Coal India (CIL) is on its path of modernisation. It has adopted modern technologies for coal mining and proposed to further modernise mining operations in its mines.
Tag: Coal India
Post
Post
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.
Post
Govt identified 3 blocks for Coal-to- Liquid projects
In order to develop coal liquefaction or coal-to- liquid technology, three coal blocks viz. north of Arkhapal, west of Radhikapur and Ramchandi promotional would be developed. These blocks, which have about 1,500 million tonne of geological coal reserves each, were identified by the Ministry of coal in consultation with Coal India (CIL) and central mine planning & desig
Post
Govt asks CIL to supply coal for another 18K mw plants
The government has asked Coal India to supply fuel to an additional 18,000 megawatts of new thermal power capacity that will come up by March 2015, but the state firm feels it will not need to supply any additional coal.
Extra coal supplies may not be really required. CIL has been given to understand that the extra 18,000 mw that has been added to the list of supplies are not likely to come up before the deadline of March 2015. Beyond the deadline we do not know yet, CIL Chairman S Narsing Rao
Post
CIL to raise efficiency by installing GPS system
By March 2014, Coal India (CIL) plans to install GPS-based system for tracking transportation of coal and thereby improve efficiency at its major mines. The system is intended to prevent theft of coal and increase productivity.
Post
Exploring new options
The exploration capacities of PSUs and the state governments are almost utilised. Dilip Kumar Jena and Bhavesh Singhavi recommend why we should study the best practices in Canada and other mining-rich countries while engaging the private sector.
Post
Shipping Corp struggles to improve its financials
To improve its financial status, the Shipping Corporation of India (SCI) has signed several MoUs with its public sector undertaking peers such as Coal India, ONGC, SAIL and Gail India. SCI has been striving to take advantage of the pacts. For now, its financials continue to be under stress. SCI is yet to form joint ventures with Coal India and Oil and Natural Gas Corporation which could have provided the firm with assured cargo and revenues. SCI has not acquired vessels yet for operation as per
Post
Govt to hire consultant to restructure Coal India
Government is in the process of hiring an external consultant to advise on the restructuring of Coal India (CIL) for a long term sustainability roadmap. The government is learnt to have shortlisted nine consultants for the purpose. Meanwhile, agency reports quoted Coal Minister Prakash Jaiswal as saying that he was not in favour of splitting the state-run CIL. The minister has reportedly said
Post
CIL raises prices by 5%, power tariffs may go up
Coal India (CIL) has increased prices by 4.7 per cent on average, a move that power producers say is likely to lead to an increase in power tariffs by 7 paise per unit to 45 paise. CIL on Tuesday reduced prices of two premium varieties of coal by 12 per cent while increasing prices of the rest, barring one, by 10 per cent. It had last increased prices in January 2011.
Post
Coal India to cut supplies to CPPs
Coal India (CIL) is considering a reduction in coal supplies to captive power plants (CPPs) operated by energy intensive industries, which account for 15 per cent of the country's power generation capacity.