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The Latest Breaking News from Coal India

Chhattisgarh-based SECL achieves 100 million tonnes of coal dispatch for FY 23-24, fastest since its inception

RAIPUR: Chhattisgarh-based Coal India subsidiary South Eastern Coalfields Limited (SECL) has achieved 100 million tonnes of coal dispatch for FY 23-24. This is the fastest 100 MT coal dispatch achieved by the company since its inception. Last year the company had dispatched around 85 million tonnes of coal in the…

The Times of India

Tamil Nadu’s daily coal stock availability declines

Tamil Nadu's coal stock availability down to 1.5M tonnes; sufficient to run Tangedco's power plants for 10 days. Renewable energy generation (wind & solar) in Aug (till 10th) 1,328.85M units. Coal India supplied 4.5MMT of coal in 1st Q of 2023-24. Railways likely to increase coal transportation capacity by 185MT…

The Hindu

India will not face any shortage of coal this year: Coal Minister Pralhad Joshi

Union Minister of Coal and Mines Pralhad Joshi assures that India will not face any shortage of coal this year even during the monsoon

The Hindu

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Northeast India’s largest coal mine went to a company that violated bidding rules

On March 2, Coal Pulz Private Ltd, a private company registered in October 2020, won the bid for the Namchik Namphuk coal mine in Arunachal Pradesh. With nearly 15 million tonnes of geological coal reserves, Namchik Namphuk is the largest commercial coal mine in northeast India, producing one of the…

Newslaundry

Coal India to boost supplies to power plants as heat waves loom

NEW DELHI: Coal India Ltd, which accounts for about four-fifths of the nation’s output of the fuel, is aiming to boost supplies to power plants this summer as unusually hot weather drives electricity demand.

The Times of India

Govt mulls selling 5-10% stakes in Coal India, Hindustan Zinc

NEW DELHI: India plans to sell small stakes in state-run firms including the world’s biggest coal miner and Asia’s largest zinc producer, to ride a stock market boom and boost revenue in the final quarter of the financial year, according to people familiar with the matter.

The Times of India

CIL’s green push: 1,190 MW solar plant in Rajasthan

NEW DELHI: State-run Coal India will set up a solar power project with a capacity of 1,190 mega watt in Rajasthan as part of its carbon mitigation plan, the coal ministry said on Thursday.

The Times of India

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‘Reckless’ coal firms plan climate-busting expansion, study finds

Coal is the most polluting of all fossil fuels and investors must stop funding it, say campaigners

The Guardian - UK

With comfortable coal stocks, no power crisis this festive season, officials say

The Coal Ministry is also coordinating with Railways for rakes for smooth supply of coal to the power sector

The Hindu

New rail link in Jharkhand to add coal evacuation capacity up to 125 MT by March 2023: Government

Government aiming to scale up coal production target to 1.25 billion tonnes by FY25

The Hindu

CIL has not raised prices in four years, Coal India chairman says at AGM

Coal India meets 80% of the country's dry fuel requirement

The Hindu

Adani lowest bidder in CIL's maiden coal import tender, miner may negotiate price

KOLKATA: Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, even though the miner is likely to "negotiate the price", an official said on Monday.

The Times of India

Coal India to import for first time in years as power shortages loom

State-run firm to import fuel for blending amid local supply crunch

The Hindu

India to face wider coal shortages, worsening power outage risks

India has stepped up pressure on utilities to increase imports in recent days

The Hindu

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The Times of India

Coal India to divest 25% stake in BCCL; plans subsequent listing

NEW DELHI: State-owned Coal India Ltd (CIL) on Thursday said it is planning to divest 25 per cent stake in its unlisted arm Bharat Coking Coal Ltd (BCCL) and will go for the subsequent listing of the subsidiary on stock exchanges after obtaining further clearances.

The Hindu

Coal India to open big, new mine this year to fight power crisis

Coal India's record production has been brightspot in efforts to end India's worst power crisis in more than six years.

The Hindu

Powering up after the power crisis shock

A lesson is that demand growth projections and supply arrangements need to become central to the regulatory process

Reuters

'Bad boys' are back: India doubles down on coal as heatwave worsens power crisis

India is planning to reopen more than 100 coal mines previously considered financially unsustainable, as a heatwave-driven power crisis forces the world's third-biggest greenhouse gas emitter to double down on the fuel after months of low consumption.

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The Hindu

Watch the gap: On widening trade deficit

The widening trade deficit puts more pressure on the rupee and aids growth-retarding inflation.

The Times of India

CIL output grows 27% in April; despatch improves 5.8%: Coal ministry

KOLKATA/NEW DELHI: Public sector miner Coal India has reported an increase of 27.2 per cent in its output in April 2022 as compared to the year-ago period, coal ministry said on Friday.

The Times of India

Amid coal crisis, power plants meet record 201 GW demand

NEW DELHI: India’s power plants met maximum demand of over 201 GW (gigawatts) at 2.51 pm on Tuesday, beating the previous record of over 200 GW clocked on July 7 last year, as the economy began firing on all cylinders and a raging heatwave further fuelled consumption.

The Times of India

Govt gets Rs 4,353 crore as dividend tranches from 7 CPSEs

NEW DELHI: The government on Tuesday said it has received Rs 4,353 crore as dividend tranches from seven public sector enterprises, including Coal India and PFC.

The Times of India

Explained: Why Coal India shares are surging

NEW DELHI: Shares of state-run Coal India on Thursday jumped over 7 per cent in early trade to Rs 198 on the BSE.

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