Kolkata: In a push towards eco-friendly coal transportation, Coal India Limited (CIL) has planned a capital investment of around Rs 24,750 crore in the next few years on 61 First Mile Connectivity (FMC) projects. To come up in three phases, the projects will have a combined capacity of 763.5 million tonnes per annum (MTPA) when […]
Category: Coal
India extends coal import mandate for power to avoid blackouts
India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to a record, putting a strain on supplies of the nation’s main generation fuel. Plants designed to run on domestic coal have been asked to import 4% of their supplies of […]
Coal India’s Aug output at 52.3 MT
Kolkata: Coal India (CIL) produced 52.3 million tonne (MT) of coal in August 2023 registering a strong 13.2% growth over 46.2 million tonne August 2022. Comparative production for the month surged by 6.1 MT. Staying on course with the annual asking growth of 11% till August FY 2024, the state-owned coal miner gave 281.5 MT […]
Coal India eyes listing of two arms
Kolkata: Maharatna PSU Coal India is currently working towards listing of its subsidiaries — Bharat Coking Coal (BCCL), followed by the Central Mine Planning & Design Institute (CMPDI). “We have identified the banks. First, we will be listing BCCL and CMPDI will follow,” Coal India chairman and managing director PM Prasad told shareholders during the […]
Coal scam: Delhi’s Special Court awards 3-year prison sentence to former official with Ministry of Steel
NEW DELHI: The Special Court of Delhi on Tuesday awarded three years of rigorous imprisonment to Gautam Kumar Basak, former executive secretary of Joint Plant Committee (JPC), Ministry of Steel, under the Prevention of Corruption Act, in connection with a corruption case involving coal block allocation. The Special Judge Arun Bhardwaj on Tuesday awarded three […]
Coal scam: CBI seeks maximum punishment for ex-steel ministry official
NEW DELHI: The CBI has sought before a Delhi court seven-year jail term for a former official of the Ministry of Steel, who has been convicted in a case related to alleged irregularities in the allocation of a coal block in Chhattisgarh. The central probe agency on Saturday urged Special Judge Arun Bhardwaj to hand […]
YouTuber held for threat calls to Mumbai, Delhi airports
MUMBAI: A YouTuber has been arrested from Puducherry for allegedly making threat calls to Mumbai airport and Haryana police, warning of bomb blasts at Mumbai and Delhi airports on Friday. The caller, who identified himself only as ‘Parikh’, warned to blow up both the airports between 3.30pm and 9pm. The police said the caller had […]
India becomes only country after China to burn 1 billion tonne coal: IEA
NEW DELHI: India became the only country besides China to burn more than a billion tonne (BT) of coal in 2022 as demand grew at 8% on the back of robust economic growth and looks set to maintain the trend this year, according to the International Energy Agency. The agency’s latest Coal Market Update showed […]
Coal production increased in ‘big way’ during FY22-FY23; supply improved: Icra
NEW DELHI: India’s coal production picked up in “a big way” during FY22 and FY23 resulting into improved availability and supply of the dry fuel, on account of various government initiatives towards the sector, Icra said. The production of Coal India grew by 12.1 per cent in FY23, the ratings agency said, adding it was […]
Coal secretary inaugurates India Pavilion at World Mining Congress 2023
NEW DELHI: Coal secretary Amrit Lal Meena inaugurated the India pavilion featuring NLC India Ltd (NLCIL), Coal India Limited (CIL) and NMDC at the World Mining Congress (WMC) 2023 in Brisbane, Australia. The India pavilion at WMC showcases the country’s technological prowess in the mining, energy sector and its commitment to sustainable development practices. NLC […]
Chhattisgarh coal scam: ED takes possession of 81 assets
NEW DELHI: Days after Bengaluru police withdrew some charges from an FIR against Suryakant Tiwari, one of the key accused in the Chhattisgarh illegal coal levy scam, the Enforcement Directorate on Wednesday said it has taken possession of at least 81 of the 91 properties worth Rs 152 crore attached in the case belonging to […]
Sharp rise in coal stock boosts fuel stock at power plants
NEW DELHI: India is more than ready to meet any surge in electricity demand in the coming summer days or deal with disruption in fuel supply to thermal power stations during the monsoon, with overall coal stock rising 44% year-on-year to 110.5 million tonne (mt) as of June 13, government data showed. The overall stock […]