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Tag: Coal India Ltd
CIL mines re-graded to fix slippages| Coal Secretary Susheel Kumar
All mines of Coal India Ltd have been re-graded following complaints from consumers, including power sector players, about the slippages in fuel grade, according to a top official.
“It is a deliberate policy to re-grade all the mines because I was g
Coal bed methane production up 44percent in last fiscal
The countryÂ’s production of Coal Bed Methane (CBM) has grown more than 44 per cent last financial year, to around 565 million standard cubic metres (MMSCM) as compared to 393 MMSCM in 2015-2016. This will help curb IndiaÂ’s dependence on imports for energy supply.
High Court upholds decision to cancel JSPL coal block
The Delhi High Court has upheld the government's decision to reject winning bids submitted by Naveen Jindal-led Jindal Steel & Power Ltd for two coal blocks.
India has 80 MT of coal stocks at power plants and mines
India has total coal stocks of 80 million tonnes (MT) at its power plants and coal mines put together at the end of February, thanks to the ongoing slump in the demand for power from distribution utilities and the low capacity utilisation of thermal power stations.
India keen to buy foreign coking coal assets
Coal India Ltd plans to acquire coking coal assets abroad as India lacks the technology to economically develop local reserves, Coal Minister Piyush Goyal has said.
Digging Deep
In the early 1970s, the Government of India took over the management of coal mines in two tranches. The process kick-started with the nationalisation of coking coal mines in 1971-72, followed by non-coking coal mines the following year. With the enactment of the Coal Mines Act, 1973, all mines were nationalised.
CIL production up 0.2%
Coal India Ltd has reported that its coal production grew by 0.2 per cent to 230.06 million tonnes (MT)
Coal India production up 0.2% in April-September
Coal India Ltd (CIL) has reported that its coal production grew by only 0.2 per cent to 230.06 million tonnes (MT) in the April to September period as compared to 229.54 MT of coal produced in the first six months of the last fiscal.
Coal price increase may push up power tariffs
With a hike in coal prices and levy of coal terminal charge, electricity consumers may end up paying more as discoms increase tariffs to counter the hike. This is due to the hike in coal price.
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