The Union cabinet on Friday approved a proposal to offer a one time, three-month window to central and state-owned enterprises to surrender their idle coal mines without penalty. The PSUs will be able to surrender the mines without forfeiting bank guarantees, the government said. “Delays were due to law and order issues, enhancement in the […]
Category: Coal
European Commission imposes ban on Russian coal, ships
The European Commission proposed on Tuesday new sanctions against Russia over its invasion of Ukraine, including a ban on buying Russian coal and on Russian ships entering EU ports, and said it was working on banning oil imports too. “We all saw the gruesome pictures from Bucha and other areas from which Russian troops have […]
Captive coal output to touch a high
Coal production from captive sources could reach a high of 130 million tonnes in 2022-33 with the government stepping up auction of coal blocks for commercial production. Production from captive mines was 89.57 million tonnes in 2021-22, up 29.47 per cent from 69.18 million tonnes in 2020-21. Captive sources comprised 11.52 per cent of the […]
Jharkhand: Coal India subsidiaries witness growth
Coal India subsidiaries — Central Coalfields Limited and Bharat Coking Coal Limited — headquartered in Jharkhand have improved their performance during the fiscal 2021-22 that ended March 31. “CCL recorded its highest-ever coal production as well as dispatch during the just-ended financial year (2021-22),” CMD P.M. Prasad told reporters in Ranchi on Friday, adding the […]
Coal India sets 700mt production target
Coal India has set a production and offtake target of 700 million tonnes in 2022-23 after achieving a record production in 2021-22. The public sector miner achieved a record production of 622.6 million tonnes for the financial year ended March 31, 2022, eclipsing the previous high of 607 million tonnes in 2018-19. In 2020-21, Coal […]
ED summons Abhishek Banerjee’s wife, her sister again
The Enforcement Directorate has summoned Trinamul Congress MP Abhishek Banerjee’s wife Rujira and her sister Menaka Gambhir to its New Delhi office for questioning on Wednesday and Thursday, respectively, in connection with alleged coal smuggling in Bengal. Abhishek, Trinamul’s national general secretary and the nephew of chief minister Mamata Banerjee, was supposed to appear before […]
Coal India allays supply fears
Coal India on Monday allayed fears of a supply shortage for power plants and said it is concentrating its efforts to meet the increased demand during summer. “CIL is cognisant of the importance of meeting increased coal demand in the power sector as the generation will step into higher orbit with the advent of summer. […]
India plans to stick with Russian coking coal import
India is leaning toward continuing to import coking coal from Russia, the steel minister said on Sunday, seeming to buck a global trend to shun Moscow over its invasion of Ukraine. “We are moving in the direction of importing coking coal from Russia,” Ramchandra Prasad Singh told a conference in New Delhi. India plans to […]
Jharkhand: Hemant Soren asks central govt for coal dues
A day after threatening to put barricades around coal mineral resources in Jharkhand if coal companies do not pay outstanding amounts, chief minister Hemant Soren tweeted a letter written to Union coal minister to clear dues of Rs 1.36 lakh crore on Saturday. Soren, in a speech during the last day of the budget session […]
Coal demand in India yet to see its peak, says ministry of coal
The Union coal ministry on Wednesday said the coal demand in India is yet to see its peak and is likely to increase by 63 per cent to 1.3-1.5 billion tonnes by 2030. “As of now, there is no possibility of a transition away from coal affecting the stakeholders involved in coal mining,” Union minister […]
Coal scam case: ED issues fresh summons to Abhishek Banerjee, wife
The Enforcement Directorate (ED) has issued fresh summons to TMC MP Abhishek Banerjee and his wife for questioning in a money laundering case linked to an alleged coal scam in West Bengal, officials said on Thursday. Banerjee, nephew of West Bengal Chief Minister Mamata Banerjee and the national general secretary of the Trinamool Congress (TMC), […]
Enforcement Directorate summons Abhishek Banerjee, wife again
The Enforcement Directorate has summoned Trinamul Congress MP Abhishek Banerjee and his wife Rujira for another round of questioning in New Delhi in the alleged multi-crore coal pilferage case in Bengal. Senior ED officials said the Diamond Harbour MP and his wife had been asked to appear at the ED’s headquarters in New Delhi by […]