Fourteen people trapped in a coal mine that collapsed in southwest China’s Guizhou province last month have died, local officials said on Sunday. The workers were trapped after the roof of a shaft at Sanhe Shunxun coal mine in Zhenfeng County, Bouyei-Miao Autonomous Prefecture of Qianxinan, collapsed on February 25. Rescue work finished on Sunday […]
Category: Coal
Costlier coal adds to fund-starved PSPCL’s problems
After having faced power cuts during and post paddy season last year, Punjab may face the same situation this season.
Running out of coal, Gehlot taps Sonia to get mines started in Chhattisgarh
Warning of a power crisis in the state, Rajasthan Chief Minister Ashok Gehlot has tapped Congress President Sonia Gandhi for the second time in three months to get Chhattisgarh to speed up clearances for mining coal for power plants. Power generation units in Rajasthan have an allocation of coal from mines in Chhattisgarh but delays […]
US bank snaps ties with Adani’s Australia project
Bank of New York Mellon Corp has pulled out of providing financial services to Adani Group and its Carmichael coal mine in Australia, saying the venture is incompatible with its environmental, social and governance rules.
No coal e-auction till situation normalises
Amid the low stock position at the electricity generating plants, state-owned CIL has asked its subsidiaries to refrain from conducting any further e-auction of coal, except special forward e-auction for the power sector, till the situation stabilises. The development assumes significance as the supply of coal is being prioritised to the power sector to replenish […]
India’s coal import drops in August despite higher fuel demand from power sector
India’s coal import registered a decline of 2.7 per cent to 15.22 million tonnes (MT) in August this year amid the country’s power plants grappling with fuel shortages. The country imported 15.64 MT of coal in the corresponding month last year. According to data compiled by mjunction services, “Imports in August 2021 stood at around […]
Coal crisis persists, Punjab residents bear brunt of outages
Owing to a depleting coal stock, residents continue to face unscheduled power cuts across the state. Punjab State Power Corporation Limited (PSPCL) is resorting to two to five hours of cuts in the urban areas and around six hours in the rural areas daily. The rotational power cuts might go beyond a week with the […]
Coal stock rising, says Centre
The government on Tuesday assured that the coal stocks at power plants had started rising and the situation would be normal in a month. Speaking after a review meeting by the Prime Minister’s Office (PMO), government sources attacked Opposition-ruled states that have been actively flagging the depleted coal stocks at power plants.
SC upholds PSPCL decision on captive coal block
The Supreme Court on Tuesday upheld the decision of the Punjab State Electricity Board (PSEB) — now known as Punjab State Power Corporation Limited (PSPCL) — to select the lowest bidder DBLVPR Consortium for supply of coal, saving crores of rupees for PSPCL. “A policy decision to get the best operator at the best price, […]
Coal block: SC upholds Punjab powercom decision
The Supreme Court today upheld the decision of the Punjab State Electricity Board (PSEB) — now known as Punjab State Power Corporation Limited (PSPCL) — to select the lowest bidder, DBLVPR Consortium, for supply of coal, saving crores of rupees for the PSPCL. “A policy decision to get the best operator at the best price, […]
Core sectors’ output rises 9.4% in July
The output of eight core sectors grew by 9.4% in July, mainly due to a low base effect and uptick in production of coal, natural gas, steel, cement and electricity, official data showed on Tuesday. The eight infrastructure sectors had contracted by 7.6% in July 2020 due to the lockdown imposed to control the spread […]
ED attaches assets worth 165.86 crore under PMLA in illegal coal mining case
The Enforcement Directorate (ED) said on Monday that it has issued a provisional attachment order under prevention of Money Laundering Act (PMLA) to seize immovable assets to the tune of Rs. 165.86 crore owned by main accused Anup Majee in illegal coal mining case in poll-bound West Bengal. Officials in the ED said these assets […]