A strike by contract labourers demanding a “longstanding” increase in their wages has stalled loading of coal onto ships at Haldia port since July 1. While leaders of a Trinamul Congress-backed trade union are insisting that the strike is wage-based, port sources claimed the impasse was created deliberately by the ruling party to thwart the […]
Category: Coal
Skill training for Meghalaya mining ban-hit
More than 100 people in Meghalaya’s East and West Jaiñtia Hills districts have come forward to register themselves for skill training programmes, to help them overcome the disastrous impact on the economy following the coal mining ban in 2014. Over five years after the ban was imposed by the National Green Tribunal and after continuous […]
Coal PSU told to cut down pollution by 20%
The state pollution board has asked Bharat Coking Coal (BCCL) to work out a detailed and comprehensive action plan to bring down air pollution levels of Dhanbad, the ninth most polluted town of the country, by at least 20 per cent over the next two years. At a meeting held at Nepal House in Ranchi […]
Coal India net spurts 148%
Better average realisation and lower expenses have helped Coal India to post a 148 per cent growth in net profit in 2018-19. Net profit during the year was Rs 17,462.18 crore compared with Rs 7,038.44 crore in the previous year. Revenue from operations during the year was Rs 99,546.86 crore compared with Rs 86,650.37 crore […]
Control rooms for mine safety
Bharat Coking Coal Limited (BCCL) has set up control rooms in all its 12 mining areas in Dhanbad to keep a close watch on 45 collieries and take emergency action in case of inundation and power failure triggered by cyclone Fani. The Coal India subsidiary has also established a central control room at its headquarters […]
Meghalaya government favours coal mining regulations
The Meghalaya government has maintained in the Supreme Court that it is in favour of regulating coal mining activities in the state. The state government said this in the apex court during a hearing on a petition filed by one Lber Laloo who wanted the ban on coal mining, imposed by the National Green Tribunal […]
Supreme Court rejects Meghalaya coal transportation pleas
The Supreme Court on Monday rejected pleas to allow transportation of coal by trucks in transit prior to an order which halted it. The Assembly was informed that more than 1,000 cases of illegal coal mining were registered since 2014 across Meghalaya. Last year, the apex court had allowed transportation of extracted and assessed coal […]
Adani in Aussie offensive
The chief executive of the Adani group’s mining arm in Australia has suggested his company could seek a sizeable compensation in case the government there cancels its lease on a $16.5-billion coal mining project in Queensland’s Carmichael. Adani Australia Mining chief executive Lucas Dow made the suggestion before a parliamentary committee reviewing a bill demanding […]
Coal India Q3 net profit up 50%
Coal India has posted a 50 per cent rise in net profit in the October-December quarter of 2018-19. Better realisations from the sale of coal both through auction and fuel supply agreements have propelled the earnings of the public sector miner. The consolidated net profit of the public sector miner for the quarter was Rs […]
Meghalaya coal ban hits Barak Valley tea production
The irregular supply of coal from Meghalaya to south Assam’s Barak Valley has hampered production in tea gardens.
Coal India board call on buyback
The board of directors of Coal India is set to meet on Monday to consider and approve a share buyback.