Page 11 - Coal Industry

China's overseas coal power retreat could wipe out $50 bn of investment

President Xi's announcement could impact 44 projects in Asia, Africa

India moving away from coal slowly, considerable progress by states: Study

Study finds there has been a 76 per cent reduction in proposed coal power since the Paris Agreement was signed in 2015, bringing the end of new coal construction into sight.

Asia's coal prices hit new highs as global utilities scramble for fuel

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.

Unnecessary coal plants could waste India's Rs 247,421 cr, says report

A total of 27 GW of pre-permit and permitted new coal power plant proposals in India are now superfluous to its electricity requirements

Supply to power plants carrying stock of 0-6 days prioritised: Coal India

State-owned CIL on Thursday said it has launched a multi-pronged effort to help build up coal stocks at power plants

India asks utilities to import coal amid short supply as demand spikes

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.

India's coal import rises 50% to 19 million tonnes in June

India's coal import rose 50 per cent to 18.77 million tonnes (MT) in June this year, when compared to the shipments arrived in the same month of 2020

Coal India's e-auction allocation up 29% in April-July this year

Coal India said its e-auction allocation stood at 35.5 MT during April-July 2021 under five auction categories, registering a sharp 28.6 per cent increase over the same period a year ago

Top headlines: SC fines 8 political parties; CIL Q1 net profit jumps 52%

Business Standard brings you the top headlines this evening

States get Rs 7,930-cr royalty from coal mining in Apr-Dec 2020

A total royalty of Rs 7,930.61 crore was provided to states from coal mining during April-December 2020, Parliament was on Monday informed. A royalty of Rs 2,102.01 crore went to Jharkhand, followed by Rs 1,575.73 crore to Chhattisgarh, Rs 1,489.44 crore to Madhya Pradesh, and Rs 1,165.48 crore to Odisha, Coal Minister Pralhad Joshi said in a written reply to a question in the Rajya Sabha. A total royalty of Rs 12,962.92 crore was paid to states during 2019-20, Rs 14,746.11 crore during 2018-19, Rs 13,126.03 crore during 2017-18, Rs 11,227.14 crore during 2016-17, and Rs 10,736.7 crore during 2015-16, the minister said. The 10 states that were provided royalty are Chhattisgarh, Jharkhand, Odisha, Madhya Pradesh, Maharashtra, Telangana, West Bengal, Assam, Uttar Pradesh and Meghalaya. Royalty is a right to receive payment based on a percentage of the minerals or other products produced at a mine or of the revenues or profits generated from the sale of those minerals or other product

India exports 800,000 tonnes of coal to neighbouring countries in FY'21

India exported 800,000 tonnes of coal to its neighbouring nations, including Nepal, in the fiscal year ended March 2021

Central Coalfields awards Rs 9,294 crore mining project to Power Mech

Coal ministry, along with Coal India Ltd and Neyveli Lignite Corp, is offering 60 projects worth Rs 41,042 crore for private investment.

Adani Group strikes coal at Australia's controversial Charmichael project

The mine has been at the centre of several protests and campaigns by environmentalists.

Few takers for India's coal mines with production apparently having peaked

Coal consumption to become even more import driven as domestic production plateaus

CIL pulls restriction on exporting coal procured through two spot auctions

The development assumes significance as the current inventory of coal behemoth is little over 70 million tonnes (MT).

Coal firms around the world aren't setting up new mines, except Adani Group

Companies hesitant to invest in new projects as financing is difficult to come by and long-term demand is uncertain.

Coal India Ltd's coal offtake rises 38% to 55 million tonnes in May

State-owned Coal India Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector.

CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model

Coal India firms up Rs 40,000-crore domestic coal evacuation plan

Coal handling capacity of these 35 projects is estimated to be close to 405 million tonnes per annum (mtpa) by FY24

Polluting coal to remain predominant fuel in India's energy basket

This is despite the country pushing for its expansion of the renewable energy projects