Category: Coal

One of the world’s newest, most contested coal-burning power plants began operation in December. By January, it had ground to a halt for a month. Again, in April, it sat idle for 23 days. The reason: It didn’t have coal to burn. That meant it couldn’t produce any electricity nor make money to recoup the […]

The response to the commercial coal mining from private sector players has been very encouraging so far and the sector is likely to contribute about 20-25 per cent to the overall domestic coal production by 2030, Coal Secretary Amrit Lal Meena said. The government opened up the commercial coal mining for private entities in 2020. […]

India will press for a “just energy transition” at the G-20 parleys, a top government official said on Monday, pointing out that 50 lakh people are directly dependent on coal mining. The country, which is keen to up its pace of development to take care of an increasingly aspirational population, has chosen a path of […]

THE ENFORCEMENT Directorate (ED) has attached 90 immovable properties, vehicles, jewellery and cash worth around Rs 51.4 crore belonging to an IAS officer, two MLAs and three other persons in connection with “illegal” levy on coal transportation in Chhattisgarh. “We have attached 90 immovable properties, luxurious vehicles, jewellery and cash worth Rs 51.40 crore belonging […]

India’s coal imports increased by 30 per cent to 162.46 million tonnes in the 2022-23 financial year against 124.99 MT in the year-ago period, according to a report. The import of coking coal rose 5.44 per cent to 54.46 MT over 51.65 MT in FY22, mjunction said in its latest report. In March alone, the […]

Shares of Coal India Ltd fell by over 3 per cent in morning trade on Monday after the company reported a 17.7 per cent drop in its March quarter net profit. The stock declined 3 per cent to Rs 230 on the BSE. At the NSE, it fell by 3.11 per cent to Rs 230. […]

Deep underground in southeastern Ukraine, miners work around the clock extracting coal to power the country’s war effort and to provide civilians with light and heat. Coal is central to meeting Ukraine’s energy needs following the Russia’s military’s 6-month campaign to destroy power stations and other infrastructure, the chief engineer of a mining company in […]

Coal India Ltd said on Friday it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended in March 2006. The world’s largest coal mining company will likely end the fiscal year ending on Friday with an output of 703.4 million […]

Due to a slowdown in mining sector, it is likely that coal prices may get revised, Coal India Limited (CIL) chairman Pramod Agarwal said on Monday at 16th Indian Coal Markets Conference in Kolkata. “There is a strong case for increasing coal prices, as that has not happened in the last five-odd years. This year, […]

Coal India Chairman Pramod Agrawal on Monday said there is a “strong case” for increasing coal prices, and the hike could be effected “very soon” as discussions are underway with stakeholders. Agrawal also said he is confident the mining behemoth will achieve its production target of 1 billion tonnes by 2025-26. “There is a strong […]

Australian High Commissioner Barry O’Farrell on Monday said the Adani Group has successful businesses and continues to be the largest investor from India in Australia. Interacting with reporters here, O’Farrell said the impact of the Hindenburg report on the Adani Group is a matter for India’s regulators and that there have been no reports about […]

The Coal Ministry Friday announced that the government has fixed a target of 1.31 billion tonnes (BT) of coal production for FY 2024-25, adding that the same will go up to 1.5 BT by FY30. This comes as India’s domestic coal production has increased by over 16 per cent in the current financial year as […]