Page 7 - Coal Industry

CIL looking to offer over 100 closed, discontinued mines to private sector

'The Ministry of Coal held a stakeholder consultation on revenue sharing model for discontinued/closed mines of CIL here today with the private sector,' the statement said

Pralhad Joshi urges CIL to achieve production targets for FY22, FY23

Coal India, accounts for over 80 per cent of domestic coal output, has a production target of 670 million tonnes for the 2021-22 financial year

Pralhad Joshi discusses environmental compliance of coal, lignite companies

Coal secretary A K Jain briefed the committee about creation of a Sustainable Development Cell (SDC) in the ministry to advise, mentor, plan and monitor environmental sustainability of coal mines

Govt plans new digital infra to support domestic coal mines operations

Technological advancements in coal mining are also making operations more productive.

Coal India fuel supply reaches 575 million tonnes so far this fiscal

State-owned CIL has supplied 575 million tonnes (MT) of coal so far this fiscal, surpassing the total dispatch of dry fuel in 2020-21.

'Survival of certain Coal India subsidiaries at stake without price hike'

In an effort to tide over inflationary pressure, the miner will likely raise prices after the assembly elections in five states, including Uttar Pradesh, in March, the sources said

Non-power coal users claim supply shortage; government denies it

Coal India Ltd, which accounts for more than 80% of India's production of the fuel, and the federal coal ministry, deny there is a problem

Major institutions provided $1.5 trillion to coal industry from 2019-2021

Banks continue to fund 1,032 firms involved in the mining, trading, transportation and utilisation of coal, the research showed

India's coal production rises 6% to 79.60 million tonnes in January

India's coal output stood at 75 million tonnes (MT) in January 2020

Coal India Q3 net profit rises 48%; board approves interim dividend of Rs 5

Consolidated revenue from operations rose 20% to Rs 28,434 cr

Indonesia's coal export ban nearly wipes out January trade surplus

Authorities on January 1 announced an unexpected suspension of all coal exports due to critically low inventory of the fuel at domestic power plants

Coal crunch has been 'catastrophic' to non-power sector: Industry groups

Coal India on Saturday said it is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector which is the company's average supply to this segment

World's biggest miners brace for change after period of 'bumper profits'

The pandemic has been a double-edged sword for the sector over the six months and China's economy is adding to the uncertainty.

Coal India has sufficient buffer stock for non-power sector: Govt

Coal India is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector, says govt

Jindal Steel and Power, Hindalco bag coal mines in Odisha in auction

BS Ispat Ltd emerged as the highest bidder for Majra mine in Maharashtra, Assam Mineral Development Corporation bagged Garampani coal block in Assam

NTPC could build new coal-fired power plants if needed, says chairman

India's top power producer NTPC Ltd could build new coal-fired power plants if needed, the state-run company's Chairman Gurdeep Singh said on Friday.

Indonesia starts construction of $2.3 billion coal gasification plant

In 2021, Indonesia consumed 7.95 million tonnes of LPG, 6.4 million tonnes of which were imported,

Govt launches portal to share key performance indicators of coal sector

The portal was launched by Coal Secretary Anil Kumar Jain

Bidding for CBM blocks to start on Feb 15, end on March 15, says DGH

Bidding for 15 blocks offered in the first coal-bed methane (CBM) round in more than a decade will start on February 15 and end on March 15, the Directorate General of Hydrocarbons (DGH) said

NTPC to raise $750 mn via ECB term loan for expansion in RE, coal mining

The loan shall be unsecured, without any guarantee or letter of comfort from Govt of India