NEW DELHI: With India’s coal and lignite production crossing 1 billion tonnes for the first time in 2023-24, Prime Minister Narendra Modi on Monday lauded it as a remarkable feat and a historic milestone. India’s total coal and lignite output stood at 937 million tonnes (MT) in the 2022-23 fiscal, according to official figures.
Category: Coal
Coal imports see modest rise of 1.65% during Apr-Jan period
NEW DELHI: The country’s coal imports witnessed a modest rise of 1.65% during April-January period of current financial year (FY24) as against the same period in the previous year (FY23), according to data compiled by Mjunction Services Ltd, a B2B e-commerce platform. Total imports reached 212.24 million tonne (MT) in FY24. The data also showed […]
Coal stocks at comfortable level to meet peak summer demand, says official
NEW DELHI: The country’s coal stocks are at comfortable levels to meet the demand during the peak summer season, said a senior official from the coal ministry. The official highlighted that the current stock at 143.59 MT (million tonne) as of March 16, 2024, is significantly higher than the 109.24 MT recorded last year for […]
Lack of coal infra delays new TN power plant ops
CHENNAI: The North Chennai Super Critical Thermal Power Station (NCTPS stage III), inaugurated last Thursday, is unlikely to commence its commercial operation within the stipulated timeline due to a variety of constraints. Tangedco output reports indicate that, despite its 800 MW capacity, the state-owned plant has not generated more than 130 MW since the launch, […]
Protest over jobs paralyses four coal mines in Odisha’s Talcher
ANGUL : Demanding jobs in lieu of their land, villagers of Joragadia paralysed operations in four coal mines at Talcher on Thursday. The agitators also locked the general manager offices of Jagannath and Bharatpur protesting the delay in provision of jobs. The mines affected by the protest are Bhubaneswari, Anant, Jagannath and Bharatpur. Official sources […]
Tangedco to import 6.5L MT coal from Malaysia to tackle summer
CHENNAI: In a bid to meet the summer demand, Tangedco is planning to import 6.5 lakh metric tonnes of coal from Malaysia in March and April. The power utility is likely to receive 1.40 lakh MT of coal in the first week of March. A senior official told TNIE Tangedco, with its thermal stations having […]
Mahanadi Coalfields Ltd must keep people’s interest first: Union Minister Pradhan
ANGUL: Mahanadi Coalfields Limited, as a public sector undertaking, must keep people’s interest in mind while opening new mining projects like the one in Chhendipada, said Union Minister of Education and Skill Development Dharmendra Pradhan. Addressing a public meeting at Chhendipada on Monday after laying the foundation stone of a permanent campus of Kendriya Vidyalaya […]
Centre’s new coal gasification subsidy could be a game changer – report
The Indian government’s ambitious Rs 8,500 crore capital subsidy scheme could be a game-changer in India’s efforts to convert coal into more valuable chemicals such as hydrogen and methane, ratings agency ICRA said. The scheme, announced a month ago, could help India reduce dependence of imported natural gas for producing hydrogen, and downstream chemicals such […]
Japan commits Rs 12,800 crore for nine projects in India
NEW DELHI: The Japanese government has committed a loan of 232.209 billion yen (nearly Rs 12,800 crore) for nine projects related to various sectors in India, finance ministry on Tuesday said. The package includes project for promoting start-up and innovation in Telangana, project for construction of Chennai peripheral ring road, North East road network connectivity, […]
Coal miners abducted from Assam-Arunachal border
GUWHATI: At least three coal miners were abducted from a place close to the Assam-Arunachal Pradesh border early Sunday morning. It was not clear if the persons were abducted from Assam or Arunachal. The authorities in Assam said the incident occurred in Arunachal. However, the authorities in Arunachal said the persons were abducted from Assam. […]
Coal India net profit rises 17% to Rs 9,069 cr in Q3
NEW DELHI: Coal India on Monday reported a 16.9% rise in consolidated net profit to Rs 9,069.19 crore for the third quarter of the current financial year on the back of higher sales. Consolidated net profit stood at Rs 7,755.55 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing. In […]
Rahul Gandhi hears out coal mine workers
RANCHI: Congress MP Rahul Gandhi met unorganised coal mine workers in Dhanbad and heard their grievances on Sunday, the third day of his Bharat Jodo Nyay Yatra in Jharkhand. Speaking to the workers, Rahul said that in this journey of justice, he has to take everyone along and ensure all economic and social progress till […]