BENGALURU: Bearing the brunt of the Hindenburg report, Gautam Adani lost Rs 3,000 crore every week over the last year and he also lost the second-richest Asian title to China’s Zhong Shanshan.
Category: Coal
Dharna by MCL land oustees hits coal transport
ANGUL: Peeved over delay in receiving land compensation and rehabilitation facility, land outsees of Kansamunda village stopped the supply of coal from MCL’s Kaniha open cast mine to NTPC power plant here since Tuesday morning.
Adani group prepays $2.15 billion share-backed loans
NEW DELHI: Adani Group on Sunday said that they have completed full prepayment of margin linked share backed financing aggregating to $ 2.15 billion, well before the committed timeline of 31 March 2023.
India imported 186 MT coal in FY23: Govt data
NEW DELHI: India in February imported about 186.06 million tonne (MT) coal in the current financial year, with Indonesia being the biggest supplier. As per government data, India imported 90.31 MT coal from Indonesia, followed by 35.27 MT from Australia, 15.64 MT from Russia and 13.01 MT from South Africa so far in 2022-23. The […]
SCCL to mine 750 lakh tonnes of coal in 2023-24
HYDERABAD: The Singareni Collieries Company Limited (SCCL) has announced an ambitious target of producing 750 lakh tonnes of coal in the upcoming financial year (2023-24). To achieve this goal, the company’s chairman and MD, N Sridhar, revealed that an additional 134 lakh tonnes of coal would be produced from five new mines.
Five arrested for Paradip port coal theft
PARADIP: Paradip Lock police on Monday arrested five persons for their alleged involvement in coal theft that took place at Paradip port recently. Around 31 tonne of coal, a truck, one loader and a motor bike was further seized from their possession.
Mahanadi Coalfield to set up Rs 12,000 crore power plant in Odisha
NEW DELHI: Mahanadi Coalfield Limited (MCL), a subsidiary of Coal India, is diversifying its businesses by venturing into power generation and aluminum business.
New rail line to boost MCL coal despatch in Odisha
ANGUL: Evacuation of coal from Talcher coalfields received a major boost with the inauguration of the Angul-Balram rail link. The 14-km-long line will enable Mahanadi Coalfields Limited (MCL) to increase the daily despatch of coal to consumers by around 40,000 tonne.
KTR warns Centre against auctioning of coal blocks
HYDERABAD: Expressing disappointment at Union Minister for Coal and Mines Prahlad Joshi’s announcement in the Lok Sabha that the Centre was going to auction coal blocks of Singareni Collieries Company Limited (SCCL), Minister KT Rama Rao on Thursday warned that a massive people’s movement will be launched if the Centre went ahead with its plans.
Climate hypocrisy: UK government approves controversial new coal mine
LONDON: The UK government on Wednesday granted planning permission for a controversial new coal mine in the north of England, the first to be built in decades.
SCCL not being privatised, only coal blocks are to be auctioned: Centre
HYDERABAD: Dismissing talk that the Singareni Collieries Company Limited (SCCL) would be privatised, Union Coal Minister Pra-lhad Joshi on Wednesday said that only four coal blocks would be auctioned and SCCL can also participate in the process.
Congress-ruled Rajasthan, Chhattisgarh in deadlock over coal supply to thermal plants
RAIPUR: Amid the ongoing deadlock between Congress-ruled Rajasthan and Chhattisgarh over the steady coal supply, the Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) has stated the situation in the state was turning precarious