Page 8 - Coal

JSPL plans to set up India's second coal gasification plant at Raigarh

The company is already using the coal gasification technology to produce steel at its plant in Angul, Odisha

Fresh coal crisis looms in India as top miner adds new curbs

Coal India is restricting deliveries to industrial consumers to prioritise power plants, with fuel stockpiles already below target levels and the country heading into a traditional summer demand peak

European Union proposes Russian coal ban in new sanctions

Russian coal would be easier to replace than Russian gas because coal comes by ship and there are multiple global suppliers

Cost savings, higher volumes and lower valuations strengthen JSPL outlook

In the near term, JSPL has won contracts in Europe filling the gap caused by Ukraine War. In the longer term, it hopes capacity expansions will boost volumes, making up for possibly lower realisations

Best of BS Opinion: Reform reversal, the NPS challenge, and more

Here are the Best of BS Opinion for the day.

Andhra Pradesh cancels Adani bids to supply imported coal: Report

India's southern Andhra Pradesh has cancelled bids made for two separate tenders by India's Adani Enterprises to supply imported coal as the prices quoted were too high

India's March electricity shortage is the worst since coal crisis in Oct

The energy hungry nation has seen a surge in power demand in recent days, forcing India to cut coal supplies to the non-power sector

India cuts coal supply, puts hold on auctions as inventories slump

Coal India told Reuters that its supplies to the non-power sector were in line with its average over the "past few years", without elaborating

Ministry of Coal puts 122 mines under commercial auction process

The Ministry of Coal on Wednesday said it has put on auction 122 coal and lignite mines under the commercial auction process. Addressing the fifth tranche of auction launch, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi said 42 coal mines have already been auctioned successfully so far. In a statement, the ministry said it "has placed on offer 122 coal/lignite mines today under commercial auction of coal mines, including 18 new coal mines." Sharing the details of mines under different tranches for auction, it said there are 109 coal mines under 15th Tranche of Coal Mines (Special Provisions) Act, 2015 and 5th Tranche of Mines and Minerals (Development & Regulation) Act, 1957. Of the 109 mines on offer, 59 are fully explored mines and 50 are partially explored mines. Four coal mines are under second attempt of 14th Tranche of Coal Mines (Special Provisions) Act, 2015 and Second Attempt of 4th Tranche of Mines and Minerals (Development & ...

CIL allays supply shortfall fears, says making efforts to meet coal demand

Allaying fears of coal supply shortage, state-owned Coal India on Monday said it is concentrating its efforts to meet the projected demand of the power sector on priority basis.

Coal prices may stay elevated throughout FY23, says ICRA

With international coal prices increasing further now, this trend in likely to continue in FY23 as well, putting pressure on domestic miners to ramp up production

Aluminium plants receive fewest coal rail rakes in six months

The industry got an average of 18.4 coal-laden carriages a day in the first half of March, the lowest since the 17.8 rakes it received in September

India needs 1.3 to 1.5 billion tonnes of coal by 2030

The government on Wednesday informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030.

More rakes to power sector poised to hit key infrastructure: Railways

The ministry is of the view that "any more curtailing will cause crucial infrastructure industries to suffer."

India's Russian coal imports could be highest in over two years in March

Russia could start offering more competitive prices to Chinese and Indian buyers as European and other customers spurn Russia because of sanctions, traders said

India's coal imports fall 8.76% in Feb, domestic production rises

The price of coal in the global market touched a record high of $400 per tonne last week, due to the Russia-Ukraine war

Australia helps allies seeking to replace Russian coal amid Ukraine crisis

The Australian government is helping coal importing nations find alternatives to Russia for supplies by connecting them with local producers, a government spokesperson said on Thursday

Govt plans new digital infra to support domestic coal mines operations

Technological advancements in coal mining are also making operations more productive.

Coal India fuel supply reaches 575 million tonnes so far this fiscal

State-owned CIL has supplied 575 million tonnes (MT) of coal so far this fiscal, surpassing the total dispatch of dry fuel in 2020-21.

Coal sector faces challenging H2 as imports fall, global prices spike: CIL

State-owned CIL on Friday said the second half of the current fiscal year has remained tough for the country's coal sector with decrease in coal imports and tripling of international coal prices.