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Coal PSUs aim to generate 5,200 mw solar energy to seek net zero carbon status in 3 years Aiming to grossly minimise the carbon footprint of state-owned coal mining companies, the Coal Ministry aims to generate 5,200 mega watt (mw) of solar energy within the next three years, to achieve the goal of net zero carbon emissions. According to Coal Ministry sources, currently thermal based power being used in coal mining projects is around 5,000 mw, and if it manages to generate 5,200 mw of solar energy in the next three years, then this will help it in achieving net zero status. ...
Coal PSUs aim to generate 5,200 mw solar energy to seek net zero carbon status in 3 years
Coal PSUs aim to generate 5,200 mw solar energy to seek net zero carbon status in 3 years
Source: IANS
31/08/2023 10:11:47 AM
Coal India to phase out import of mining equipment costing Rs 4,500 crore In a boost to domestic manufacturing of earth-moving equipment used in mines, Coal India Ltd has decided to phase out imports over a period of 5-6 years, the Coal Ministry said on Monday. According to the government, Coal India imports high-capacity equipment such as electric rope shovels, hydraulic shovels, dumpers, crawler dozers, drills, motor graders, front-end loaders wheel dozer, continuous miners equipment and others worth around Rs 3,500 crore and pays Rs 1,000 crore as custom duty...
Coal India to phase out import of mining equipment costing Rs 4,500 crore
Coal India to phase out import of mining equipment costing Rs 4,500 crore
Source: IANS
15/05/2023 5:00:41 PM
Coal Ministry aims to complete 67 first mile projects by 2027 As many as 67 first mile connectivity (FMC) - for transportation of coal from pitheads to dispatch points - projects have been taken by the Coal Ministry, and are expected to be completed by 2027, official sources have said. Out of the 67 FMC projects, Coal India Ltd (CIL) will take up 59, Singareni Collieries Company Ltd will undertake five while the remaining three will be taken up by Neyveli Lignite Company, the sources said. In order to eliminate road transportation of coal in mines...
Coal Ministry aims to complete 67 first mile projects by 2027
Coal Ministry aims to complete 67 first mile projects by 2027
Source: IANS
6/05/2023 9:16:00 AM
Coal ministry aims to produce 1,012 million tonnes of dry fuel in 2023-24 Coal ministry aims to produce 1,012 million tonnes of dry fuel in the current financial year. According to the action plan prepared by the ministry, 25 new reserves for commercial mining would be allocated during the current fiscal. Capacity expansion target for 2023-24 is Rs 21,030 crore, while the overall projected target of assets monetisation plan is Rs 50,118.61 crore. During 2022-23, the ministry signed agreements for a total of 23 coal mines having cumulative peak rated capaci...
Coal ministry aims to produce 1,012 million tonnes of dry fuel in 2023-24
Coal ministry aims to produce 1,012 million tonnes of dry fuel in 2023-24
Source: IANS
3/05/2023 5:28:19 PM
Government says steps will be taken to expedite domestic coal production The Coal Ministry will take all steps to further expedite domestic coal production and evacuation process, an official said on Wednesday. Addressing an interactive session with coal block allottees of captive and commercial coal blocks here, Coal Secretary Amritlal Meena said that timely availability of land and other clearances are of paramount importance in ensuring early production of coal from newly allocated blocks. In his keynote address, he said that the nominated authority in th...
Government says steps will be taken to expedite domestic coal production
Government says steps will be taken to expedite domestic coal production
Source: IANS
12/04/2023 6:14:32 PM
Coal Ministry to meet dry fuel reserves allottees, hold talks on enhancing production  Coal Ministry will hold an interactive session with allottees of dry fuel reserves on April 12, which would be aimed at ensuring continuous supply to various stakeholders, especially for the power sector. The session, to be chaired by coal secretary Amritlal Meena, will highlight the significant reforms implemented by the ministry to make the coal sector more appealing. The ministry officials will interact with allottees of coal blocks, which have been given away in the recent rou...
Coal Ministry to meet dry fuel reserves allottees, hold talks on enhancing production
Coal Ministry to meet dry fuel reserves allottees, hold talks on enhancing production
Source: IANS
10/04/2023 2:43:13 PM
Coal Ministry launches seventh round of commercial mines` auction The Coal Ministry on Wednesday launched the seventh round of commercial mines' auction with a total of 106 coal blocks on offer. Out of the 106 coal mines, 32 are new coal mines and 69 mines are being rolled over from earlier tranches. Additionally, five coal mines under the second attempt of sixth tranche are also being launched where single bids were received in the first attempt. The mines being auctioned are spread across coal and lignite bearing states of Jharkhand, Chhattisgar...
Coal Ministry launches seventh round of commercial mines` auction
Coal Ministry launches seventh round of commercial mines` auction
Source: IANS
30/03/2023 9:15:51 AM
Power sector dues to coal companies over Rs 20,000 crore Even as the Coal Ministry has ensured regular supply of dry fuel to thermal plants across the country to help them cope with peak demand during the summer season, outstanding dues by power sector towards major coal companies are more than Rs 20,000 crore. According to official sources, outstanding dues payable by power sector for dry fuel sales towards Coal India Ltd (CIL) and the Singareni Collieries Company Ltd (SCCL), amounts to Rs 16,629.41 crore and Rs 3,713 crore, respectively, as on...
Power sector dues to coal companies over Rs 20,000 crore
Power sector dues to coal companies over Rs 20,000 crore
Source: IANS
21/03/2023 9:00:33 AM
Sufficient coal for 44 days available to meet peak power demand: Sources As the government is bracing up to meet peak power demand during the forthcoming summer season, the Coal Ministry has said that it has over 101 million tonnes of domestic dry fuel available in the country as of today, which is sufficient for the next 44 days. According to sources privy to developments, the Coal Ministry has said that its current daily production is more than the daily national requirement, and therefore, it is fully prepared to meet the peak demand, mainly from thermal pow...
Sufficient coal for 44 days available to meet peak power demand: Sources
Sufficient coal for 44 days available to meet peak power demand: Sources
Source: IANS
10/03/2023 9:29:05 AM
Rungta Sons, GMDC bag two coal mines in Odisha under e-auction Rungta Sons Private Ltd and the Gujarat Mineral Development Corporation (GMDC) on Tuesday were the successful bidders for Sakhigopal B Kankili and Baitarni West coal mines respectively, situated in Odisha. While Sakhigopal B Kankili has 500 million tonnes reserves of coal, Baitarni West has coal reserves worth 1,152 million tonnes. The Coal Ministry had launched the auctions for commercial mining under the sixth round and second attempt of fifth round on November 3, 2022. Forward auctio...
Rungta Sons, GMDC bag two coal mines in Odisha under e-auction
Rungta Sons, GMDC bag two coal mines in Odisha under e-auction
Source: IANS
8/03/2023 9:39:55 AM
Jindal Power bags Gare Palma Sector (East) coal block under forward auction Jindal Power Ltd on Friday won the bid for Gare Palma Sector 1 (East) coal block, which has geological reserves of 965 million tonnes. The coal block was successfully bid by Jindal Power under the forward auction of mines, which the Coal Ministry had started on February 27. This particular coal mine, located in Chhattisgarh, will, upon operationalisation, generate an annual revenue of Rs 1,968 crore and will attract a capital investment of Rs 2,250 crore, while providing employment to m...
Jindal Power bags Gare Palma Sector (East) coal block under forward auction
Jindal Power bags Gare Palma Sector (East) coal block under forward auction
Source: IANS
4/03/2023 10:09:32 AM
Coal production rises 16% to 698 mn tonnes during April-january period of current fiscal Coal production grew by 16 per cent touching 698 million tonnes during April-January period of the current fiscal, against 601 million tonnes production recorded during the corresponding period of last year. According to coal ministry sources, during the above mentioned period, Coal India Limited's (CIL) production rose by 15.23 per cent to 550.93 million tonnes against 478.12 million tonnes recorded during the corresponding period of last year. The increase in domestic coal product...
Coal production rises 16% to 698 mn tonnes during April-january period of current fiscal
Coal production rises 16% to 698 mn tonnes during April-january period of current fiscal
Source: IANS
24/02/2023 2:38:15 PM
Coal ministry to auction 27 more coal mines starting February 27 The coal ministry has said that 27 coal mines would be put on sale in the next round of commercial mines auction starting from February 27, 2023. The auction process for 141 coal and lignite mines was launched by the coal ministry in November last year. In a bid to familiarise bidders with the auction process, mock e-auction will be conducted on February 24. The ministry said it launched the 6th round and 2nd attempt of 5th round of commercial coal mines auctions on November 3, 2022, which...
Coal ministry to auction 27 more coal mines starting February 27
Coal ministry to auction 27 more coal mines starting February 27
Source: Accord Fintech
23/02/2023 11:47:31 AM
Goverment receives 99 bids for 36 coal mines under commercial auction  A total of 99 bids for 36 coal mines were received by the Coal Ministry on Monday for the sixth round and second attempt of fifth round of commercial coal block auctions, which it had launched on November 3, 2022. Monday was the last date for submission of technical bids for these rounds. According to official sources, for the sixth round, two or more bids were received for 25 coal mines, a single bid for seven mines, and 10 bids for four mines in the second attempt of the fifth r...
Goverment receives 99 bids for 36 coal mines under commercial auction
Goverment receives 99 bids for 36 coal mines under commercial auction
Source: IANS
31/01/2023 9:35:02 AM
Government aims to produce 1 billion tonnes coal in 2023-2024 Aiming to produce 1 billion tonnes of dry fuel in 2023-24, the Coal Ministry has decided to fix 780 million tonnes target for Coal India Ltd (CIL), 75 million tonnes for Singareni Collieries Company Ltd, and 162 million tonnes for captive and commercial mines for the forthcoming fiscal. A total of 290 mines are operational under the CIL, out of which 97 produce more than 1 million tonnes per year. These targets were fixed during a review meeting conducted by Coal Secretary Amritlal Meen...
Government aims to produce 1 billion tonnes coal in 2023-2024
Government aims to produce 1 billion tonnes coal in 2023-2024
Source: IANS
18/01/2023 6:26:38 PM
Coal Ministry offers relaxation in Revision of Performance Bank Guarantee Coal Ministry Offered relaxation in Revision of Performance Bank Guarantee and extended Bid due date for Commercial Coal Block auction upto January 30. The Ministry of Coal had launched the sixth round and second attempt of fifth round of commercial coal mines' auction on November 3, 2022 for 141 coal mines. Considering the demand from the industry and to promote Ease of Doing Business (EoDB), the Ministry has decided that going forward the first revision in the Performance Bank Guaran...
Coal Ministry offers relaxation in Revision of Performance Bank Guarantee
Coal Ministry offers relaxation in Revision of Performance Bank Guarantee
Source: IANS
14/01/2023 2:46:02 PM
Coal production rose by 9% in December 2022 to 82.87 mn tonnes India's coal production increased by 9.2 per cent to 82.87 million tonnes in December 2022, from 75.87 million tonnes recorded during November 2022. On year-on-year basis, domestic coal production went up by 10.8 per cent in December 2022 from December 2021, when it was 74.79 million tonnes. According to Coal Ministry data, in December 2022, Coal India Ltd registered a growth of 10.30 per cent, whereas Singareni Collieries Company Ltd (SCCL) and captive mines recorded a growth of 19...
Coal production rose by 9% in December 2022 to 82.87 mn tonnes
Coal production rose by 9% in December 2022 to 82.87 mn tonnes
Source: IANS
5/01/2023 7:22:50 PM
Coal production up by 16% to 608 mn tonnes during April-December period of current fiscal  India's coal production went up by 16.39 per cent to 607.97 million tonnes during April-December period of the current fiscal as against 522.34 million tonnes produced during the corresponding period of last year. Coal India Limited (CIL) reported 15.82 per cent rise in production as 479.05 million tonnes of dry fuel production was recorded up to December in the current fiscal as against 413 million tonnes produced during the corresponding period of last year, official sources sa...
Coal production up by 16% to 608 mn tonnes during April-December period of current fiscal
Coal production up by 16% to 608 mn tonnes during April-December period of current fiscal
Source: IANS
3/01/2023 2:42:04 PM
Coal Ministry to enhance first mile connectivity projects The Coal Ministry will take up an additional 19 first mile connectivity (FMC) projects for Coal India Ltd (CIL) and SCCL with a capacity of 330 million tonnes, officials said on Monday. These projects will be implemented by 2026-27. The ministry has already undertaken 55 FMC projects of 526 million tonnes per annum capacity with an investment of Rs 18,000 crore. Out of these, eight projects of 95.5 million tonnes per annum capacity have been commissioned and the remaining will be com...
Coal Ministry to enhance first mile connectivity projects
Coal Ministry to enhance first mile connectivity projects
Source: IANS
3/01/2023 9:32:13 AM
Coal production rose to 75.87 mn tonnes in November India's total coal production went up by 11.66 per cent to 75.87 million tonnes in November 2022 from 67.94 million tonnes recorded during the corresponding period of last year. According to the coal ministry data, in November 2022, Coal India Ltd (CIL) registered a growth of 12.82 per cent, whereas Singareni Collieries Company Limited (SCCL) and other captive mines registered a growth of 7.84 per cent and 6.87 per cent respectively. Out of the top 37 mines in coal production as man...
Coal production rose to 75.87 mn tonnes in November
Coal production rose to 75.87 mn tonnes in November
Source: IANS
6/12/2022 1:02:36 PM
Coal important for energy security: Pralhad Joshi Coal and Mines Minister Pralhad Joshi while emphasising on the importance of dry fuel in securing energy security on Saturday said that the government is undertaking various reforms in the sector. Addressing a coal and mines conclave in Bengaluru, Joshi told investors that the future outlook of dry fuel is positive. The coal ministry is organising various conclaves across the country to attract investors for auction of 141 blocks, which it is offering for commercial mining. Senior of...
Coal important for energy security: Pralhad Joshi
Coal important for energy security: Pralhad Joshi
Source: IANS
3/12/2022 7:25:54 PM
Government has 'modified' 62 coal mines to make them attractive for buyers Out of the 141 coal blocks which the Centre has put up for commercial auction, 62 mines are old which had gone unsold during previous attempts. Therefore to make them more attractive to the bidders, these reserves have been modified. Coal Ministry sources informed that the areas around these mines have been altered by removing hindrances and obstacles to ensure proper connectivity and easy transportation of dry fuel. Excessive vegetation has been removed and unapproachable terrain aroun...
Government has 'modified' 62 coal mines to make them attractive for buyers
Government has 'modified' 62 coal mines to make them attractive for buyers
Source: IANS
3/12/2022 5:48:07 PM
Greater investment needed in coal production projects : Finance Minister Nirmala Sitharaman  Finance Minister Nirmala Sitharaman on Thursday said a fast growing economy like India needs greater investment in coal production and gasification projects as globally, energy prices especially that of gas, is going up. Launching the sixth round of coal mine auction of the Ministry of Coal here the Finance Minister highlighted that India is at present the best investment destination in the world. The minister pointed out that due to policy consistency and transparent process of t...
Greater investment needed in coal production projects : Finance Minister Nirmala Sitharaman
Greater investment needed in coal production projects : Finance Minister Nirmala Sitharaman
Source: IANS
4/11/2022 9:34:19 AM
10 coal reserves to be e-auctioned on Sep 13 for commercial mining The Coal Ministry will launch e-auction of 10 reserves on September 13 for commercial mining, out of which eight blocks would be put up for auction on Tuesday, while two reserves will be put on offer on September 14, official sources said. They also said that technical evaluation of bids has been completed, thus clearing the way for e-auction of 10 coal reserves for commercial mining purposes. Till now, the Coal Ministry has auctioned 43 coal mines with peak rate capacity of 85.4 millio...
10 coal reserves to be e-auctioned on Sep 13 for commercial mining
10 coal reserves to be e-auctioned on Sep 13 for commercial mining
Source: IANS
13/09/2022 9:42:40 AM
10 coal reserves to be e-auctioned on Sep 13 for commercial mining New Delhi, Sep 12  The Coal Ministry will launch e-auction of 10 reserves on September 13 for commercial mining, out of which eight blocks would be put up for auction on Tuesday, while two reserves will be put on offer on September 14, official sources said. They also said that technical evaluation of bids has been completed, thus clearing the way for e-auction of 10 coal reserves for commercial mining purposes. Till now, the Coal Ministry has auctioned 43 coal mines with peak rate...
10 coal reserves to be e-auctioned on Sep 13 for commercial mining
10 coal reserves to be e-auctioned on Sep 13 for commercial mining
Source: IANS
12/09/2022 8:34:56 PM
Coal production touched 43.93 mn tonnes in April-August 2022-23   Coal production touched 43.93 million tonnes during April-August 2022-23, which was 57.7 per cent more than 27.85 million tonnes of production recorded in the corresponding period of last year. Two mines auctioned in 2021 under commercial auction reforms have become operational and produced 2.36 million tonnes of coal in the April-August 2022-23 period, it was found during a review meeting conducted by Coal Ministry officials recently. At present, 37 captive and commercial min...
Coal production touched 43.93 mn tonnes in April-August 2022-23
Coal production touched 43.93 mn tonnes in April-August 2022-23
Source: IANS
6/09/2022 12:26:06 PM
31 companies submit bids for commercial coal mining auction A total of 31 companies have submitted 38 online and offline Bids bids for commercial coal mining auction and now the technical evaluation will be carried out by a committee of senior officers, the Ministry of Coal announced on Tuesday. According to the ministry, the bids were received under three tranches of commercial coal mine auctions. Under the fifth tranche, a total of 28 bids were received for 15 coal mines, where two or more bids have been received for 8 coal mines. Under the secon...
31 companies submit bids for commercial coal mining auction
31 companies submit bids for commercial coal mining auction
Source: IANS
29/06/2022 9:19:26 AM
Number of reforms taken to increase coal production to meet growing energy demands: Pralhad Joshi In order to meet the growing energy demands of the nation, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi has said that the Ministry of Coal has initiated a number of reforms to further increase the production of coal. The Minister further recalled the valuable guidance provided by the Prime Minister Narendra Modi from time to time, to bring about key policy changes.  Joshi also noted that achievements of coal sector will be an inspiration to the other segments ...
Number of reforms taken to increase coal production to meet growing energy demands: Pralhad Joshi
Number of reforms taken to increase coal production to meet growing energy demands: Pralhad Joshi
Source: Accord Fintech
20/06/2022 1:39:26 PM
58 coal blocks to start in FY 22-23, 138.28 MT production targeted: Coal Ministry The Coal Ministry expects operationalisation of 58 coal blocks in 2022-23 and has set target of 138.28 million ton coal production, an official statement said on Friday. "The Ministry of Coal has allocated coal blocks for captive end use and sale of coal/ commercial mining. 85.32 million tonnes of coal has been produced in FY 2021-22 from 47 operational coal blocks. As against the scheduled production of 203.67 million tonnes for FY 2022-23, it is expected that a total 58 coal blocks ...
58 coal blocks to start in FY 22-23, 138.28 MT production targeted: Coal Ministry
58 coal blocks to start in FY 22-23, 138.28 MT production targeted: Coal Ministry
Source: IANS
4/06/2022 9:28:51 AM
Power sector coal import comes down by 40% The coal ministry on Thursday said that coal imports, which had reached a peak of 248 million tonne (MT) in 2019-20, declined continuously during the next two years to 215 MT in 2020-21 and further to 209 MT in 2021-22. "The decline in coal imports during 2021-22 is largely due to decrease in imports by the Power Sector which came down from 45 MT in 2020-21 to 27 MT in 2021-22, a decline of almost 40 per cent. The decline is more steep if we compare coal imports by power sector in 202...
Power sector coal import comes down by 40%
Power sector coal import comes down by 40%
Source: IANS
3/06/2022 8:28:32 AM
Mining resumes in one of India's oldest coal mines after 2 years The coal mining operations in Assam's Tikak Coalfield, one of the oldest coal mines in India, under the North Eastern Coalfields (NEC), resumed after two years on Saturday by Union Coal, Mines and Parliamentary Affairs Minister Pralhad Joshi. Assam Chief Minister Himanta Biswa Sarma was also present on the occasion. Mining operations at Tikak Coalfield in Tinsukia district were halted in 2020 due to to non-availability of land for the overburden dump, and certain environmental issues a...
Mining resumes in one of India's oldest coal mines after 2 years
Mining resumes in one of India's oldest coal mines after 2 years
Source: IANS
27/03/2022 9:19:09 AM
Minister of Coal urges Coal Ministry to deliberate upon steps to enhance coal production Underlining that sustained supply of coal to the power sector is of paramount importance, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi has said that the Coal Ministry is likely to approach the Ministry of Environment, Forest and Climate Change for certain relaxation in norms so that overall coal production can be further increased. He pointed out that with steep hike in international prices, domestic demand for coal has gone up considerably. The Minister urged Coal...
Minister of Coal urges Coal Ministry to deliberate upon steps to enhance coal production
Minister of Coal urges Coal Ministry to deliberate upon steps to enhance coal production
Source: Accord Fintech
23/03/2022 1:56:13 PM
Coal shortage cripples non-power sector as supplies to power sector prioritised  Federation of Indian Chambers of Commerce and Industry (FICCI) state council, in its recent letter to the Ministry of Coal, has addressed the issue of the proposed increase in coal rakes for power sector that in turn will deprive the consumers of Non-Regulated Sector (NRS) from getting sufficient coal rakes, ultimately leading to a coal crunch. The council has highlighted a recent decision of Coal India to enhance the rake supplies for power sector to 296 rakes per day. The decision ...
Coal shortage cripples non-power sector as supplies to power sector prioritised
Coal shortage cripples non-power sector as supplies to power sector prioritised
Source: IANS
8/12/2021 6:34:58 PM