Category: Coal

Coal India is not flustered by the opening up of the sector for commercial mining as it feels it will remain a major player in the mining sector because of its significant resource base. “Commercial coal mining is not going to adversely impact production and profitability of the company. Uniform quality of coal, cost efficiency […]

Chief minister Hemant Soren said that his government had no option but to move Supreme Court challenging the Centre’s decision to auction 20 coal blocks for commercial mining, emphasising that the move held little benefit for a state which has had bitter experiences with mining in the past. “I had written to the Prime Minister […]

Coal India has decided to engage mine developers cum operators (MDO) to unlock 168 million tonnes of coal every year from a total of 15 greenfield projects of which 12 are opencast and three are underground. The projects are spread across subsidiaries with Mahanadi, South Eastern Coalfields and Central Coalfields stated to form major segments […]

Coal India wants the railways to charge lower transportation rates so that it can pass on the benefits to its buyers in terms of lower price which will increase offtake which have slumped 24 per cent in the first two months of the fiscal. The miner will urge the government to consider lowering or discounting […]

The Assam government on Saturday said no approval has been given for mining at Dehing Patkai forest under Tinsukia-Dibrugarh districts but accepted illegal mining taking between 2003 and 2019 at the site for which 24 senior forest officials are facing “departmental proceedings”. The Congress was in power from 2001 to 2016. The BJP-led government replaced […]

Supply by Coal India and Singareni Collieries to the power sector dipped in April amid a slump in fuel demand in the country on account of the lockdown. Coal India despatched 31.95 million tonnes (mt) of coal to the power sector in April, 21.9 per cent lower than 4.90mt supplied in the same period a […]

Trade unions have upped the ante against the Centre’s decision to privatise the coal sector. On Monday, members of Kujama colliery unit of Bihar Colliery Kamgar Union (BCKU), an affiliate of Central Industrial Trade Union (Citu), held a demonstration and burnt the effigy of Union finance minister Nirmala Sitharaman and the central government. As many […]

Trade union leaders have vehemently opposed finance minister Nirmala Sitharaman’s announcement of allowing private firms to enter the coal sector. The general secretary of Rashtriya Colliery Mazdoor Sangh, A.K. Jha, said: “This is the biggest blow to lakhs of workers in the coal sector because with the entry of private players, exploitation of workers increases […]

Ateam of officials from Bharat Coking Coal Limited (BCCL) inspects the underground fire-hit Bhuian Basti in Rajapur Colliery area of Jharia, Dhanbad, on Monday where cracks have developed on the ground as well as some houses. Earlier, a group of BCCL officials, led by manager of Kuian Colliery Sanjeev Kashyap, held a meeting with residents […]

Coal India subsidiary — South Eastern Coalfields Limited (SECL) — has received a credit support of Rs 3,976 crore from a consortium of banks, led by State Bank of India, to facilitate evacuation of coal by rail. A loan agreement has been signed between Chhattisgarh East West Rail Ltd (CEWRL) — a joint venture SECL […]

Coal major Bharat Coking Coal Limited (BCCL) is staring at a storage problem as coal sale has reduced during the nationwide lockdown. The gravity of the problem can be assumed from the fact that the coal stocks of around 45 active mines of the BCCL have touched 29.5 lakh tonnes. The BCCL’s total storage capacity […]

With the lockdown extended till May 3, the worries of over 100 hard coke factories have increased. Facing financial losses with zero production coupled with wage cost, hard coke factory owners have decided to approach the state and central governments to revive their units when lockdown ends. Hard coke factories under the banner of Industries […]