Page 12 - Coal

Coal crisis for thermal power plants now could be good news for India later

The endemic supply shortage for thermal power plants offers the chance to transition to gas

Top headlines: Moody's upgrades India's outlook; Vedanta eyes Hind Copper

Business Standard brings you the top headlines on Tuesday

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

Coal crunch: 64 power plants left with less than 4 days of dry fuel stocks

Power Minister R K Singh had reportedly termed the coal shortage as way beyond normal

Coal ministry sets up panel to review timelines for project execution

The Coal Ministry on Friday said it has constituted a panel to review and benchmark the timelines in project execution, including tendering process by examining tenders having a value of more than Rs 300 crore of CIL, its subsidiaries and other PSUs. The committee has been set up with a view to suggest a robust and efficient set of timelines and whether statutory clearances may be obtained prior to issuing tender, the coal ministry said in a statement. "The Ministry of Coal has set up a committee today under the chairmanship of Joint Secretary & Financial Advisor comprising of representatives from NTPC, IOCL, PGCIL and Director (T), ECL as member secretary for review and benchmarking the timelines in project execution including tendering process by examining tenders having value of more than Rs 300 crore of CIL (Coal India), its subsidiaries and other PSUs," the statement said. Coal India accounts for over 80 per cent of domestic coal output. The company is eyeing one billion ...

Explainer: Why is India facing a massive coal supply shortage?

Coal accounts for over 70% of India's electricity output, and utilities account for about 75% of India's coal consumption.

China energy crunch triggers shutdowns, pleas for more coal

For the second straight day, the main state grid operator sought to reassure customers, saying it would work to guarantee coal supply

CIL signs pact of Rs 1,880 cr for commercial extraction of coal bed methane

State-owned CIL on Monday said that its arm Bharat Coking Coal has signed contract worth Rs 1,880 crore with Prabha Energy for commercial extraction of coal bed methane.

Decent gains ahead in Coal India stock as power demand picks up

With business conditions improving, analysts expect 15-20% upside in share price of India's largest coal miner

BHEL demonstrates tech to create methanol from high ash coal

State-run engineering firm BHEL has successfully demonstrated a facility to create methanol from high ash Indian coal, an official statement said on Thursday.

Produce more coal or no supply from CIL: Govt warns captive mine owners

Mine owned by private companies falling short on their production, observes ministry; warning comes in wake of country's thermal power units facing coal shortage

Govt looks at easing coal stock rules to address fuel shortage

In an attempt to address issue of coal shortage being faced by certain thermal power stations, govt looks at easing coal stock rules to allow diversion of fuel to stations having critical supply

Aluminium industry staring at 3-5 day coal inventory amid CIL's supply cut

The aluminium industry CPPs signs FSA with Coal India and its subsidiaries for assured long term coal supply

Core sector output rises 8.9% YoY in June, sequential growth 1.1%

In June 2020, the core sector output contracted 12.4 per cent due to the restrictions imposed across the country to control the spread of Covid-19

Retiring older coal-generation assets could save Rs 37,750 crore: CEEW

The report said out of India's total installed capacity of 300 Gw, some 35 Gw of coal-based power plants can be decommissioned on priority

India can fulfil 50% coking coal requirement from Russia: JSPL MD

India can fulfil its 50 per cent requirement of coking coal from imports from Russia, a top industry executive has said. On Wednesday, the Union Cabinet chaired by Prime Minister Narendra Modi approved a pact between India and Russia regarding cooperation on coking coal. At present, for sourcing of the key steel making raw material, domestic players remain dependent on imports from a select group of countries. V R Sharma, Managing Director of Jindal Steel and Power Ltd (JSPL), said "the government has taken a farsighted decision to encourage Russian miners to supply coking coal to Indian steel mills. India can import at least 50 per cent coking coal from Russia and balance from other countries." "This will make the cost effective blend of coking coal for making metallurgical coke." Around 85 per cent of India's coking coal demand is met through imports. The cooperation with Russia will help India reduce its dependence on far-located countries like Australia, South Africa, Canada a

NGT asks Chhattisgarh to construct road for transporting coal from mines

The National Green Tribunal has rapped the Chhattisgarh government for not constructing a road for transporting coal from mines to thermal power plants to minimise air pollution. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel directed the chief secretary, Chhattisgarh to ensure necessary action on the part of departments concerned on the subject of construction of road and providing health care facilities and drinking water to those affected by air pollution in the area. The State Board should prepare a list of areas where unscientific disposal of fly ash has taken place and generate data about the quantity of the coal mined, used in industries and available for thermal power plants," the bench said. Steps need to be taken expeditiously for development of health facilities, constructing necessary road from Raigarh to Dharamjaygarh and from Punjipatra to Milupara, disposal of fly ash in abandoned coal mines and constitution of State Level Committee to look into scientif

Coal India's e-auction sales up 52% YoY in April-May, as demand rises

Firm posts 16% add-on over notified price during April-May 2021 versus 7% in same period last year

Getting real about coal and climate

A document from the United Mine Workers offers reason to hope

No early end to India's love for coal despite climatic commitments

While home minister Amit Shah sees it as critical to India's goal of becoming a $5-trn economy, coal plays a crucial role in the politics of the Centre and eastern states too