NEW DELHI: Coal India Ltd, which accounts for about four-fifths of the nation’s output of the fuel, is aiming to boost supplies to power plants this summer as unusually hot weather drives electricity demand. The state-run miner is increasing coal output and building stockpiles at its mines this month to meet supply commitments, the company […]
Category: Coal
GMDC emerged as highest bidder for two coal mines in Odisha
NEW DELHI: Gujarat Mineral Development Corporation (GMDC), a leading mining PSU enterprise and the largest lignite seller in the country, today announced that it had emerged as the highest bidder for Two Coal Mines in Odisha in the recently concluded commercial coal block auction by the ministry of Coal. GMDC has won the bids for […]
Tangedco forms coal quality assurance wing at collieries and thermal plants
Chennai: In order to comply with the recommendations of a Comptroller Audit General (CAG) report, Tangedco, has formed a full fledged coal quality assurance wing to assess coal quality at collieries and thermal plants. A February 7 order said it will he headed by a superintendent engineer from mechanical/mines wing who will report directly to […]
Coal India Q3 net rises 69%
Kolkata: Coal India’s (CIL) profit after tax (PAT) during the third quarter of the ongoing fiscal rose 69% to Rs 7,719 crore from Rs 4,557 crore in the year-ago period. The steep rise in profit came on the back of higher add-on over-the-notified price in e-auction sale of 14.6 million tonne (MT) coal during Q3 […]
CIL net up 69% in Q3 on higher premium in e-auction
NEW DELHI: State-run Coal India Ltd on Tuesday posted a 69% increase in net profit in the third quarter (October-December 2022) at Rs 7,719 crore against Rs 4,557 crore a year ago on the back of increased sales and a sharp rise in realisation through e-auction sale. Profit in the nine months till December stood […]
Coal-based power generation rises 15% in December: Official data
NEW DELHI: Country’s coal-fired power generation increased by 15.03 per cent to 98,443 million units (MU) in December, as per official data. Coal-based power generation — which accounts for 76.59 per cent of the total power generation in the country — stood at 85,579 MU in the corresponding month of the previous fiscal. According to […]
CIL, unions agree on 19% wage hike for non-exec staff
NEW DELHI: Coal India Ltd (CIL) and Singareni Collieries Ltd (SCCL) have agreed to a 19% wage hike to a combined 2.8 lakh non-executives employees of the two state-run coal miners, breaking the logjam in their latest wage negotiations with the trade unions. The representatives of the two companies and four trade unions — BMS, […]
CIL arms monetising empty mine land with eco parks
NEW DELHI: An abandoned coal mine is the most unlikely spot where one would expect to tee off, indulge in a bit of water sport, do some bird watching or just enjoy the splendour of nature. But a visit to Mudwani dam eco-park and Ananya Vartika eco-restoration park & lake in Madhya Pradesh will change […]
Delhi-NCR: Ban on coal, other unapproved fuels comes into effect
A stringent ban on the use of coal and other unapproved fuels in industries and commercial establishments came into force in Delhi-NCR on Sunday, with officials saying defaulting units will be closed down without any warning. However, the use of low-sulphur coal in thermal power plants is allowed, the central government’s Commission for Air Quality […]
India’s coal demand likely to peak between 2030-2035: Minister
NEW DELHI: The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralhad Joshi informed Parliament during the recent sessions. Coal is the major source of energy in India. In 2022-23 (April-October), the coal consumption in coal-based power plants increased to 447.6 […]
Coal v/s renewable energy dilemma in India is a critical issue of energy justice, argues IITK study
At Sharm el-Sheikh Climate Change Conference (COP 27), India reaffirmed its renewable targets but has also retained a focus on coal to ensure energy access. Energy access to all citizens is key to energy justice. This can be achieved by the active participation of grassroots civil society actors, argues an IIT-Kanpur study published in the […]
Coal India outsources mines to take on private players
NEW DELHI: Coal India (CIL) is outsourcing development and operation of new mines to MDOs (mine developer & operators) for the first time as the state-run behemoth seeks to become competitive in an effort to take on private miners. The company last week appointed MDOs for seven greenfield mines with a combined annual production capacity […]