In the first four months of this fiscal, India's coal imports jumped 32 per cent. India imported 58.3 million tonne of coal between April and July, against 44.2 million tonne in the corresponding period last year.
Category: Coal & Mining
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CIL plans Rs50 bn Investment
Coal India (CIL) has earmarked Rs 50 billion for capital expenditure on its domestic operation during 2013-14. Also, the monopoly coal producer made an ad-hoc provision of Rs 40 billion for acquisition of assets abroad
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CMPDI Drills Mines for Coal Exploration
Till July 2013, the Central Mine Planning & Design Institute (CMPDI) carried out 2.16 lakh m of drilling for coal exploration compared to government's set target of 9 lakh m.
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Gangavaram to add 2nd Coal Terminal
To handle capsize vessels up to 200,000 DWT, Gangavaram Port will have an additional fully mechanised coal terminal. Adding of the coal terminal is part of the port's Rs 1,200 crore ongoing expansion.
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Coal banking referred to law ministry
The proposal of coal banking arrangement, which was mooted by the Association of Power Producers (APP), has been referred to the Union Law Ministry for its opinion. According to APP, this could increase the doĆĀ”mĆĀ”esĆĀ”tic supply and thereby reduce imports.
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Report on PPP policy in coal mining
By December 2013, government expects a nine-member panel to submit report on devising public-private-partnership (PPP) framework in the coal mining sector. In March 2013, the government set up the panel under the chairmanship of Coal Secretary SK Srivastava to devise PPP framework
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Govt is striving to give CBI all documents in coal blocks case
The Union Coal Minister Sriprakash Jaiswal has stated in the Rajya Sabha recently that the government will make every effort to locate and supply the additional documents required by CBI regarding allocation of coal blocks. Coal Ministry has already handed over 769 files and other documents consisting of more than 1,50,000 pages to CBI. He said that an Inter Ministerial Committee headed by Additional Secretary, Coal has been constituted to locate the documents which are not readily available in
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Govt striving for allocation of coal blocks: Minister
Union Coal Minister, Sriprakash Jaiswal on August 20 said that the government will make every effort to locate and supply the additional documents required by CBI regarding allocation of coal blocks. Coal Ministry has already handed over 769 files and other documents consisting of more than 1,50,000 pages to CBI.
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Govt expects report on PPP policy in coal mining by Dec
By December 2013, government expects a nine-member panel to submit report on devising public-private-partnership (PPP) framework in the coal mining sector. In March 2013, the government set up the panel under
the chairmanship of Coal Secretary SK Srivastava to devise PPP framework
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Govt asks CIL to sign coal supply pacts for 78,000 mw
The Coal India (CIL) and its subsidiaries have been directed to enter into fuel supply pacts with the power firms for a capacity of 78,000 mw by this month-end. The Union Coal Ministry had issued a presidential directive to CIL directing it to sign FSAs for about 78,000 mw. Earlier, CIL was asked to sign FSAs for 60,678 mw capacity which was the projected requirement for 131 power plants commissioned or to be commissioned by March, 2015, say media reports.