Page 10 - Coal

Seven firms, including JSW Steel, submit bids for coal blocks

JSW Steel and Adhunik Power & Natural Resources are among seven companies that have submitted bids for four coal blocks put up for sale under "second attempt" of auction process for 11 mines for commercial mining. These coal mines were also offered in the first attempt launched on March 25 this year and had fetched single bids. "A total of 7 companies have submitted their bids in the auction process," the coal ministry said in a statement. The seven firms are Auro Coal Pvt Ltd, JSW Steel, MP Natural Resources Pvt Ltd, Adhunik Power & Natural Resources, Assam Mineral Development Corp Ltd, Virtuous Mining Ltd and Twenty First Century Mining Pvt Ltd. Total seven bids were received by the ministry for four coal blocks namely Beheraband North Extn, GondbaheraUjheni East, Lalgarh (North) and Tokisud Block II. "A total of 7 bids have been received for 4 coal mines," the ministry said. The online bids were decrypted and opened electronically in the presence of the bidders, it ...

Coal transition can impact over 13 mn people's livelihood in India: Study

More than 13 million people employed in coal mining, transport, power, sponge iron, steel, and bricks sectors will be impacted due to the impending coal transition, a new study finds

Did India fail COP26 or take a step forward in the right direction?

COP26 climate summit ended with India and China forcing an replacement of the word 'phase-out' with 'phase-down' in relation to coal in the final draft. What was behind India's move? Let's find out

14 million tonnes per day: Why India and China won't quit coal

Coal not only remains crucial to their current energy needs but it looks set to have a role for decades to come

Coal stocks lose ground after Glasgow climate deal to reduce fuel's use

U.N. climate talks in Glasgow ended on Saturday with a deal targeting fossil fuel use

Glasgow summit: India has its way in COP26 deal on coal usage

The Glasgow Climate Pact is the first-ever UN climate deal to plan to reduce coal usage

China resists COP26 push to end coal as energy security prevails

Beijing is also pushing back against a proposal at COP26 to urge governments to revise their official climate plans by the end of next year

COP26 draft decision shifts the goalpost on climate financing

Sticks to $100 billion figure, no separate loss & damage fund proposed; calls for phasing out coal

Amid mounting dues, Coal India's price hike plan likely to be delayed

Coal India's plan to raise prices is likely to be delayed as it has failed to secure the nod of key stakeholders amid an outstanding of Rs 24,000-25,000 crore pushing company in a tough situation

China's daily coal output near annual high, govt continues crackdown

The most-traded January contract of thermal coal fell 0.4% to 936 yuan a tonne as of 1409 GMT on Thursday night.

COP26: Countries pledge to phase out climate culprit coal in new pact

Poland, Vietnam and Chile among those pledging to phase out fossil fuel for first time

Coal in the crosshairs as UN climate summit stirs clean energy pledges

Planned announcements are meant to help speed a transition to cleaner forms of energy that scientists and world leaders say are needed quickly to slash greenhouse gas emissions

China coal prices claw back after Beijing signals pacing down price drive

Traders took cue from a meeting earlier on Wednesday as the country's top economic planner told miners and power plants that prices should not fall too much too fast

Glasgow COP26: There's little risk for coal investors on road to 2070

The PM said India would have 500 Gw of renewable energy capacity by 2030 and that 50 per cent of the country's energy demand would be met from non-fossil fuel sources by that year

In the dark: Stress test for the coal economy in India to meet demand

The mechanics of production and supply logistics suggest that power producers will struggle in the coming year too

NTPC invites bids for importing 2 million tonne coal

Since August, coal stock levels at thermal units have dwindled

Coal supply prioritised temporarily to power sector to replenish stock: CIL

State-owned CIL on Tuesday said the supply of coal was prioritised temporarily to power producers to replenish their dwindling stock of the dry fuel. The statement assumes significance in the wake of the country's power plants grappling with fuel shortages. "In view of the low stock position at the power house end due to a spurt in economic activities during post-second wave of COVID-19, the supply of coal was prioritised temporarily to the power sector to replenish their dwindling coal stock," Coal India Ltd (CIL) said in a statement. To achieve the same in the quickest possible time, coal companies were advised only to go slow temporarily on conducting further e-auction of coal, barring the special forward e-auction for power. "This was a highly transitory measure to tide off the current high demand scenario in the power sector and normalcy will be restored soon," the filing said. Coal Minister Pralhad Joshi on Tuesday discussed ways to improve coal stocks at thermal power plant

Coal, railway, power ministers discuss coal supply at power plants

Coal minister Pralhad Joshi on Tuesday discussed ways to improve coal stocks at thermal power plants with railway minister Ashwini Vaishnaw and power minister R K Singh. The meeting comes against the backdrop of power plants grappling with coal shortages. "Held virtual meeting with Ministers @AshwiniVaishnaw ji & @RajKSinghIndia ji, along with officers of @CoalMinistry, CMDs & officials of coal companies. We discussed improving coal stock at thermal power plants & resolved our commitment to fulfill energy demands of the country," Joshi said in a tweet. The coal minister also reviewed the performance of Coal India arm Northern Coalfields Ltd (NCL) and directed it to ramp up production and load at least 34 rakes of the dry fuel daily. "Reviewed @NCL_SINGRAULI today, with the company CMD. Directed NCL to ramp up coal production and load at least 34 rakes per day. After this, will be visiting coal mines of NCL to interact with employees & motivate them to scale up coal ..

Aluminium firms draw costly power from grid, hurting utilities low on coal

A crippling shortage across the country has pushed state-run Coal India to impose temporary supply curbs to non-power consumers

East Coast Railway supplies record 66 rakes of coal in a single day

East Coast Railway on Monday said it has set a record in single-day coal loading