The ministry added in a press release that the coal supply to thermal plants is increasing in tandem with an increase in demand for power
It has also allowed tolling which essentially would mean giving electricity producers access to coal near a plant rather than transporting it from allocated mines that may be in far away areas
The coal ministry has taken consistent initiatives to increase the production of coal from captive mines
The stocks are exhibiting positive trend amid reports that Indian Railways is expected to add 100,000 wagons over the next three years
The government on Wednesday informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030.
The fuel supply by CIL to the power sector peaked to a historic high of 493 million tonnes (MT) as on Thursday in the ongoing fiscal
The world's largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power mine equipment.
The ministry cited the domestic coal supply to the power sector till January 2022, which was 552.65 million tonne
The government said the country's dependence on imports to meet thermal coal demand has sharply reduced and stressed that in the next financial year
While old coal-fired power plants are being phased out, India has not commissioned a new one for some time now. But India's coal demand will still see growth in the short term. What's this paradox?
IEA study supports trend, says India will lead demand growth for the fuel in the world
Despite diplomat-speak at Glasgow, the country will remain a coal-dependent economy well into the future
India's coal consumption is expected to grow in absolute terms in the coming few years and phasing out the fuel could have severe repercussions on the livelihoods of many Indians, govt sources said
Coal Minister Pralhad Joshi on Thursday said state-owned CIL has stepped up fuel supply to meet the increased demand of the power sector and arrest shortages at thermal power plants
An electricity crisis is roiling energy markets from Europe to Asia, with fuels that can be used for heating or power in high demand.
A lack of coal means factories could shut, while forcing India to import more fossil fuels.
BEIJING/CHENNAI (Reuters) - Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said.
CHENNAI (Reuters) -India has urged utilities to import coal as coal-fired electricity generation surged in Asia's third largest economy after an easing of coronavirus-related curbs, with several power plants on the verge of running out of fuel.
CHENNAI (Reuters) -India has urged utilities to import coal despite having the world's fourth-largest reserves, with several power plants on the verge of running out of fuel due to a surge in power demand.
Income down 8.5% to Rs 93,818 cr, revenue from operations declines 6.3% YoY to Rs 90,026 cr