Over the next two decades, governments are collectively projecting an increase in oil and gas production, and only a modest decrease in coal production
Total capacity under outage has reduced from to 6 Gw on October 13 from 11 Gw a day earlier
For the first time in decades, supply was lower than consumption for four straight years till 2020
Futures gain 9% to intra-day record of $254.3/ton
Officials order more than 70 coal mines to ramp up production by nearly 10%
The endemic supply shortage for thermal power plants offers the chance to transition to gas
CHENNAI (Reuters) -India has urged utilities to import coal as coal-fired electricity generation surged in Asia's third largest economy after an easing of coronavirus-related curbs, with several power plants on the verge of running out of fuel.
State-owned CIL produced 42.6 million tonnes of coal in August, registering an increase of 14.6 per cent over the corresponding month of the previous fiscal.
Pramod Agrawal says the company has been able to increase their average daily production to 1.45 MTs, during the past week
Coal India arm Northern Coalfields Ltd dispatched the highest ever coal in a single day on August 27
India's total coal production registered a marginal decline of 2.02% to 716.084 million tonnes during the last fiscal year
The development assumes significance as the current inventory of coal behemoth is little over 70 million tonnes (MT).
The world's coal producers are currently planning as many as 432 new mine projects with 2.28 billion tonnes of annual output capacity putting targets for slowing global climate change at risk.
International Energy Agency's (IEA) India energy outlook said India would need a massive investment of $1.4 trillion if it were to aim for net zero by mid 2060
The firm's overall expenditure declined by 3.3 per cent in the first nine months of the ongoing fiscal
The Maharatna PSU will cross the 650 million tonne production mark during the 2020-21 financial year, he said
Fuel allocation by CIL under the scheme also increased to 4.09 MT in November, from over 3.58 MT in the corresponding month of 2019
Production during April-November 2020 increased to 334.5 MT, over 330.4 MT in the corresponding period of 2019-20, it added
In an interview with Shreya Jai & Jyoti Mukul, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi argues why coal production cannot be sacrificed at the altar of environment
Expenses during the quarter increased to Rs 18,177.82 crore, over Rs 17,734.44 crore