Coal demand in India to increase to 1,123 mt by 2023: Report
Tag: Coal Block
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Coal ministry to allocate alternative block to Odisha
The Coal Ministry has agreed to OdishaĆĀ“s proposal to allocate an alternative coal block to Odisha Thermal Power Corporation Ltd (OPTCL) for its 2,400-MW coal-based power plant proposed near Dhenkanal.
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States receive Rs.582 cr from coal block auction so far
Six state governments have received a total of Rs.582 crore from 31 coal blocks that have been auctioned so far
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We will reach the target of 1 billion tonne per annum by 2020
It will be a game changer in the sense of providing a platform for transparent auctions of coal blocks. These blocks were earlier allocated in such a manner that the Supreme Court and other agencies had concerns over its allocations, leading to its cancellation.
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Coal auction proceeds to cross Rs.2 lakh crore
Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAGĆĀ“s estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction during the UPA regime.
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Power Play
The power sector had been facing serious challenges over the past few years. The key issues pertain to shortfall in supply of coal and gas, delay in clearances for projects and the declining financial health of electricity distribution utilities.
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Two more thermal power plants in Karnataka
Karnataka is planning to set up two new thermal power plants to address the increasing demand for power in the coming years. The state minister for energy DK Shivakumar said the government was trying to identify land to set up the proposed power plants.
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Coal ministry justifies allocation of blocks to captive miners
Union coal ministry justified the allocation of coal blocks to private captive coal miners on grounds that Coal India and other public sector agencies could not meet the demands from private power generators. Therefore, the government had no alternative but to allot captive coal blocks "if it wanted to ensure spee
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Following the wrong map?
Exploration companies have frequently found that governments in mineral-rich countries and states promise much higher yields than are actually available, writes A Shivkamal, and explains how GIS mapping can help with accuracy and also stem illegal mining.