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Page 2 - Coal Industry

Illegal coal mining may push WB's Raniganj towards Joshimath-like crisis

Mamata Banerjee last week said that a Joshimath-like tragedy in Raniganj will affect the lives and livelihood of over 20,000 people in the region

Illegal coal mining may push WB's Raniganj towards Joshimath-like crisis
Updated On : 22 Jan 2023 | 9:06 AM IST

Top headlines: Windfall tax cuts, Reliance Capital auction, and more

Business Standard brings you the top headlines at this hour

Top headlines: Windfall tax cuts, Reliance Capital auction, and more
Updated On : 17 Jan 2023 | 9:04 AM IST

India to boost coal imports to cope with harsh weather, freight snags

India's record domestic output of coal has eased tight inventories at power plants, to an average 12 days' supply at the end of 2022

India to boost coal imports to cope with harsh weather, freight snags
Updated On : 17 Jan 2023 | 7:21 AM IST

Coal India subsidiary NCL to start M-Sand production, says ministry

State-owned Coal India's subsidiary NCL will soon start production of M-Sand, a material used for construction works. Northern Coalfields Ltd (NCL) will start production of M-Sand or Manufactured Sand for its Amlohri project in Madhya Pradesh, according to a coal ministry statement on Tuesday. M-Sand is artificial sand produced from crushing hard stones into small sand-sized angular shaped particles, washed and finely graded to be used as construction aggregate. It is an alternative to river sand for construction works. NCL is all set to start production of M-Sand and the move is aimed at maximising the utilisation of natural resources and minimising the adverse impact of mining. Eyeing business diversification while focusing on the ecological balance, the company has set up a sand manufacturing plant using its over burden as a raw material. This pro-environment move of the company will help in conserving river bed erosion and preserve aquatic ecosystems, as per the ...

Coal India subsidiary NCL to start M-Sand production, says ministry
Updated On : 10 Jan 2023 | 6:00 PM IST

Bids for 6th commercial auction of coal mines can be submitted till Jan 13

The government on Tuesday said that bids for the sixth round of commercial coal mines' auction can be submitted till Friday. The bids will be opened on coming Monday in the presence of representatives of the bidders. The biggest tranche of 141 mines covering eleven coal-bearing states are being offered in the sixth round of commercial coal mine auction. "In accordance with the timelines, bidders can submit their bids online on the electronic platform by 12:00 hours up to January 13, 2023 and physically by 16:00 hours on the same day," the coal ministry said in a statement. The coal mines under the ongoing tranche have been selected considering the varied demands within the investor community; some of the coal mines have been resized based on the feedback of the industry to improve their attractiveness. The coal ministry had launched the process for auction of 133 coal mines under sixth round of commercial auctions, of which 71 are new coal mines and 62 blocks are rolling over from

Bids for 6th commercial auction of coal mines can be submitted till Jan 13
Updated On : 10 Jan 2023 | 5:33 PM IST

Govt expects utilities' annual coal demand to surge 8% to 821 mn tonnes

State-run Coal India, which accounts for 80% of India's coal production, is seen supplying 620 million tonnes to the power sector in 2023-24, compared with a projected 580 million tonnes in 2022-23

Govt expects utilities' annual coal demand to surge 8% to 821 mn tonnes
Updated On : 10 Jan 2023 | 3:07 PM IST

Power Ministry asks utilities to import 6% of coal requirement until Sept

Coal accounts for more than 70% of India's power generation, with coal-fired plants accounting for more than three quarters of India's use of the polluting fuel

Power Ministry asks utilities to import 6% of coal requirement until Sept
Updated On : 10 Jan 2023 | 9:35 AM IST

Govt asks utilities to import 6% of their coal need until September

India's power ministry has asked utilities to import 6% of their coal requirement until September, according to letter seen by Reuters

Govt asks utilities to import 6% of their coal need until September
Updated On : 09 Jan 2023 | 5:38 PM IST

Coal India registers highest nine-month growth since pre-Covid level

Compared to the April-December period of 2019, the company's coal production grew by 23 per cent

Coal India registers highest nine-month growth since pre-Covid level
Updated On : 02 Jan 2023 | 11:36 PM IST

Core sector output rises by 5.4% in November vs 3.2% YoY: Govt data

Production of eight infrastructure sectors increased by 5.4 per cent in November against a 3.2 per cent growth in the same month last year on a better show by coal, fertiliser, steel, cement and electricity segments, according to the official data released on Friday. Crude oil, natural gas and refinery products, however, recorded negative growth in November this year. The production growth of eight key sectors slowed down to 0.9 per cent in October. The growth rate of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- stood at 8 per cent in April-November this fiscal as against 13.9 per cent during the same period last fiscal. The production of coal rose by 12.3 per cent, fertiliser by 6.4 per cent, steel by 10.8 per cent, cement by 28.6 per cent and electricity by 12.1 per cent in November 2022 compared to a year ago. Core sectors industries, which have 40.27 per cent weight in the overall index of industr

Core sector output rises by 5.4% in November vs 3.2% YoY: Govt data
Updated On : 30 Dec 2022 | 5:27 PM IST

In a bid to boost mine tourism Coal sector constructs 8 eco parks

In a bid to give a fillip to mine tourism, eight eco-parks have been constructed recently in different parts of the country and two more will be completed in the ongoing financial year, the government said on Friday. The said eco-parks are being developed on reclaimed land. Coal and mines minister Pralhad Joshi had inaugurated Jhurey/Bal Gangadhar Tilak eco-park of Coal India arm WCL in October. NLC India Ltd (NLCIL) has entered into a pact with Pondicherry Tourism Development Corporation (PTDC) recently to promote eco-tourism at mine-I and mine-II and display sustainable mining activities. The pact between Northern Coalfields Ltd (NCL), a CIL arm, and Madhya Pradesh Tourism Board to give a fillip to Singrauli Eco-Tourism Circuit and another MOU by WCL with Directorate of Tourism, Maharashtra are also to further promote eco-tourism in the coal sector. In line with the sustainable development and greening initiatives coal/lignite PSUs have planted around 47 lakh saplings on 2300 Ha

In a bid to boost mine tourism Coal sector constructs 8 eco parks
Updated On : 30 Dec 2022 | 3:59 PM IST

Coal consumers body seeks renewal of rake-based supply to non-power sector

The Coal Consumers Association of India (CCAI) has made a plea to the government to resume rake-based supplies to the non-power sector in a bid to maintain cost competitiveness and sustain operations. Despite Coal India's production and despatches improving considerably this year, the supply of dry fuel to the non-power sector continues to languish below optimal levels amidst spiralling costs. This situation has led to the non-power sector relying on road-based supplies, in turn leading to soaring costs for its constituent industries. Converting rail quantities to road offtake often attracts higher premiums than those already paid to Coal India Ltd (CIL) for rake-based supplies, CCAI said. "...converting rail quantity to road offtake may often lead to a higher premium for coal which may be more than the premium paid to CIL for supply via rail mode. This is invariably adding the additional burden of cost on the NRS (non-regulated sector) consumers on top of the higher transportation

Coal consumers body seeks renewal of rake-based supply to non-power sector
Updated On : 26 Dec 2022 | 9:08 PM IST

2023 could be another strong yr for coal as demand may reach record levels

Coal India, companies with captive coal mines in steel, power and other sectors will be at an advantage

2023 could be another strong yr for coal as demand may reach record levels
Updated On : 23 Dec 2022 | 10:04 PM IST

In waning coal belt of Ramgarh, solar saves day for women entrepreneurs

Ramgarh, Dec 16 (IANS/ 101 Reporters) Kanija Fatma (40) and her husband Riyamuddin Ansari work as tailors in minority-dominated Maganpur village in Ramgarh district of Jharkhand in eastern India

In waning coal belt of Ramgarh, solar saves day for women entrepreneurs
Updated On : 16 Dec 2022 | 5:55 PM IST

Global coal consumption set to hit new high this yr despite ambitious goals

Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time, according to an International Energy Agency report

Global coal consumption set to hit new high this yr despite ambitious goals
Updated On : 16 Dec 2022 | 12:46 PM IST

India imports 131.92 MT coal worth Rs 2.3 trillion in Apr-Sep this year

India imported 131.92 million tonne of coal worth Rs 2.3 lakh crore in April-September period of ongoing financial year. In FY22, the country's coal import of 208.93 million tonne (MT) was worth Rs 2,28,741.8 crore, Coal Minister Pralhad Joshi said in a reply to the Rajya Sabha. The coal import was 215.25 MT in FY21, 248.54 MT ( FY20), 235.35 MT (FY19) and 208.25 MT (FY18), the minister said. Import of coal in India consists mainly of coking coal and high grade coal, whose prices are normally higher than thermal coal. The average landed price per tonne of imported coal up to September of current financial year was Rs 19,324.79 while the average notified price per tonne (ex-colliery) of domestic coal was Rs 2,662.97 in the same period. India imports coking coal and other high gross calorific value (GCV) coal as domestic production is limited due to either scarce reserves or non-availability. Imported coal based (ICB) power plants in the coastal region import coal as they are so .

India imports 131.92 MT coal worth Rs 2.3 trillion in Apr-Sep this year
Updated On : 12 Dec 2022 | 6:49 PM IST

Talk about coal

India must consider energy transition partnerships

Talk about coal
Updated On : 07 Dec 2022 | 10:24 PM IST

Coal production rises over 11% to 75.87 million tonnes in November

India's total coal production went up by 11.66 per cent to 75.87 million tonnes in November 2022 from 67.94 million tonnes recorded during the corresponding period of last year

Coal production rises over 11% to 75.87 million tonnes in November
Updated On : 06 Dec 2022 | 1:23 PM IST

Centre 'modifies' 62 unsold coal mines to make them attractive for buyers

Out of the 141 coal blocks which the Centre has put up for commercial auction, 62 mines are old which had gone unsold during previous attempts; hence they have been modified

Centre 'modifies' 62 unsold coal mines to make them attractive for buyers
Updated On : 03 Dec 2022 | 3:37 PM IST

Best of BS Opinion: Protecting data privacy, the FTX fraud, and more

Here is the best of Business Standard's opinion pieces for today

Best of BS Opinion: Protecting data privacy, the FTX fraud, and more
Updated On : 21 Nov 2022 | 6:47 AM IST