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Union Coal Minister G. Kishan Reddy on Thursday handed over 10 strategically important mines to successful bidders in an initiative that is expected to result in a significant increase in the production of coal in the country. The vesting orders for mining rights issued to the allottees include one fully explored and nine partially explored mines. The initiative is set to enhance energy security and drive economic growth across the states of Jharkhand, Chhattisgarh, West Bengal, and...
Coal Minister hands over 10 coal mines to successful bidders
The Ministry of Coal on Monday signed development and production agreements for three coal mines auctioned under the second attempt of the 7th round which are expected to bring in an investment of Rs 4,500 crore. The mines for which agreements were executed are the Machhakata coal mine, the Kudanali Lubri coal mine, and the Sakhigopal-B Kakurhi coal mine. While two of these mines are partially explored, one is fully explored, the Coal Ministry said. The successful bidders are NLC ...
Government inks production pacts for 3 coal mines to pave way for Rs 4,500 cr investment
Ministry of Coal said on Tuesday that it is actively working to ensure the proper disposal and repurposing of fly ash generated by thermal power plants in a significant move towards environmental protection and resource utilisation. Extensive research and development have enabled the effective use of fly ash for filling mine voids and as a component in construction materials to reduce its environmental footprint. The Ministry said in this proactive move, as many as 19 mine...
Coal Ministry allots 19 mine voids to power plants for dumping fly ash
NLC India is currently trading at Rs. 268.00, up by 6.45 points or 2.47% from its previous closing of Rs. 261.55 on the BSE. The scrip opened at Rs. 268.05 and has touched a high and low of Rs. 272.00 and Rs. 264.20 respectively. So far 460662 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 293.60 on 05-Feb-2024 and a 52 week low of Rs. 105.85 on 31-Jul-2023. Last one week high and low of the scrip stood at Rs....
NLC India rises on emerging as successful bidder for Machhakata coal mine in Odisha
The production of coal from the country's captive and commercial mines has shot up by 35 per cent to 39.53 million tonnes in the April-June quarter of 2024-25 from 29.26 million tonnes in the same period of the previous financial year, according to figures released by the Ministry of Coal on Wednesday. Similarly, the dispatch of coal has shown a growth of 34.25 per cent year-on-year to to 45.68 million tonnes in the first quarter of FY25 from 34.07 million tonnes (MT) in the same...
Coal production from captive, commercial mines shoots up by 35 per cent in April-June
India’s coal production registered a robust 14.5 per cent growth in June this year to touch the 84.63 million tonnes mark compared to 73.92 million tonnes in the same month last year, according to the latest figures released by the Ministry of Coal. Coal India Limited (CIL) achieved coal production of 63.10 million tonnes (MT), marking a growth of 8.87 per cent compared to the same period last year when it was 57.96 MT. Additionally, coal production by captive/other companies in June...
India`s coal production surges by 14.5 pc to 84.6 million tonnes in June
The Coal Ministry on Tuesday held discussions with stakeholders on the more stringent guidelines that it plans to introduce for fostering a sustainable approach to coal mining that includes mandatory measures to preserve the environment. Additional Secretary and Nominated Authority M. Nagaraju said the new guidelines emphasise responsible mining practices that support industry growth while prioritising ecosystem preservation. The key elements include the mandatory inclusion of re...
Coal Ministry draws up strict norms to limit environmental impact of mining ops
The coal ministry said that the Centre has adequate coal to meet the requirements of domestic thermal power plants (TTPs). The coal stocks at domestic TPPs as on June 29, 2024 stood at 44.46 million tonnes (MT), which is sufficient to meet the requirements of 18.5 days as per present level of consumption. This stock position is 33 per cent higher over stock position of same time during last year. Coal production grew 10.58 per cent in the June quarter, and supply of coal saw a rise of 8.50 pe...
Centre has adequate coal to meet requirements of domestic thermal power plants: Coal ministry
The coal stocks at domestic coal-based Thermal Power Plants is currently at 44.46 million tonnes (MT) which is sufficient to meet the requirements for 18.5 days as per the present level of consumption, the Ministry of Coal said on Monday. This stock position is 33 per cent higher than what it was at the same time last year, while the production of coal during the April-June quarter of this year has recorded a robust double-digit growth of 10.58 per cent. The Coal Ministry said tha...
Coal stocks at power plants increased by 33 pc to prevent outages in rainy season
Coal India subsidiary Eastern Coalfields Limited (ECL) has embarked on an innovative pilot project for Underground Coal Gasification (UCG) at the Kasta coal block in Jharkhand’s Jamtara district as part of a strategic initiative launched by the Ministry of Coal, according to an official statement issued on Monday. “This first ever groundbreaking initiative aims to revolutionise the coal industry by using in-situ coal gasification to convert it into valuable gases such as ...
Coal Ministry launches India’s first ever pilot project for underground coal gasification
The Ministry of Coal on Thursday announced that it has revised the framework of preparation of the Mining Plan, a pivotal step to regulate and advance India's coal mining sector, and issued draft guidelines for consultation. These guidelines serve as a strategic blueprint for coal mining companies, facilitating effective planning, execution, and monitoring of mining activities while upholding stringent environmental, social, and safety standards. The primary objective is to op...
Coal Ministry going for major reforms to ensure responsible mining
REC Limited, a Maharatna CPSE under the Ministry of Power, has signed an MoU with the Rajasthan government to finance projects across power and non-power infrastructure sectors with an investment of up to Rs 20,000 crore per annum for a period of six years, extending up to 2030, according to a company statement issued on Monday. REC chairman and MD Vivek Kumar Dewangan said, “Under this agreement, REC Limited will provide loans of upto Rs 20,000 crores annually for the next six...
REC inks pact to bankroll infra projects worth Rs 20,000 crore a year in Rajasthan
Coal sector PSUs such as Coal India Ltd and NLCIL have surpassed the annual target of 21,030 crore capital expenditure (CAPEX) fixed for the current financial year ending on March 31, 2024 with a total investment of Rs 22,448.24 crore at the end of February, the Coal Ministry said on Saturday. The record level of productive investment which works out to 106.74 per cent of the target has a multiplier impact on the overall economy as it creates more employment and boosts demand in other sect...
Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24
A panel of officials from Indian ministries has called for a bigger carbon tax on higher quality imported coal while cutting rates for domestic coal, in a bid to slash shipments of the polluting fuel, the coal ministry said on Thursday. Coal is among India's top five commodity imports by value. Despite surging domestic production, mainly of low-quality coal with high ash content, it has failed to cut back on imports and ranks as the world's second largest importer. In its report...
Indian government panel backs higher carbon tax on coal imports
Integrated mining-cum-power generation company NLC India Ltd on Wednesday said its wholly-owned subsidiary NLC India Green Energy Ltd (NIGEL) has won the 600 MW solar power project in the GSECL Khavda Solar Park tender, floated by Gujarat Urja Vikas Nigam Ltd (GUVNL), through a competitive bidding process. According to NLC India, a navratna public sector company under the administrative control of the Coal Ministry, it had floated NIGEL for renewable power projects. In line with t...
NLC India`s renewable power subsidiary signs PPA with Gujarat Urja Vikas Nigam
Chhattisgarh-based Coal India subsidiary South Eastern Coalfield Limited’s (SECL) Gevra mine is set to become the largest coal mine in Asia as it has been granted environmental clearance to expand production capacity to 70 million tons per annum from the current 52.5 million tons, the Coal Ministry said on Tuesday. The Coal Ministry and the Ministry of Environment and Forests had fast-tracked the clearance for the expansion as Gevra is one of the megaprojects of South Eastern Coalfie...
Gevra coal mine in Chhattisgarh poised to become largest in Asia
The country’s coal production increased by 11.83 per cent in February to 96.60 million tonnes compared to the corresponding figure of 86.38 MT in the same month last year, according data released by the Coal Ministry on Tuesday. The output of public sector giant Coal India Limited (CIL) rose by 8.69 per cent to 74.76 MT during the month from 68.78 MT in February 2023. The cumulative coal production for 11 months of the current financial year up to February 2024 has seen a 12.14 per c...
India`s coal production surges by 11.83 pc in Febuary
The total coal production and dispatch from captive and commercial coal mines in the country during the period from April 1, 2023 to February 29, 2024, went up to 126.80 million tonnes and 128.88 million tonnes, marking an increase of 27.06 per cent and 29.14 per cent respectively, as compared to the same period of the previous year, according to figures released by the Coal Ministry on Saturday. The growth in coal production reflects the heightened efficiency and a strong logistics networ...
Coal production from captive, commercial mines jumps by 27 pc
Public sector giants Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) on Wednesday signed a joint venture (JV) agreement for setting up an ammonium nitrate plant based on surface coal gasification technology, the Coal Ministry announced on Wednesday. The plant to come up in Odisha's Lakhanpur area of Mahanadi Coalfields Limited, will initially produce 2,000 tonnes of ammonium nitrate per day. The annual production is slated at 6.60 lakh tonnes which requires 1.3 ...
Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification technology
Prime Minister Narendra Modi will inaugurate two first mile connectivity projects of Northern Coalfields Limited (NCL) in Madhya Pradesh worth Rs 1,393.69 crore on Thursday, for the faster evacuation of coal in an environment-friendly way, the Coal Ministry said on Wednesday. The two projects of the Coal India Ltd subsidiary will result in an efficient mechanised evacuation of coal from the mines that will reduce carbon emissions. Among the noteworthy projects to be unveiled are the Jay...
PM Narendra Modi to inaugurate Rs 1,393 cr coalfield projects in Madhya Pradesh tomorrow
India’s coal-based power generation grew by a double-digit -- 10.06 per cent -- from April 2023 to January 2024 compared to the same period of the previous year, while coal imports for blending witnessed a significant decrease of 36.69 per cent during this period, reflecting the increasing degree of self reliance, according to data released by the Coal Ministry on Monday. Coal imports for blending declined to 19.36 MT during April 2023-January 2024 from 30.58 MT in the corresponding ...
India`s coal imports for power plants fall by 37% as self-reliance grows
In line with India’s commitment to strengthening energy security and furthering sustainable development, Prime Minister Narendra Modi is scheduled to virtually inaugurate three key first mile connectivity projects of South Eastern Coalfields Limited (SECL), a Coal India Subsidiary in Chhattisgarh on February 24. “These projects, valued at over Rs 600 crore, mark a significant step towards faster, eco-friendly and efficient mechanized coal evacuation,” the Coal Ministry sa...
PM Narendra Modi to roll out Rs 600cr worth projects in Chhattisgarh to speed up coal evacuation
Coal PSUs have planted more than 235 lakh saplings over an area exceeding 10,784 hectares in the five-year period FY 2019-20 to FY 2023-24 till January, thus enhancing the country’s carbon sink significantly, the Ministry of Coal said on Thursday. The government-owned coal/lignite PSUs led by Coal India Ltd have not only increased their production levels over time to meet the growing energy demands of the nation but have also demonstrated their commitment to the local environment by ...
Coal PSUs enhance green cover with 235 lakh trees across 10,784 hectares
The Ministry of Coal said on Wednesday that it got an encouraging response to its roadshow aimed at promoting coal gasification projects across the nation aligned with India’s vision for a cleaner and energy-efficient future. The event in the country’s commercial capital, which highlighted the government’s commitment to fostering innovation and sustainability in the coal sector, was attended by investors, industry experts, and other stakeholders. Delivering the keynote...
Government hardsells coal gasification projects at Mumbai roadshow
The capital expenditure (CAPEX) by public sector coal companies has touched 20,153 crore as on January this year, marking 95.83 per cent progress towards the target of is 21,030 crore fixed for the current financial year ending on March 31, 2024, the Coal Ministry said on Wednesday. “Coal sector PSUs (public sector undertakings) have been at the forefront with their CAPEX to assist and contribute in transforming Indian economy and as we navigate through the current fiscal year of 202...
Coal sector PSUs poised to cross Rs 21,030 crore Capex target for 2023-24
The Ministry of Coal is planning to hold an interaction with industry leaders in Mumbai on Wednesday as part of a roadshow for the promotion of coal/lignite gasification projects nationwide. This event aims to nurture the growth and widespread adoption of coal/lignite gasification projects throughout the country. It signifies a notable stride towards leveraging the abundant coal and lignite resources to propel sustainable energy initiatives in India, the Coal Ministry said on Tuesday. An e...
Government to hold roadshow in Mumbai to push Rs 8,500 cr coal gasification scheme
The Union Ministry of Coal will host an industry interaction in Hyderabad on Friday aimed at accelerating the development of coal gasification projects across the country. This event marks a significant step towards harnessing the potential of coal and lignite resources to drive sustainable energy solutions in India, the Coal Ministry said on Thursday. The Indian government has approved a Rs 8,500-crore scheme to promote coal/lignite gasification projects to meet the future energy needs...
Centre holding industry meet in Hyderabad to speed up coal gasification projects
Prime Minister Narendra Modi will launch four environment-friendly and faster coal transportation projects worth Rs 2,145 crore of Mahanadi Coalfields Ltd in Odisha on February 3. Coal Ministry said that the projects have been taken up under the PM GatiShakti National Master Plan for providing multi-model connectivity reducing logistics cost by enhancing efficiency. “The projects are expected to bring significant benefits to the coal industry in Odisha and contribute to the countr...
Prime Minister Narendra Modi to inaugurate rail projects in Odisha on Febuary 3
Ministry of Coal in its latest report has showed that the coal-based power generation in the country grew around 10.13% during April-December 2023, as compared to corresponding period of previous year while overall power generation grew 6.71% during the same period. The report further noted that the Domestic coal-based power generation during April-December 2023 reached 872 billion units (BU), reflecting an increase of 7.14% from the 813.9 billion units generated in the corresponding perio...
Coal based power generation grows 10.13% in April-December 2023
The country's coal production has shot up to 664.37 million tonnes (MT) during the current financial year (April 2023 to December 25) which is robust 12.29 per cent increase over the corresponding figure of 591.64 MT for the same period of the previous year, according to data released by the Coal Ministry on Thursday. In terms of coal dispatch, the cumulative achievement during this period amounted to 692.84 MT, indicating an 11.32 per cent growth compared to the corresponding period o...
India`s coal output rises 12.3% to 664.37 mn tonnes in FY 2023-24
India’s coal imports for blending have decreased substantially by 44.28 per cent to 15.16 million tonnes during April- Nov, 2023 of the current financial year from 27.21 million tonnes in the same period of the previous year despite the higher generation of power, data released by the Coal Ministry on Saturday showed. The decline in coal imports despite the escalating power demand shows the nation’s commitment to self-reliance in coal production and minimising overall coa...
Coal imports plunge 44% in current financial year
The government is putting up another 26 coal mines for commercial auction in the next round on December 20, the Ministry of Coal announced on Monday. While 12 of the mines are in Madhya Pradesh, eight are in Chhattisgarh, five in Jharkhand, and one in Telangana. The Ministry also said that seven mines are fully explored, while 19 are partially explored. Three of these mines will be offered under the Coal Mines (Special Provisions) Act 2015 (CMSP), while the other 23 mines will come u...
Government putting up 26 coal mines for commercial auction
The Ministry of Coal issued the Vesting Orders for six commercial coal mines and signed agreements for two mines on Thursday. Of these 6 coal mines whose vesting orders were issued, two coal mines are fully explored mines and the remaining are partially explored. The cumulative peak rated capacity of 6 coal mines for which Vesting Orders have been issued comes to 7 million tonnes per annum and these mines have 2,105.74 MT of geological reserves, the Coal Ministry said. These mines ar...
Coal Ministry hands over 8 mines to successful bidders
Coal production in the country, till October 30, has shown a growth of 12.81 per cent in the current fiscal, an official statement said. The percentage of growth of Coal India Ltd (CIL) was 11.90 per cent, 7.82 per cent for Singareni Collieries Company Ltd (SCCL) while captive and commercial mines was 20.94 per cent, it said. Overall supply has shown a growth of 11.70 per cent and supply to power sector has registered a growth of 7.87 per cent compared to same period last year. The C...
Coal production rises 12.8% till October in 2023-24
With an aim to promote green energy, Ministry of Coal and Ministry of New & Renewable Energy are all set to work together. During secretary-level joint meeting between the two ministries, it was decided that Ministry of New & Renewable Energy will provide technical, policy & capacity building support and Ministry of Coal will provide land, capital and undertake implementation of solar energy, green hydrogen and other renewable energy projects. In the hig...
Coal Ministry to work jointly with Ministry of New & Renewable Energy to promote green energy
The Coal Ministry said on Saturday that it has requested the Department of Financial Services (DFS) to consider classifying the coal sector under the 'Infrastructure Sector' so that bank finance becomes more easily available for mining operations. "This reclassification would enable banks and financial institutions to formulate policies more effectively to meet the increasing requirements of the coal sector in a time bound manner," the statement said. The Ministry said...
Coal Ministry seeks infra status for coal mines to ensure more bank funding
The provisional data from the Indian Bureau of Mines (IBM) has stated that India?s mineral output increased by 12.3 per cent in the month of August 2023 as compared to the same month a year ago. The index of mineral production of the mining and quarrying sector for the month of August 2023 at 111.9, is 12.3 per cent higher as compared to the level in the month of August 2022.The mines ministry said the cumulative growth for the April- August period over the corresponding period of the previou...
India`s mineral output increases by 12.3% in August
The Union Coal Ministry has achieved a record transportation of 500 million tonnes during the first half of the current fiscal.Out of this, 400 million tonnes have been dispatched for the power sector, while the overall coal dispatch is likely to touch 1 billion tonnes this fiscal, according to official sources.It is to be noted that out of 500 million tonnes of coal dispatch, 416.57 million tonnes dispatch was for the power sector and 84.77 million tonnes was for the non-regulatory sector.Th...
Coal Ministry achieves 500 mn tonnes transportation in first half of 2023-24
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