wagon Investment Scheme (GPWIS), a scheme which the railways announced last year in view of boosting up logistics support for general cargo. Earlier, there were schemes for owning tankers and container wagons to carry special goods like petroleum, […]
Coal India steps up supplies to non-power sector; smaller consumers face inventory hurdle
The non-power sector, which has been long starving for coal, has started witnessing increase in supplies from April 1, following comfortable stock situation in the power plants. The increased flow of the fuel has become a boon for many, a section of non-power consumers has been struggling to manage inventory. Since April 1 this year, […]
Coal India output flat un Q1 on stocked up power units
Coal India Ltd (CIL) has produced 137 MT of the fuel in Q1 FY20, inching up only 0.1% year-on-year (y-o-y). The miner supplied 119.6 MT of the fuel to power plants in the quarter, which is 3.2% lower than corresponding quarter the previous fiscal. At the end of Q1, power plants across the country had […]
Niti Aayog panel for a greater role of private sector in coal mining
With coal imports rising amid the widening gap between the production and consumption of the fuel, a high-level committee set up by the Niti Aayog is likely to suggest that all future auctions of coal blocks must be for commercial mining. The draft report, reviewed by FE, argues against any more captive coal mines and […]
Captive coal production inches up 2.3% in April-May
Coal production from captive mines in the first two months of the ongoing fiscal have increased by 2.3% year-on-year to 4.12 million tonnes (MT) from the corresponding period in FY19. However, as many as 13 of the 29 allocated blocks remain stranded due to local agitations, lack of clearances from the appropriate authorities, inadequate transportation […]
Coal India’s flat Q1 growth puts stiffer tagets of management a far cry from reality
State-owned Coal India Ltd (CIL) reported a near flat growth in production during the April-June quarter (Q1) this fiscal, although the top management was in favour of keeping a stiffer target despite the muted growth. The company reported a 0.1% growth in production to 136.96 million tonne (MT) in Q1, against 136.85 MT in the […]
Supreme Court asks Meghalaya to deposit Rs 100 crore fine for illegal coal mining
The Supreme Court Wednesday directed the Meghalaya government to deposit the Rs 100 crore fine imposed on it by the NGT for failing to curb illegal coal mining with the Central Pollution Control Board (CPCB). A bench of justices Ashok Bhushan and K M Joseph directed the state administration to hand over the illegally extracted […]
Coal scam: Jindal Steel and Power refutes charges, says done “no wrong”
As a Delhi court ordered framing of criminal conspiracy and cheating charges against JSPL Chairman Naveen Jindal in a case pertaining to coal block allocation, the company Tuesday denied the allegations and reiterated that it has done “no wrong”. The company’s statement followed the special court’s direction to frame charges against Jindal and four others […]
Captive coal mines: Non-compliant firms forced to pay Rs 833-crore fine
The government has deducted Rs 832.53 crore from the performance security of the captive coal mine-owning companies which did not meet efficiency parameters. “So far, 134 show-cause notices have been issued for deviations from the scheduled time lines stipulated in coal mine development and production agreement/allotment agreements,” coal minister Prahlad Joshi said in a response […]
No takers for coal-bed methane blocks under open acreage licensing policy
While the ministry of petroleum and natural gas has recommended to the empowered committee of secretaries (ECS) names of top bidders for 32 hydrocarbon blocks under Open Acreage Licensing Policy (OALP) rounds II and III, there seems to be no takers for coal-bed methane blocks. There were eight onland, five shallow water and one ultra-deepwater […]