Category: Coal

NEW DELHI: The Supreme Court on Tuesday sought to know from CBI and ED the status of investigation and trial in the coal block allocation scam cases probed by the two agencies. The court said it would take a practical view on repatriation of officers, involved in the investigation of coal scam cases, to their […]

BHUBANESWAR: Talcher Fertilisers Ltd (TFL) on Tuesday awarded a lump sum turn key (LSTK) contract to Wuhuan Engineering of China, for implementing its coal gasification unit for production of ammonia and urea. The `13,277 crore project of Fertilizer Corporation of India Ltd (FCIL) at Talcher in Angul district is promoted by Rashtriya Chemicals and Fertilizers […]

ANGUL: Coal shortage has hit production at Talcher Thermal Power Station (TTPS), a unit of NTPC. Power generation at the station has reduced to 270 MW against its normal of 460 MW per day. A TTPS official said two units (4 and 5) of the station have been shut down. While unit 4 was closed […]

BHUBANESWAR: Even after one and half years of Chief Minister Naveen Patnaik writing to the Centre questioning its decision to allocate four coal blocks of the State to Western Coalfields Limited (WCL), the Ministry of Coal is yet to take a call on the issue.“The Coal Ministry is in no mood to reconsider its decision. […]

NEW DELHI: India’s coal-fired energy sector is facing increasing pressure due to generator over-capacity, water shortages and the rise of low-cost renewables, a report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA) and the Applied Economics Clinic (AEC) said on Wednesday. The report — ‘Risks Growing for India’s Coal Sector’ — provides […]

THE government has accepted NTPC’s request to surrender the Kudanali-Luburi coal block located at Odisha, which was allotted to it jointly with Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC) in July 2013. The mine was allotted to NTPC for developing the 1,320 MW Bilhaur thermal power plant at Uttar Pradesh, which is now […]

With delays in 54 mining projects weighing down the performance of state-run coal mining company Coal India, the miner’s production has fallen by 5.1 per cent and despatches by 2.9 per cent in July 2019 against the corresponding period of the last year. According to sources, coal minister Pralhad Joshi is expected to conduct a […]

INDIA’s largest coal producer Coal India limited is confident that the demand for coal will not disappear in the near term, with the company’s chairman Anil Kumar Jha on Wednesday saying that even though renewable power is gaining favour, they are unlikely to surpass coal as the major source for power generation in the near […]

The Comptroller and Auditor General (CAG) has hauled up state-run aluminium maker National Aluminium Company Limited (NALCO) for its sub-optimal operations and inordinate delays in developing coal mines allotted to it by the government, which had consequently resulted in a loss of earnings. In its report tabled in the Parliament on Wednesday, the CAG stated […]

NEW DELHI: The Budget allocation for the coal ministry has registered a jump of 48.2 per cent to Rs 1,159.05 crore in 2019-20 from Rs 781.85 crore in 2018-19. The increase has been over the revised estimates of the 2018-19 budget, according to Budget documents. While the expenditure was at Rs 770.91 crore for 2018-19, […]

State-run National Mineral Development Corporation (NMDC), which reported a record net profit this year, is looking to acquire a coking coal mine in Zimbabwe and take-over the entire shareholding of Australia’s Legacy Iron Ore where it already has a controlling shareholding. “We are planning to acquire the remaining stake in Legacy and may delist the […]

State-owned power giant NTPC is aiming to produce 10.4 million tonnes of coal to strengthen fuel supply to power plants, and spend Rs 20,000 crore on capital expenditure in the current financial year. It also aims to produce 310 billion units (BU) of electricity. In a statement, the company said it has inked a memorandum […]