On account of revision in dry fuel prices, Coal India (CIL) is likely to get an extra revenue of Rs 2,119 crore in this fiscal. CIL has revised and rationalised the basic notified prices of all the grades of non-coking coal except GI, G2 and G5. The estimated additional revenue due to revision of basic notified price for the current financial year is Rs 2,119 crore.
Category: Coal & Mining
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One step closer to clean coal
Global energy services solutions provider GSE Systems is currently working on Phase II of a multi-phase project with Babcock and Wilcox Power Generation Group (B and W PGG) to supply an engineering simulator for the first-of-a-kind power plant design, FutureGen 2.0 project. The FutureGen 2.0 will be a near-zero emissions coal-fueled power plant using oxy-combustion technology.FutureGen 2.0, funded by the American Recovery and Reinvestment Act overseen by the US Department of Energy, will retrofi
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MPT turns adverse situation into a biz opportunity
Though mining in Goa has been banned, the Mormugao Port Trust (MPT) has successfully turned the adverse situation into its favour by attracting new cargo to the port. The port said that now it expects tremendous amount of cargo from neighbouring states into through the MPT.
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Thermal coal imports via major ports up by 36%
The 12 government-owned major ports in the country handled around 5.5 mt of imported thermal coal, which is up by 10 per cent on the year, while coking coal imports rose 21 per cent to 3.4 mt, says latest data by Indian ports Association (IPA).
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APSEZ completes Rs 400 cr coal import terminal at Vizag port
The Rs 400 crore steam coal import terminal at Visakhapatnam port has been completed by Adani Ports and Special Economic Zone (APSEZ). APSEZ is IndiaĂâs largest port developer and part of Adani Group. The terminal project has been completed 8 months ahead of schedule.
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Govt says coal demand may not exceed 60,000 mw capacity
The Union Coal Ministry has told the Coal India (CIL) that the requirement of coal under the fuel supply agreements would not be for more than 60,000 mw by 2015 due to various reasons, including slippages in the schedule for commissioning of projects.
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Tribals’ interest to be protected while mining: Govt
Union Minister of Mines, Dinsha Patel has said that the National Mineral Policy, 2008 states that mining activities will be undertaken so that special care is paid to protect the interest of host and indigenous (tribal) population through developing models of stakeholder interest based on international best practice.
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India, Japan examine to buy LNG jointly
To hammer down high prices of liquefied natural gas (LNG), India and Japan have come together to buy the fuel jointly. India and Japan are the two biggest buyers of LNG in the world. India's Oil Secretary Vivek Rae said this on the sidelines of the 8th Asia Gas Partnership Summit in Delhi.
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India, Japan examine to buy LNG jointly
To hammer down high prices of liquefied natural gas (LNG), India and Japan have come together to buy the fuel jointly. India and Japan are the two biggest buyers of LNG in the world. India's Oil Secretary Vivek Rae said this on the sidelines of the 8th Asia Gas Partnership Summit in Delhi.
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Economy grows sub-5% in July-September quarter
Union government's data shows that IndiaĂâs economy expanded 4.8 per cent in July-September, the fourth straight quarter of sub-5 per cent growth. The major drags for this were slower expansion of government-supported services and continued contraction in the country's mining sector.