Category: Coal

Seeking relief from double taxation, industry body Association of Power Producers (APP) has urged the Central government to remove Goods and Services (GST) on import freight for coal used by fuel-starved electricity generating firms. “We understand that several importers have challenged this levy of GST on ocean freight in various courts on the ground that […]

NEW DELHI: State-owned coal mining company Singareni Collieries Company Ltd (SCCL) seems to be secretly scripting a success story at a time when state public sector enterprises have almost become synonymous with losses, bloated workforces and a casual attitude to productivity. Over the past five years, the company has doubled its sales by 116.5 per […]

State-owned Coal India (CIL) allocated 27.14 million tonne (MT) coal to the power sector under special forward e-auction mechanism in 2018-19 fiscal, registering a decline of 6 per cent from the previous year. According to the latest monthly report prepared by the coal ministry for the Cabinet, CIL allocated 28.93 MT of the dry fuel […]

NEW DELHI: The Central government’s plan to completely rely on Coal India (CIL) for domestic needs and have zero imports seems to have toppled, with coal imports soaring 8.8 per cent to 233.56 million tonnes (MT) in 2018-19 amid domestic transport woes and rising power demands. In 2017-18, coal imports were at 214.61 MT, according […]

NEW DELHI: The Australian government has granted clearance for Adani Group’s controversial groundwater management plan for its coal mine project at Queensland in that country. “CSIRO and Geoscience Australia have independently assessed the groundwater management plan for the Carmichael Coal Mine and Rail Infrastructure project. Both CSIRO and Geoscience Australia have confirmed the revised plan […]

PEDDAPALLI: The votes of Singareni Collieries Company Limited (SCCL) and Allied Industries workers will mostly likely be the game changers at Peddapalli Parliamentary constituency. In the 2014 Parliamentary polls, TRS’ Balka Suman won the seat with a majority of 2,91,162 votes. In the recent Assembly polls, TRS won all segments in the constituency except Mathani […]

NEW DELHI: Congress leader and industrialist Naveen Jindal, an accused in two coal scam cases, was Wednesday granted exemption from personal appearance till June 30 by a Delhi court on the ground that he will contest the Lok Sabha elections. Special Judge Bharat Parashar passed the order on an application moved by the accused, who […]

BHUBANESWAR: Chief Minister Naveen Patnaik on Sunday reiterated the demand for revision of rate of royalty on coal and hinted that Central apathy is likely to be a campaign issue for the ruling BJD in the upcoming General Elections, the dates of which were also announced on the day. “It is once again requested that […]

NEW DELHI: Months of coal deficit seems to have finally come to an end with only four out of 125 plants running with critical stocks. “As a result of record performance, number of coal plants with critical stock is only 4 out of 125 (as on 20th February, 2019) compared to two-third coal plants with […]

ANGUL: Residents of two villages near Talcher coalfields are at loggerheads for the last three days over loading of cargo on trucks. The situation has led to shutdown of Balaram coal mine.Sources said, residents ofDanara and Soloda clashed over loading of cargo on trucks on Sunday. The incident occured when a weigh bridge was being […]

ANGUL: Residents of two villages near Talcher coalfields are at loggerheads for the last three days over loading of cargo on trucks. The situation has led to shutdown of Balaram coal mine.Sources said, residents ofDanara and Soloda clashed over loading of cargo on trucks on Sunday. The incident occured when a weigh bridge was being […]

NEW DELHI: State-owned CIL will raise about Rs 1,065 crore by selling shares to its subsidiaries MCL, SECL and NCL, according to a filing.