Thermal Coal

According to sector watchers, the numbers suggest that the railways will comfortably meet its budgeted target of 1475 Mt in the current fiscal year

Indian imports of petcoke, mostly used by cement plants, doubled to 9.77 million tonnes in 2022 as they were cheaper compared with coal, whose prices hit record highs following Russia's invasion

India's thermal coal imports fell to the lowest levels in 9 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production

Union coal minister Pralhad Joshi on Wednesday exuded confidence that the country would be largely self-sufficient in thermal coal production by the financial year 2024-25. "We will be largely self-sufficient in thermal coal production by 2024-25 and the country will not face any problem in the thermal energy sector," Joshi said while interacting with the media during the investors' conclave on 'opportunities in the coal sector'. He said that in the sixth phase, commercial auction is being conducted for 141 coal mines across the country, including 28 blocks of Madhya Pradesh. According to the minister, for the first time in the country's history, such a large number of coal blocks are being auctioned. He said that the government is expected to get a revenue of Rs 25,000 crore from this auction, while two lakh people will get employment after the start of production. Joshi appealed to the investors to actively participate in the coal mine auction. "We have made mine allocation rul

The share of South African thermal coal imports rose to the highest levels in recent months as sponge iron makers switched back amid Russian blend concerns, Coalmint said in a report this week

Union coal minister Pralhad Joshi on Friday said that the country will stop import of thermal coal by 2024-25. Joshi was speaking at the 'Mincon 2022' Mines -Mineral-Metals event here. The minister expressed his concern that that the country has to import coal despite having adequate domestic resource of the fuel. He said that Prime Minister Narendra Modi told him that this substitute coal import has to stop. "We are working in that direction and I am assuring you that by 2024-25, the substitute coal that is thermal coal import, we are going to stop it," he said. Joshi said that the government is taking pro-industry initiatives. "There was a time, when those in power used to think that talking about industry, business and industrialists is kind of anti-poor. But, our government does not think like that, we think your businesses should run nicely and our policies should be good and the revenue from you will help in serving the poor. This is the firm belief of the government and we

The coal ministry has taken consistent initiatives to increase the production of coal from captive mines

Disruptions caused by the pandemic continued to impact cargo movement in India

Coal volumes at the 12 major ports declined for the sixth straight month in September 2020, as per the Indian Ports Association (IPA)

Thermal coal imports dropped 25.42 per cent to 28.93 MT and coking coal shipments fell 31.87 per cent to 16.84 MT during this period

Hit by disruptions caused by the Covid-19 pandemic, both thermal and coking coal imports at India's 12 major ports dropped 31 per cent to 36.7 million tonnes (MT) in April-July 2020

Impacted by the Covid-19 pandemic, coking coal imports too witnessed a decline of 28.49 per cent to 10.69 MT in the quarter

Making it clear that he was not politicising the issue, the minister said many states are importing thermal coal which is substitutable

India imported 51.33 million tonnes of coking coal in 2019, down from 51.63 million tonnes in 2018, the data showed

Icra said it expects Coal India, which has missed annual production targets over the last few years, to fall short of its 2019/20 production forecast of 660 million tonnes by up to 75 million tonnes

Prices of Indonesian coal are down 14% while South African coal has declined 21% in the past six months

The strong purchases take India's first-half imports to 81.9 million tonnes, up 13 percent from the 72.3 million tonnes imported over the same period in 2017

Thermal power producers with three to four years shy of reaching the retirement age are not keen to invest on technology upgrade to meet the latest emission norms notified by the Ministry of Environment, Forest & Climate Change (MoEF&CC).The ministry guidelines mandate thermal power projects to invest Rs 1-1.2 crore per Mw on installing latest equipment to meet the norms to mitigate pollution. The deadline originally fixed for compliance is the end of December this year.Older coal-fired generating units are hesitant to make capital investments. Since they run the risk of being retired after three to four years, any additional investment appears imprudent. Facing stiff competition from renewable energy sources, especially solar power in tariffs and cost of production, thermal power plants feel they should not be burdened with additional investments."No thermal power producer would like to commit on unviable investments at a time when competition from renewables is getting ...

Major cargo that contributed to this achievement includes thermal coal, containers, industrial coal and fertilisers