Page 3 - Coal Mines

JSPL plans to start building Botswana mine in 2022, to produce 4.5 MT coal

GABORONE (Reuters) - India's Jindal Steel & Power Limited (JSPL) will start building a coal mine in Botswana's southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned coal power plant, a company official said.

Aluminium plants grappling with critically low level of coal stock: AAI

Aluminium plants in the country are grappling with critically low level of coal stocks and if the fuel supply is not restored immediately it would lead to irrevocable collateral damage, industry body AAI warned on Friday. The statement comes at a time when the supply of coal by CIL to non-power sectors has been kept suspended temporarily amid electricity generating plants in the country facing fuel shortages. "Today also, aluminium industry has not received any relief with respect to the ongoing coal supply crisis. Indian aluminium plants are grappling with critically low levels of coal stock, with no recourse or alternative means to meet their power needs and keep the plants operational," Aluminium Association of India (AAI) said. It further warned that if coal supply is not restored immediately, it would lead to an irrevocable collateral damage of these national assets. "Any power outage in aluminium plants will lead to catastrophic impact & complete shutdown which will take ...

Closure of some mines, inundation due to monsoon led to coal crisis: Joshi

Coal Minister Pralhad Joshi said closure of some mines, and inundation of a few others due to monsoon led to the crisis but there is no need to panic as the situation is improving

Coal prices rise to record in China as floods keep supplies tight

Futures gain 9% to intra-day record of $254.3/ton

Coal ministry conducts pre-bid conference for auction of 11 mines

The coal ministry launched the second attempt of the auction of 11 coal mines earmarked for the sale of coal last month.

China's coal hub broadens output freeze amid heavy rain, floods

372 non-coal, 60 coal mines, 14 factories suspend output

India says it has ample coal stocks for power sector

State-run Coal India Ltd is using its 40 million tonne stocks to replenish utilities, which together have 7.2 million tonnes of inventory, equivalent to four days' requirements, the ministry statement

China digs in on coal, crude oil gains as energy crisis deepens

Officials order more than 70 coal mines to ramp up production by nearly 10%

Auction process for 40 new coal mines to begin next week: Govt

The government on Friday said it will begin next week the next round of auction process for 40 new blocks for the sale of coal

Coal stocks at thermal power plants to increase in next 2-3 days

Coal stocks at thermal power plants will start increasing in another two to three days, according to an official in the coal ministry. The remarks come at a time when the country's power plants are grappling with coal shortage. "The situation has started improving from yesterday. In the next two to three days, coal stocks will stop depleting at the power plants and will start going up," the official said on the condition of anonymity. A Coal India official also said the company is making efforts to ramp up its supply to power sector with 1.5 million tonne per day in another few days from present 1.4 million tonne. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. He further said power plants did not pick up coal from CIL from October last year till February this year. "Power plants used their coal stocks and did not replenish them. They even did not adhere to the CEA guidelines of stocking the coal for 22 days. With rise in power demand, the demand for f

Govt amends rules to allow 50% sale of coal from captive mines

Move to benefit over 100 captive coal and lignite blocks with over 500 million tonnes per annum peak rated capacity

China orders banks to ramp up funding to boost coal, electricity output

Banks and other financial institutions should prioritize lending to qualified mines and power plants so they can increase thermal coal and electricity output

China relaxes coal mine safety norms on deepening energy crisis

A shortage of coal heading into winter has sent prices in China and around the world surging to record levels

Coal supply debate heats up ahead of festival season power demand

Since September 1, the number of power plants with less than eight days of coal has increased to 104, from 79

Ministry mulls scheme to allow coal block owners to surrender mines

The Coal Ministry is planning to come up with a scheme to permit coal block allottees to surrender mines that they are not in a position to develop due to technical reasons

Explained: Why China is facing a power crunch and what it means

A power crunch across China has rippled from factory floors to homes, crimping growth forecasts for the world's second-largest economy

Coal India to ramp up supplies to address utilities' fuel shortage

India's federal power ministry over a month ago flagged a coal shortage driven by rising electricity demand

Coal shortage deepens in India amid plunging plant inventories

Electricity demand from India's state distribution utilities rose more than 10% in July and 18% in August

Captive coal mine companies get seven days to increase production

The government has given seven days to captive coal mines companies to increase the production to over 85 per cent of their targets, an official release said on Monday.

Without stricter checks, directive to 'utilise' fly ash may prove futile

The latest notification does not address chronic problems of badly managed and risky disposal of fly ash by polluting units, say environmentalists