Sticks to coal phase-down, seeks 'phase out and rationalisation' of fossil fuel subsidies
CIL has set a target of 700 million tonnes (MT) for FY23
The war in Ukraine has forced India to review its plans to scale back the fuel in the overall energy mix
Larger shares of the state-owned miner's production are sold significantly below global benchmark prices, deterring global investors from participating in divestment plans
India is the world's second-largest coal-producing nation (770 million tonnes per annum) and coal accounts for 50 per cent of the 407.79 Gw of electricity generation in the country
"If it was not for the Iranian supply of weapons to the aggressor, we would be closer to peace now," Zelensky said Sunday evening in his daily address
The dispatch of coal to the power sector registered 5.5 per cent decline at 56.49 million tonne last month. The coal supply to the power sector was at 59.79 million tonne (MT) in October 2021. "The power utilities dispatch has reduced by 5.51 per cent to 56.49 MT during October 2022 as compared to 59.79 MT in October 2021," provisional statistics of the coal ministry showed. However, in April-October period of ongoing financial year, the dispatch increased 13.07 per cent to 413 MT from 365.25 MT in the year-ago period. The overall dispatch of the dry fuel to different sectors in October also dropped to 67.02 MT from 70.21 MT in the year-ago period. The supply to captive power plants also fell to 3.54 MT from 4.97 MT. Many states faced power outages due to shortage of coal in the summer season this year. However, the coal ministry had said the "power crisis" happened mainly on account of the sharp decline in electricity generation from different fuel sources and not due to the ...
On Novemebr 3, Union Finance Minister Nirmala Sitharaman launched the biggest ever coal mine auction of 141 mines in India
Retired Employees Association says nearly 270,000 pensioners are getting less than Rs 2,000 a month as pension
Even though coal is back on the table, renewable energy is growing strongly
The coal ministry has auctioned close to 64 coal mines to date under commercial auction
The furious pace of production has helped prevent the blackouts of last year but there are questions over whether the state-owned miner can sustain the pace
Currency depreciation of over 6% may have supported uptrend; industry players confident that prices have bottomed out
CoalMin confident that domestic supply will meet festive season's power demand
A stranded ferry from the Visakhapatnam port is cited to be the reason for plunging it into a deep crisis.
The world's third-biggest emitter of greenhouse gases will add nearly 56 gigawatts of coal power capacity unless there's a substantial drop in the cost of storing electricity
The domestic market has also seen a sharp correction in steel prices from peak levels
Coal companies are hopeful of beating this year's target of bringing more than 2,400 hectares of area in and around coalfields under green cover by planting more than 50 lakh saplings, the government said on Tuesday. Greening initiatives of the coal sector will help generate an additional carbon sink of 2.5 to 3 billion tonnes of CO2 equivalent through additional forest and tree cover by 2030. Greening drive is in full swing in coal mining areas and about 1,000 Ha of land has already been covered through block and avenue plantation, grassland creation, bamboo plantation and high-tech cultivation by August 15. "With the achievements made so far, coal companies are confident of surpassing this year's greening targets," the coal ministry said in a statement. Coal companies have not only met the increasing energy demand of the nation at the current time of global energy crisis but also shown their sensitivity and carefulness towards the environment. The companies have adopted several
In March, Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2021
The coalfields are part of Central India Coalfields and the mines are developed and operated by SECL, a Chhattisgarh-based arm of state-run Coal India (CIL)