New Delhi, Nov 12 () CIL’s coal allocation under spot e-auction scheme declined 36.4 per cent to 11.25 million tonne in April-September period of the ongoing fiscal. Coal India (CIL) had allocated 17.69 million tonne (MT) of coal in the year-ago period, according to government data. The coal allocated by the PSU under the scheme […]
Category: Coal
India’s coal imports rise 9 pc to 127 MT in Apr-Sept
New Delhi, Nov 3 () India’s coal imports increased by 9.3 per cent to 126.91 million tonnes (MT) in the first six months of the ongoing fiscal, industry data showed. The country had imported 116.04 MT of coal in April-September period of FY 2018-19, according to a provisional compilation by mjunction services, based on monitoring […]
CIL to switch over to mechanised coal transportation by FY’24
New Delhi, Oct 24 () State-owned CIL on Thursday said it will switch over to mechanised transportation of coal through piped conveyor belts in its large mines by 2023-24, replacing the existing road movement of the dry fuel. Piped conveyor belt transportation is a covered system for movement of coal and thus promotes environment safety […]
Coal supply by CIL to power sector drops 7 pc to 218 MT in Apr-Sept
New Delhi, Oct 17 () Supply of coal by state-owned CIL to the power sector registered a decline of 7 per cent to 218.4 million tonnes in the April-September period of the ongoing fiscal. This comes amid the Maharatna firm recently stating it was ensuring smooth supply to power plants. Fuel supply by Coal India […]
HC quashes LRs issued in Adani coal import case
Mumbai, Oct 17 () The Bombay High Court on Thursday quashed all Letters Rogatory (LRs) sent by the Directorate of Revenue Intelligence (DRI) to Singapore and other countries in its probe of Adani group firms for alleged overvaluation of Indonesian coal imports. The court said it did not go into merits of LRs issued by […]
CIL to boost coal supplies to power plants
Kolkata: Maharatna PSU Coal India (CIL) is gearing up to regain its production tempo and keep coal supplies to power sector going despite the torrential rainfall across its subsidiaries dealt a crippling blow to the company’s coal output and off-take. The state-run coal behemoth is hoping that during the festive season there will be an […]
Govt launches portal for improving coal supply coordination to power plants
New Delhi, Oct 3 () The government on Thursday launched a portal for transparency and better coordination among stakeholders, including Coal India Ltd, Indian Railways, power utilities and, ministries of coal and power, for coal supplies to power plants. Union Ministers R K Singh and Pralhad Joshi launched the portal, namely ‘PRAKASH’, which stands for […]
India to invite bids from global coal miners before end of 2019: Report
NEW DELHI: India plans to invite bids from global firms for the first time for coal mining blocks before end-2019, sources familiar with the matter said, a move that would end Coal India Ltd’s near-monopoly for the fuel as the nation tries to cut imports. Coal is among the top five commodities imported by India, […]
National Coal Index on anvil; CIL moots Rajmahal project
Kolkata: In the wake of the government’s decision to allow foreign direct investment and open up coal sector to commercial mining, the Centre is in the process of formulating a National Coal Index, a senior official said on Tuesday. A high-powered panel, in 2018, had recommended to develop a Coal Index for determining the value […]
Centre adopts 2-pronged policy to push coal output
Kolkata: The Centre is adopting a carrot and stick policy to raise the level of coal production in India, which still is the country’s primary source of energy. In a two-pronged strategy, the coal ministry is squeezing the time limit for making a new coal block operational and at the same time, activating penal provisions […]
Coal India eyes on production boost, renewables
Kolkata: Coal India (CIL) has drawn up a strategy to ramp up production and opt for diversification of renewables such as solar, hydel and natural gas. Addressing the CIL’s 45th AGM in the city, the chairman Anil Kumar Jha sounded nonchalant of the fact that renewables would not be able to take over coal across […]
Coal India
Despite signs of slowdown being witnessed in the economy, Coal India (CIL), the Maharatna PSU, is confident of achieving its target this fiscal. This CIL’s success would be crucial for power as well as other critical sectors in order to overcome the downturn. Anil Kumar Jha, chairman and managing director, CIL, spoke to TOI about […]