Coal India is targeting to produce 435 million tonnes of coal in this financial year. It plans to take up its annual production capacity to 520 million tonnes by the 201112, the terminal year of ...
Coal India Limited: Customers of nonregulated sector are large in numbers and blockage of working capital in coal movement through railways was, of late, found to have a bearing on their financial health, the miner said. X. We use cookies to ensure best experience for you.
New Delhi: The coal ministry will issue a directive to Coal India ( CIL) asking it to relax its norms under the provisions of fuel supply agreements (FSAs) to facilitate coal imports for power projects. The staterun miner will supply imported coal on a costplus basis along with an administrative charge to be decided by its board of directors.
Most of the coal production in India comes from opencast mining, contributing over 83% of the total production. Coal India employs some 460,000 people and is one of the largest five companies in India." Coal India reports that its annual coal production has grown from 79 million tonnes in 1975 to million tonnes in .
Reuters. As the world's thirdlargest consumer of energy, India is feeling the heat from surging coal prices. To meet the country's growing demand for power and reduce its exposure to the economic impact of volatile prices, New Delhi is working to boost domestic production of coal, despite India's reputation as one of the world's most ...
The Insurance Regulatory and Development Authority of India (Irdai) has relaxed norms for 'surety bonds' to increase availability and expand the surety insurance market. The solvency requirement applicable for such products has been reduced to times from times and the 30% exposure limit on each contract underwritten by insurers has been removed.
A stack of coal at a wholesale market in Mumbai on May 5. Production of coal, the fossil fuel that accounts for more than 70 percent of India's electricity generation, has not kept pace with ...
Follow Us. Shares of Coal India (CIL), the staterun coal mining and refinery company, declined up to 6 per cent in the intraday deals on the BSE on Monday, after the Union government opened up the mining sector in a big push for privatisation. At 12:06 pm, the stock was trading around per cent lower at Rs apiece on the BSE.
India looks to relax norms to pull global coal miners. Reuters. Last Updated 18 November 2019, 08:46 IST. ... a move that could end Coal India Ltd's nearmonopoly on the fuel. ...
By PTI. NEW DELHI: The Ministry of Power on Friday said it has modified norms for pass through of higher cost of imported coal used by domestic thermal plants having power supply agreements with ...
The Indian government wants to ramp up the country's coal production and consumption. In line with this goal, the union environment ministry has now made it easier for thermal power plants to change the source of coal from imported to domestic a procedure that so far involved seeking an amendment in the environment clearance that such plants already had.
The government has relaxed norms for blending of imported coal by power generation companies and allowed states and independent power producers to import the fuel as per requirements.
Updated On Dec 18, 2022 at 07:07 PM IST New Delhi: Coal is dirty it makes up for 40 per cent of carbon dioxide emissions from fossil fuels, its mining wreaks havoc on the environment and burning it produces pollutants like mercury which are linked to acid rain and particulate matter that causes respiratory illnesses.
Competition Commission of India (CCI), which last year slapped a penalty of Rs 1, crore on Coal India for indulging in unfair business practices, today passed two fresh orders on different complaints. The two complaints, filed last year, pertain to anti competitive practices in an eauction scheme and fuel supply pacts, respectively.
Kolkata: Following pressure from the unions, Coal India has agreed to relax norms for the voluntary retirement scheme for women launched in March, extending the date for applications by six months and increasing the eligibility age to 55 from 50. Some other conditions of the scheme, which allows the sons of women workers who opt for voluntary retirement to be employed at the company, are also ...
Coal India (CIL) has now made supply norms flexible for small consumers at a time when the Union coal ministry is absolutely focusing on supplying coal to the power sector only.
Hoping that power plants lift more coal from its pits, staterun Coal India (CIL) has relaxed payment norms for its customers. Customers, who had to clear payments to CIL by April 7, can now pay ...
Tight supply of coal to power plants and expected rise in import of the dry fuel amid high international prices will put upward pressure on electricity tariff, according to an Icra report. "Given the continued tight domestic coal supply position over the last sixmonth period, coal import dependency for the power sector is expected to increase moderately in the nearterm.
Coal production of India. Coal in India has been mined since 1774, and India is the second largest producer and consumer of coal after China, mining million metric tons ( million short tons) in FY 30% of coal is imported. Due to demand, supply mismatch and poor quality with high ash content, India imports coking coal to meet the shortage of domestic supply.
In 2015, India's coalfired power plants were ordered to reduce emissions of sulfur dioxide and nitrogen oxide. Adoption of the technology to capture these pollutants has been limited, with ...
Reducing reliance on coal will be a key first step in achieving these five objectives: Nonfossil energy capacity to reach 500GW by 2030. This ambitious target is more than three times India's current nonfossil fuel capacity, and more than India's total grid size. While the government is still to provide a sector breakdown, the Central ...
The trends in coal consumption and production this year indicate that the dirty fuel is here to stay despite the nation's ambitious target of meeting 50 per cent of energy requirements from ...
India's coal production grows pc to 73 MT in April; despatch rise pc to MT: Coal Ministry. India's coal production rose by % to million tonnes in April 2023, according to the ministry of coal. In April 2022, the country's overall coal production was at MT, as per the ministry data.
The trends of coal consumption and production this year indicate that the dirty fuel is here to stay despite the nation's ambitious target of meeting 50 per cent of energy requirements from renewable energy and nonfossil fuel capacity of 500 GW by 2030.
Govt looks to ease norms to attract global coal miners, industry sceptical ... for coal mining blocks before end2019, sources familiar with the matter told Reuters in August, a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global ...
The court will also decide whether norms should be relaxed. Under the new norms introduced in 2015, power plants commissioned between 2003 and 2016 which account for 65% of India's total 197 ...
India has eased coal import targets for utilities owned by state governments and private companies, according to an internal notice reviewed by Reuters. India's power ministry has asked state governmentrun utilities and private power producers to assess the amount of coal needed to be imported for blending, according to a notice issued to ...
India coal export: Asserting that India has adequate coal reserves, Union Coal Minister Pralhad Joshi today (March 29) said the country will start exporting the dry fuel by 202526. From a net ...
Tags. The government on Wednesday launched the seventh round of commercial coal auctions in a bid to increase the availability of the dry fuel in the country. A total of 106 coal mines were put on ...
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