Page 13 - Coal

Coal India plans to substitute 80-85 mt of imported coal in current fiscal

Coal India Ltd is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal

Coal India sees a 3x surge in October e-auction volumes at 17 mn tonnes

The company said the spike is due to increased demand from the power sector and several unstructured coal buyers

Piyush Goyal holds discussions with top leadership of coal and power sector

Goyal held a meeting with top leaders of the coal and power sector to ensure consolidation of the coal business of Railways and to suggest ways to further improve the joint operational productivity

World Bank's IFC adopts climate rules to deter lenders from backing coal

IFC, which owns equity stakes in many large commercial banks in emerging markets, hopes the restrictions will trigger other investors to exit the coal sector

The Sebi-CERC turf war over control of trading in energy as a commodity

The stakes are indeed steep because international traders in this market are often massive entities who could swamp a regulator with little experience

Coal India e-auction fuel allocation rises 21.5% in to 19.76 MT in June qtr

In the corresponding quarter a year ago, the fuel allocation by the PSU under all the four windows of e-auction was 16.26 MT

Coal India sees 'uncertain' July-Sep as some states still under lockdown

The state-owned miner produced 18.05 MT of coal from July 1 to July 16 against 19.61 MT produced in the same period last year

FDI norms to be eased further, other economic reforms in pipeline: Goyal

The minister said that new industrial policy and forest policy would be brought out soon, along with further forms in the mining sector

German Parliament finalising long-awaited plan to phase out coal energy

Germany is already phasing out nuclear power and the government envisions greater reliance on renewable energy as well as hydrogen and natural gas in the future

Is the spot market mechanism the panacaea for the slack in energy sector?

While benefits in supply and pricing are likely to accrue to the consumer with the activation of energy exchanges, certain grey areas need to be addressed

India will reduce imports, turn Covid-19 crisis into opportunity: PM Modi

The Prime Minister also highlighted that India does not export coal but is the world's second-largest coal-importer

FM gives reforms pill for ailing economy with privatisation, policy tweaks

In the latest announcement, the government's focus was on structural reform in sectors such as coal, minerals, aviation, defence, aerospace, power, and social infrastructure

Coal reforms much needed, but statutory implementation hurdles remain

With the abundant inventory within India, there's a clear a need to reduce imports, especially thermal coal, imports of which were around 200 million tonnes last fiscal

Vedanta banks on Jamkhani coal block to lower aluminium production cost

Once operational, the coal block will save power costs by 10-15%, get company closer to its avowed aluminium Cost of Production of $1,500 per tonne

India 2019 thermal coal imports rise 12.6% to nearly 200 mn tonnes: Govt

India imported 51.33 million tonnes of coking coal in 2019, down from 51.63 million tonnes in 2018, the data showed

CBI takes over investigation in Barak Valley coal scam case of Assam

The case was recommended for a CBI probe by Assam Chief Minister Sarbananda Sonowal in 2018

Coal imports at 12 major ports down 15% to 75 MT in April-Jan: Report

Imports of coking and other coal recorded a rise of 1.10 per cent at 47.08 MT during the period

India aims to be self-sufficient in coal production by 2024: Pralhad Joshi

Joshi said India stood fifth in terms of coal reserves and the Centre was working towards achieving self-sufficiency in coal production

Defining moment for India's coal

India must find its own sources of funding

Govt to stop substitutable coal import; may auction explored blocks: Joshi

Centre can go for auction of 100 fully explored blocks, said Joshi