COAL
Coal India's production rises over 2 pc in Apr-Nov
Coal India's coal production increased by 2.4 per cent to 471 million tonnes from April to November. The company's production in November rose by 1.7 per cent to 67.2 million tonnes. Coal offtake also rose by 1.5 per cent to 492.6 million tonnes in the same period. Production for 2023-24 was 773.6 million tonnes, short of the 780-million-tonne target.
Overall coal production hits 90.62 million tonnes in November 2024: Coal Ministry
India's coal production reached 90.62 million tonnes in November 2024, a 7.20% increase from last year. Production from captive entities also rose significantly by 37.69% year-on-year. Additionally, coal dispatches recorded steady growth, reflecting India's efforts towards self-sufficiency and reduced reliance on imports, despite a continued need for certain types of coal.
Coal Mines: NLC, ACC among eight top bidders
Eight companies, including NLC India, ACC, and JSW Energy Utkal, secured coal blocks in India's tenth commercial mining auction. NLC won the New Patrapara South block, ACC secured Sarai East (South), and JSW Energy Utkal won the Bartap mine. The auctioned mines hold about four billion tonnes of geological reserves and are projected to generate ?1,446 crore in annual revenue.
Coal to remain crucial, green capacity to grow in India: Moody's
India anticipates a 5-6% annual power demand surge, necessitating 40-50 GW of new coal-based capacity over the next five to six years. Coal will remain a primary electricity source for 8-10 years, despite a growing renewable energy share. This aligns with the Asia Pacific trend, where thermal generation continues to meet rising power demands.
Coal India plans to develop 36 new mines in next 5 yrs: Govt
Coal India plans 36 new coal mines in the next five years. Singareni Collieries will develop seven new mines. NLC India will open two new blocks. India produced almost a billion tonnes of coal last year. New mines require land and may impact the environment. Environmental assessments are conducted for each project.
Adani's Australian coal unit faces human rights complaint
Australia's Human Rights Commission is reviewing a complaint filed by an Aboriginal group against Adani's Carmichael coal mine. The group alleges racial discrimination, claiming Adani employees obstructed their access to culturally significant sites. Adani denies the allegations, stating they operate responsibly and in partnership with the majority Traditional Owner group.
- Go To Page 1
Include coking coal in the list of critical minerals: NITI Aayog report
NITI Aayog recommends adding coking coal to the critical minerals list. This move aims to boost domestic production and secure coking coal supply for the Indian steel industry. The proposal includes setting up two special purpose vehicles to expedite coal mining and logistics projects. NITI Aayog also suggests amending the Coal Bearing Areas Act for smoother private sector participation.
Import of coal by non-regulated sectors, domestic thermal power plants drops in April-September
India's non-regulated sectors, including power plants, significantly reduced coal imports by 9.83% during April-September 2024, signaling a shift towards domestic coal reliance. However, imports of coking coal for steel production and coal for specialized power plants increased. Overall, coal imports rose marginally, but their total value decreased, saving India Rs 13,628.73 crore.
Coal India arm NCL plans to relocate township in MP having 600 MT of mineable coal underneath
Coal India subsidiary NCL is undertaking a major rehabilitation and resettlement initiative in Singrauli, Madhya Pradesh. The project involves relocating the entire Morwa township, situated atop a substantial coal reserve. NCL aims to commence compensation payouts by May, with the first phase focusing on vacating 572.5 hectares of tenancy land.
India's coal import rises 8% to 140.60 MT in Apr-Sept
India imported more coal in the first half of this financial year. The import figure reached 140.60 million tonnes. This is a 7.8 percent increase compared to the same period last year. However, September saw a dip in imports. Domestic coal production increased by 6 percent, reaching 453 million tonnes.
Coal ministry 'optimistic' about achieving production target of over 170 MT in FY25
India's coal ministry is confident about surpassing its coal production target of 170 million tonnes from captive and commercial mines in the current fiscal year. This optimism stems from the 33% production surge witnessed between April and November, reaching 100.08 million tonnes compared to the previous year.
JSW Steel to not invest in Banai & Bhalumuda Coal Block after winning bid
JSW Steel has decided to withdraw its investment from the Banai & Bhalumuda Coal Block in Chhattisgarh. The company, which won the bid for the mine in March 2023, cited techno-commercial viability concerns as the reason for its decision. The Ministry of Coal terminated the deal on Thursday. The coal block was expected to produce over 1.
CIL should prioritise augmenting coal production, supplies to reduce import: Minister
Union Minister G Kishan Reddy urged state-owned Coal India Ltd (CIL) to prioritize increasing coal production and supply to curb imports. He praised CIL's efforts to improve miner welfare and support communities near closed mines. Reddy highlighted the company's role in India's energy landscape while acknowledging the country's commitment to renewable energy and climate action.
Coal India hopes to rejoin dividend list as ECL improves performance
Coal India targets eliminating Rs 2,200 crore in losses at its subsidiary Eastern Coalfields by FY 2025-26 and plans to rejoin the dividend list. Chairman P M Prasad noted production challenges due to monsoon impacts, while emphasizing future growth in underground mining and first-mile connectivity improvements.
CIL has to ramp up production to higher levels, says coal minister as PSU enters 50th year
Coal Minister G Kishan Reddy urged Coal India Ltd to boost its production to avoid costly imports. As CIL marks its 50th year, the minister highlighted the need to ramp up coal production. CIL, which started in 1975, has grown significantly, and is expected to increase output even further in the future.
Iron ore output up 5.5% at 135 MT in 1st half of FY25
India's iron ore output for the first half of the current fiscal was 5.5% higher year-on-year, reaching 135 million tonnes. Manganese ore, coal, primary aluminium, and refined copper also saw production increases, reflecting robust activity in energy, infrastructure, construction, automotive, and machinery sectors.
India's coal and mineral output grows
India's iron-ore production grew by 5.5% to 135 million tonnes in the first half of fiscal 2024-25. Manganese ore output rose by 6.2% to 1.7 million tonnes. Coal production reached 84.45 million tonnes in October 2024. Increased output in metals points towards strong economic activity in energy, infrastructure, and other sectors.
India's coal production rises 7.4 pc in October, dispatches increase to 82.89 MT
Coal production in October surged by 7.4% to 84.45 million tonnes (MT), with dispatches climbing to 82.89 MT. Notably, captive and other entities' output and dispatches also rose significantly. For the April-October 2024-25 period, production increased by 6.1% to 537.45 MT. The Coal Ministry emphasized the government's commitment to securing a reliable coal supply to meet energy demands.
Use mining byproducts to make sand for construction projects: Coal Ministry report
India plans to convert Overburden from mining into M-Sand for construction to reduce reliance on river sand and protect the environment. Public-sector undertakings have commissioned multiple plants, and new regulations are proposed to facilitate this initiative. The commercial sale of M-Sand is expected to generate significant revenue and support local economies.
Six overburden processing plants at various stages of installation: Government
The government announced that coal and lignite PSUs are setting up overburden (OB) processing and manufactured sand (M-sand) plants. These initiatives aim to turn waste into wealth, boost local economies, create jobs, and protect ecosystems. The High-Powered Expert Committee's report highlights the benefits of using OB for M-sand to support construction and reduce dependency on river sand.
NLC, JSW, JSPL among bidder for commercial coal mines in 10th round
ACC Limited, Adas Mining and Infra Private Limited, Ind Synergy Ltd, Lloyds Metals and Energy Limited, and SM Steels and Power Limited also participated in bids. State government-owned UP Rajya Vidyut Utpadan Nigam Limited submitted bids for two mines.
India's first coal exchange to be set up soon: G. Kishan Reddy
India is set to establish a coal exchange to stabilize fuel prices and enhance its availability, according to the country's Coal Minister G. Kishan Reddy. Speaking at an industry event on Monday, the minister stated, "Last week we took a briefing on setting up coal exchange," but did not specify when the exchange would be launched.
Coking coal import cannot be substituted fully: CIL MD
As per the data compiled by mjunction services ltd, India's coal import in 2023-24 was 268.24 MT, which includes 57.22 MT coking coal and 175.96 MT non-coking coal.
Government receives 44 bids in 10th round of commercial coal mine auction
India's government received 44 bids for 67 coal blocks in its 10th round of commercial mines auction. The coal ministry highlighted strong participation from small and medium-sized players, showing interest across the industry. This auction aligns with the country's goal of energy self-reliance by increasing coal production and reducing import dependence.
Coal India's process for signing fuel supply pacts becomes digital
Coal India Ltd has introduced online signing of fuel supply agreements for power and non-regulated sectors. This move replaces the physical document submission with an easier digital process. The shift aims to simplify operations and improve efficiency for clients. Nearly 700 FSAs for non-regulated sectors and 262 FSAs for the power sector have already been signed digitally.
India's coal import rises 11 pc in Apr-Aug period
India's coal imports surged by 11.4% to 121.1 million tonnes from April to August 2024, driven by increased non-coking coal imports despite a slight rise of 5.4% in August. Domestic coal availability and declining demand may suppress future imports until energy needs rise during the festive season.
Increasing mining operations, launching new projects to make India self-reliant in coal sector
Coal Minister G Kishan Reddy emphasized expanding mining operations and launching new initiatives to make India self-reliant in coal. Reddy urged Coal India Ltd and its subsidiaries to meet their annual targets, assuring government support for land acquisition and environmental clearances to bolster coal production.
Foundation for 12 million tonnes annual capacity coal plant laid in Bokaro
Union Minister of State for Coal and Mines Satish Chandra Dubey laid the foundation for the Karo and Konar Coal Handling Plants, designed to improve coal transportation in Bokaro and Kargali with a combined annual capacity of 12 million tonnes and significant reductions in loading times and pollution.
Coal India production drops 1% in September to 50.9 MT
State-owned CIL's coal production saw a slight decrease of 1 per cent to 50.9 million tonnes in September compared to the same month last year. However, from April-September, production increased by 2.5 per cent, totaling 341.5 million tonnes. Despite a production rise to 773.6 million tonnes in 2023-24, CIL fell short of its 780 million tonnes target.
Load More