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The State government would never permit coal/lignite mining in Tamil Nadu's Cauvery delta districts, Chief Minister M K Stalin told the state Assembly on Wednesday. Replying to special call attention motions moved by MLAs, Stalin said he too was shocked like others when he came to know about the Centre's auctioning process for three coal blocks in the delta region of Tamil Nadu. Immediately, he wrote to Prime Minister Narendra Modi against it and tasked DMK MP T R Baalu to take up the matter with the Centre and Union Coal Minister Prahlad Joshi assured the Parliamentarian that Tamil Nadu CM's opposition would be given due weightage and taken into account. Stalin said not only in his capacity as Chief Minister but also as a person belonging to the delta region (Tiruvarur district) mining projects would never be allowed in delta districts of Tamil Nadu.
India offers policy stability, transparency and consultative process of governance to incubate investment, Finance Minister Nirmala Sitharaman said on Thursday as she invited investments in prospecting energy resources in the country. Stressing that there is a need for investments in coal, she said, "We need greater investments also to help in gasification of coal. I invite all of you to energetically participate in the (sixth round of commercial mines) auction processes which have been launched today and keep your options also further extended for greater extraction of minerals in India." During this 'Amrit Kaal', India needs all the basic minerals as the country is in the process of rapid growth, she added. Quoting a Morgan Stanley report, the finance minister said India is the place where investment should be. "This is where action is. We are definitely creating a policy environment through which greater transparency and greater policy stability guides and invites investments. T
State-owned CIL on Wednesday said it will reach close to its production target of 306 million tonnes (MT) in the first half of FY23, provided its mining areas are not extremely affected by heavy rains this month. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. "At the current pace of production...the company is hopeful of reaching close to the apportioned H1 target of 306 MT," CIL said. Of the total production target of 700 MT for FY23, the output split is around 44 per cent in the first half and 56 per cent in the second half, the company said in a statement. Coal India's production increased by 44.6 million tonnes in just five months and four days of the ongoing fiscal (as of September 4). CIL's progressive production touched 259.6 MT as on 4 September, compared to 215 MT during the same period date last year, the statement said. The public sector unit began to chase the production output with growth rate of 12.4 per cent which, on the back of a stro
NTPC has registered a 62 per cent growth in coal production from its captive mines, the state-run power producer said on Friday. NTPC continues to demonstrate an increasing trend in coal production from its captive mines, a company statement said. The coal production in this fiscal till August 2022, was 7.36 MMT, posting a robust growth of 62 per cent when compared to 4.55 MMT achieved in the same period of the last year, it stated. With meticulous planning, resource mobilization, and regular monitoring, NTPC could achieve substantial growth even during the monsoon period, so far, and is hopeful of maintaining similar growth, it added. The coal dispatch from the NTPC's captive mines has been 7.52 MMT against 5.47 MMT in FY22 for the same period (April to August) registering a growth of 37 per cent. The NTPC has taken various steps to augment the coal production from its coal mines. The engagement of high-capacity dumpers as well as an increase in the existing fleet size of excav