Coal Sector

Power play in the coal economy: Tracking Chhattisgarh unofficial levy row

The scandal over an unofficial levy in Chhattisgarh reflects the shortage that is afflicting the economy and a walk-back from market-friendly reforms

Mines ministry in process of identifying mineral blocks in sea: Secretary

The government is in the process of identifying mineral blocks like nickel in the sea and would gradually put them on sale, mines secretary Vivek Bharadwaj said on Friday. The mines ministry is amending the Offshore Areas Mineral (Development and Regulation) Act, 2002 and has sought the stakeholders' views on the same. "Because the critical minerals are becoming even more critical, there is this thought that why are we not mining in the oceans...Unfortunately we have not been able to mine the oceans. Now we are amending the Act. It is in public domain, open for comments for the industry, the stakeholders," the mines secretary said during Metal & Metallurgy Expo-2023 organised by CII. The ministry, he said, is in the process of identifying these blocks in the sea and as there are no stakes in there, the auction will be done by the government of India. "That will also be a huge opportunity for industry, a totally new area of operations," he explained. Critical minerals such as ...

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 pensioners protest in capital, demand review of pension scheme

Agitators seek dearness relief as scheme component to ensure equitable pension; want adherence to provisions of CMPS 1998 on review and revision of pension every three years

Railways ferries 124-mt freight in Nov, clocks 5% rise since last year

Officials peg FY23 freight between 1500-1550 mt

Core sector output growth slows to 20-month low of 0.1% in October

Output accelerated by only 0.1% in October; 4 of 8 core industries reported production contraction

Coal import to be stopped by 2024, says Pralhad Joshi

Coal minister Pralhad Joshi on Thursday said that the import of dry fuel which has declined considerably will be stopped by 2024. Speaking at an event at the office of the Comptroller & Auditor General of India here to release a 'Compendium of Asset Accounts on Mineral and Energy Resources', the minister said commercial coal mine auction which was institutionalised by the present government has made the auctioning process totally transparent. Joshi also complemented CAG's office for bringing out the first ever compendium of asset account on mineral assets of the country. The minister said that the report presents comprehensive picture of the mineral resources spread across different states in the country. He said that the compendium will help in further strengthening sustainable mining process which is of great importance for ecology and future generation. Collating the information of the state asset accounts, the government accounting standards advisory board has prepared the ...

Action plan in place to ensure adequate coal availability during monsoon

The Union coal ministry is confident that till September-end, there will be 9-10 days of coal stock at the power units

Top headlines: Railways-coal sector rift continues, 5G phones for Rs 10,000

Business Standard brings you the top headlines at this hour.

India turns to expensive foreign gas to ease its power supply crunch

While natural gas makes up just a small portion of India's power mix, a scarcity of coal and hot weather has triggered scheduled blackouts, threatening to upend the economy

India sets end-June as coal import target as power crisis mounts

The move can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April

Power giant NTPC rushing back to coal as India's energy crisis worsens

NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha

Decoding the link between coal policy changes and the power crunch in India

Coal supply reforms are medium term, but they have created an immediate surge in demand. The result is a power crisis

Coal stocks at non-pithead plants low at 26% of normative level

The peak power demand met was around 167GW while the peak shortage of electricity was 0.63 GW on April 22, 2021.

Current power crisis due to sharp fall in generation, not coal shortage

The current power crisis is mainly on account of sharp decline in electricity generation from different fuel sources and not due to non-availability of domestic coal, a top official said on Sunday.

Top industrial states plan to import 10.5 mn tonnes of coal to beat crisis

The move by India, the world's second largest coal importer, could lead to a further increase in global prices, which are already trading near record highs

No shortage of coal in the country, says minister Pralhad Joshi

India's imports of non-cooking coal fell to 125.61 million tons during the April-January period of the current financial year, which is 23.33% lower compared to the corresponding period of last fiscal

Aluminium Association of India seeks PMO intervention on coal supply issues

The letter has been prompted by a recent adhoc decision by state-run CIL to further curtail road and rake supplies of coal to the non-power sector, without any advance notice

Rs 745 cr collected from coal, other minerals in last 3 years: Minister

Over Rs 754 crore was collected as revenue from coal and other major minerals during the last three years, Meghalaya Commerce and Industry Minister Sniawbhalang Dhar told the state Assembly

Global coal prices at record high, to increase India's import bill

The ongoing conflict between Ukraine and Russia is likely to have a bearing on the supply of thermal coal