Page 4 - Coal Sector

Coal's share in India's power mix hits highest in more than two years

This year seasonal factors have limited output of renewables, including hydro electricity, which are weather dependent, helping coal's share to rebound

IEA chief backs India on coal, says no exit without financial aid

Lending his weight to India's stand on coal as an energy source, International Energy Agency (IEA) chief Fatih Birol on Wednesday said it won't be fair to ask developing nations to stop using coal without giving international financial assistance to make up for the economic challenge from such a move. Developing nations like India depend on coal for 60 per cent of their energy, and coal and associated sectors are major employment generators, he said at the Energy Horizons Leadership Dialogue organised by Council on Energy, Environment and Water (CEEW). Endorsing the Indian stand of it not being responsible for global pollution, Birol said, "climate change issue we have today, (that is) concentration of carbon in the atmosphere is not an issue of today. It is an issue of almost last 100 years." "And many countries, so-called advanced economies, came to this industrialised levels and income levels by using a lot of coal. These are the US, Europe, Japan," he said. India has maintained

Coal India's production and offtake remained subdued in February

Demand was weak in the month

ED attaches properties worth Rs 1.2 cr of JIPL in coal scam case

The ED has attached properties to the tune of Rs 1.2 crore of Jharkhand Ispat Private Limited (JIPL) in a coal block case

Coal sector to play vital role in achieving $5 trn economy: Amit Shah

Union Home Minister Amit Shah on Monday said coal sector will play a very important role in achieving the target of $5 trillion economy by 2022

L&T wins orders for supply of mining equipment to coal, cement sectors

S N Subrahmanyan, managing director and chief executive officer of L&T, said, these orders are a strong indication of the revival taking place in the mining industry

Govt launches website to support entities involved in R&D in coal sector

The government on Friday announced the launch of a website for entities involved in research and development (R&D) in the coal sector. The website, which has been designed and developed by Coal India subsidiary Central Mine Planning and Design Institute, was launched by Coal Secretary Anil Kumar Jain. "The website will help in disseminating and promoting the knowledge and research work in the coal sector," Jain said. The website broadly displays the guidelines for implementing coal research projects with various forms, so that anybody can submit proposals in requisite manner. It also has lists and outcomes of complete projects and ongoing researches to have a transparency and avoid repetitive nature of projects. It also showcases photos, videos and news clippings related to the coal and lignite sector, and various publications are also available on the website. The website also contains identified thrust areas for future coal research keeping in view the future needs of the ...

Goyal meets top brass of coal, power sectors to consolidate rlys' coal biz

Coal accounts for almost 50 per cent of the freight of the railways

Mamata opposes 100% FDI in coal sector, asks PM to reconsider decision

Coal India is of the view that as foreign companies enter India and start domestic production, it will help in reducing imports.

Auction for commercial coal mining begins with investor-friendly rules

There is effectively no strict eligibility criterion for participating in the auction. The companies/joint ventures should be registered in India.

CIL union asks workers to follow Covid-19 norms during June 10 agitation

Along with protest, the union has decided to submit a memorandum jointly to the Prime Minister through the head of the company/area and also through e-mail

Allowing pvt sector to mine and sell coal commercially is a mammoth task

The government plans to auction 50 mines immediately

Coal washing not mandatory for supply to thermal plants: Environment min

In a gazette notification on Thursday, the ministry amended the Environment Protection Act to drop mandatorily washing coal for supply to thermal power plants.

MSMEs to get loans at 9.25% under Centre's Rs 3-trillion package

100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 trillion to eligible MSMEs and interested MUDRA borrowers

Covid-19 impact: JSW Energy puts GMR Kamalanga acquisition on hold

In February, JSW Energy said it would acquire GMR's Kamalanga power project (1,050 Mw) in Odisha for Rs 5,321 crore.

Sitharaman announces commercial mining of coal on revenue sharing basis

Sitharaman said commercial mining will be done on revenue sharing mechanism instead of the regime of fixed rupee/tonne.

Core sector output shrinks by 6.5% in March amid coronavirus lockdown

March performance is worst in current series

Covid-19 impact: Demand, pricing pressures to weigh on Coal India

Costs unlikely to fall; does not bode well for earnings

Private sector companies seek 'level playing field' for coal block auction

There are about 80-100 coal blocks which are likely to be auctioned in multiple phases over the next few years

Private mining, finally

Decision to auction coal blocks to commercial miners is overdue