Category: Coal

A youth organisation, Samadhan, has launched mental counselling through teleconferencing at a time when anxiety and stress levels of people are higher because of concerns over job and future prospects that have taken a beating due to the lockdown for the novel coronavirus pandemic. “Though counselling at individual levels was on for more than a […]

Daily wage earners, who used to load coal produced by Bharat Coking Coal Limited (BCCL) on to trucks, have been rendered jobless after the company cut down production by 50 per cent following the drop in demand after lockdown. At present, the company is transporting coal only by rail. Over 5,000 labourers work at different […]

Coal India has extended the deadline on coal payments by consumers by two more weeks till April 21, 2020. The public sector miner had earlier given an extension till April 7. “This is a difficult period. The aim is to ease the stress of the consumers,” said a Coal India official. Coal offtake for the […]

Coal India’s production in the ongoing fiscal is likely to fall short of the target even as the public sector miner has stepped up production to mitigate the challenges of excessive rain and low demand. The public sector miner has produced 517.78 million tonnes (mt) of coal in the first 11 months of 2019-20. It […]

Coal India has sought relaxation from state governments in the movement of essential materials necessary to mine coal amid the countrywide lockdown. Materials necessary for mining include explosives, spares, tyres, machine parts and other services. According to the miner, these are being procured on a war footing to keep the pace of production. The request […]

Coal India hopes to clear its supply backlog to some sectors by March, with power plants stocked adequately with the fuel. The public sector miner in 2017-18 and 2018-19 had diverted coal from the non-regulated sectors such as aluminium, iron and steel and cement to meet the demand of the power plants, creating a backlog. […]

The government has set a minimum 4 per cent revenue share as the floor price for the commercial coal mining auction process. The first round of the auction will be held in the current fiscal. A company or a joint venture company incorporated in India is eligible to participate in commercial coal auctions, according to […]

Two Coal India subsidiaries critical to the production of the public sector miner has seen double-digit growth in December, recovering from the earlier slump caused by the monsoon and shutdowns. South Eastern Coalfields Ltd produced 13.93 million tonnes (mt) in December, a growth of 11.3 per cent over the corresponding month of the previous year. […]

Bharat Coking Coal Ltd (BCCL), under glare from the state pollution watchdog for contributing to the worsening air quality in Dhanbad, is planning to procure 14 sprinklers and three dust-sweeping machines before March. The company will also set up a continuous ambient air quality monitoring station at Jagjivan Nagar colony within the same time frame. […]

Prime Minister Narendra Modi’s office has proposed waiving tax on coal to help finance pollution-curbing equipment, according to documents, but the move would also make coal more competitive in price with solar and wind energy. Modi’s office has proposed waiving the carbon tax of Rs 400 per tonne that was levied on the production and […]

Coal India subsidiary Mahanadi Coalfields and state government-owned Odisha Coal and Power Limited has signed a memorandum of understanding whereby the former would be sourcing around 6000 tonnes of coal per day from the captive block allocated to the latter. MCL in turn would sell the coal to its customers. This first-of-its-kind move comes at […]

Coal India on Tuesday said at least 58 power thermal plants in the country have been able to save Rs 3,770 crore annually in coal transportation costs after the implementation of coal linkage rationalisation. The process of rationalisation involved transfer of coal supply linkage from a distant source to the nearer source, thus cutting down […]