Category: Coal

The Coal India board has taken two decisions aimed at boosting coal offtake of the non-regulated sector comprising steel, sponge iron, cement, captive power producers and independent power producers. Coal offtake of the non-regulated sector was 73 million tonnes in 2018-19 under the fuel supply agreement of 12 per cent of the total offtake of […]

A National Green Tribunal-constituted panel has suggested that the Meghalaya government put in place a coal mine surveillance system (CMSS) and develop a standard operating procedure to ensure effective follow up action in case any illegal mining or dumping of coal is detected. In its fourth report to the tribunal, the panel, headed by Justice […]

The Krishak Mukti Sangram Samiti (KMSS) on Wednesday accused the state government of being involved in the alleged coal syndicate and demanded a CBI inquiry. “Police officers and cabinet ministers are helping those involved with coal syndicates. The BJP-government came to power by promising zero-tolerance against corruption but after coming to power, its leaders are […]

Coal India plans to bring 65 per cent of its production under mechanised transportation by 2023-24, with piped conveyor belts replacing existing road transportation at its large mines. The move, according to the miner, will help to load coal faster, reduce air pollution and, more importantly, prevent pilferage and maintain quality. Coal India aims to […]

Allowing an appeal of Jindal Steel and Power, the National Company Law Appellate Tribunal (NCLAT) has held Arun Kumar Jagatramka, the former promoter of Gujarat NRE Coke, not eligible to negotiate with the creditors of the company. A two-member bench of NCLAT, headed by Chairman Justice S.J. Mukhopadhaya, said Jagatramka, who was ineligible to be […]

Fresh trouble is brewing over land for a mega coalmine project at Loba in Birbhum as the Damodar Valley Corporation (DVC) has proposed a price of Rs 14 lakh per acre to purchase 3,600 acres, an offer unacceptable to land-losers who say the rate is less a third of the market price in the area. […]

The one-day strike on Tuesday by coal workers against FDI in the sector has led to an estimated loss of 1 million tonnes (mt) in production as the Centre looks to initiate talks with the unions to normalise the situation by Wednesday. The strike has affected production across the subsidiaries of Coal India and Singareni […]

Public sector miners Coal India and Singareni Collieries will dominate domestic coal production in the next 4-5 years, with commercial players likely to hold around 5-7 per cent share. The government last month permitted 100 per cent FDI in coal mining. The government has earmarked nine blocks to state-owned corporations in Chhattisgarh, Jharkhand, Maharashtra and […]

Quick regulatory approvals will be the key to attract foreign investment in coal mining. Even an established operator such as Coal India, which produces over 80 per cent of the country’s coal, had suffered huge delays because of the time consuming processes associated with land acquisition, compensation to land losers and environment and forest clearances. […]

More than 33 lakh tonnes of coal have been exported from Meghalaya to Bangladesh since the ban on rat-hole coal mining was imposed by the National Green Tribunal (NGT) in April 2014. According to information provided by the customs department to a committee constituted by the tribunal, 33,23,073 tonnes of coal in 539,134 truckloads have […]

As many as 94 hard coke factories here are reeling under an acute coal crisis for the last one month because of Coal India’s decision to supply through e-auction only. Till June this year, Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, used to supply coal to factories at a notified price under […]

Coal India plans to spend Rs 700 crore to purchase its own wagons to despatch fuel for the power sector. The board of the public sector miner has given its approval to procure 40 rakes under the General Purpose Wagon Investment Scheme of the Indian Railways. One rake comprises 59 wagons and a rake is […]