KOLKATA: A “typographical error” by the Enforcement Directorate (ED) in a high-profile money laundering case linked to coal pilferage dragged chief minister Mamata Banerjee’s nephew Abhishek Banerjee’s sister-in-law in front of the central agency’s office on Sunday midnight.
Category: Coal
Power plants have nearly 30 MT coal stocks: Coal India
NEW DELHI: Dispelling fears of shortages of coal during the monsoon, Coal India (CIL) said stock currently available with the power plants is close to 30 million tonnes (MTs), including imported coal. This is substantially higher than 12.8 MTs of coal stock in August 2021, when the stock plummeted by 11.2 MTs in a month.
GMR to divest 30% equity stake in Indonesian coal mine company
GMR Coal Resources (GCRPL), a step-down subsidiary of GMR Power and Urban Infra Limited, on Wednesday said it has entered into definitive agreements to divest 30% equity stake it holds in PT Golden Energy Mines Tbk (PT GEMS) to PT Radhika Jananta Raya for $420 million and also a deferred consideration. PT GEMS is an […]
Coal India Limited has not raised coal prices in last 4 years: Chairman
NEW DELHI: Coal India (CIL) Chairman Pramod Agrawal on Tuesday said Coal India has not raised prices of coal in the last four years to ensure its supply at competitive prices to consumers compared to the international market.
CIL has not raised prices in 4 years, Coal India chairman says at AGM
KOLKATA: Coal India Ltd on Tuesday said the miner has not raised prices of the dry fuel in the last four years to ensure its supply at competitive prices to consumers compared to the international market.
Odisha prepares wildlife management plan for new coal blocks
BHUBANESWAR: The State government on Saturday directed the Wildlife wing of the Forest and Environment department to prepare a comprehensive wildlife management plan for newly allotted coal blocks. Chief Secretary Suresh Chandra Mahapatra gave this direction during a review on the status of forest clearance and wildlife management in newly allotted coal block areas of […]
Coal stock at power plants sufficient for 11 days: Power minister R K Singh
NEW DELHI: The government on Thursday said the coal stock available at the thermal power plants (TPPs) was sufficient to run them for 11 days. Power minister R K Singh, in a written reply to Lok Sabha, said coal stock available with these plants, monitored on a daily basis by CEA (Central Electricity Authority), was […]
Centre annuls condition for states to import coal
CHANDIGARH: The Centre has withdrawn the mandatory condition to import coal from abroad for 10% blending in thermal power plants of the country, allowing states and UTs to decide their own blending percentages.
Coal scam case: Former secretary HC Gupta, 2 others convicted
NEW DELHI: Former coal secretary HC Gupta and former joint secretary in the coal ministry KS Kropha were convicted on Friday for criminal conspiracy, cheating and corruption in a coal scam case. Special judge Arun Bhardwaj also convicted Grace Industries Ltd (GIL) and its director Mukesh Gupta for criminal conspiracy and cheating.
Coal industry urges government to do away with compulsory 10% import order
NEW DELHI: As coal minister Pralhad Joshi claimed there was no shortage of coal in the county, industry experts on Tuesday requested the government not to coerce state power generators or independent power producers (IPPs) to import 10% coal for blending purposes on inflated rates.
Yellandu mine auctioned, allotted to private player
HYDERABAD: The worst fears of employees of 100-year-old Singareni Collieries Company Limited (SCCL) have come true as a coal mine was recently auctioned and awarded to a private player for the first time. According to the SCCL employees, the Koyagudem coal block in Yellandu was allotted to a private player for a period of 10 […]
China speeding up approvals for new coal plants despite vowing to decrease usage from 2026
BEIJING: China has ramped up approvals for new coal power plants this year, Greenpeace said Wednesday, with authorities trying to lower the risk of economically painful electricity shortages. China is the world’s biggest emitter of greenhouse gases driving global warming, and President Xi Jinping last year vowed to phase down coal use from 2026 as […]