Jul 01, 2020 07:17 AM IST Prime Minister Narendra Modi this month officially launched the auction of 41 coal mines to companies including those in the private sector, with an annual production capacity that is nearly one third of national total output.
Jun 25, 2020 04:21 PM IST The supply of coal by CIL to the power sector in April-May, 2018-19 was at 81.29MT, according to recent government data.
Jun 20, 2020 07:10 PM IST While launching the auction process which is expected to garner Rs 33,000 crore of capital investment in the country for the next 5-7 years, PM Modi had said that it is a major step in the direction of achieving self-reliance.
Jun 18, 2020 03:45 PM IST Global coal consumption declined by 0. 6 percent, while its share in primary energy fell to 27 percent – the lowest in 16 years
Jun 18, 2020 12:02 PM IST Launching the auction of mines for commercial mining, that is expected to garner Rs 33,000 crore of capital investment in the country over next five to seven years, the Prime Minister said India will win the coronavirus war and turn this crisis into an opportunity, and the pandemic will make India self-reliant.
Jun 17, 2020 03:17 PM IST The virtual auction event will be centred on the theme "Unleashing coal: New hopes for Aatmanirbhar Bharat", the coal ministry said.
Jun 11, 2020 07:20 PM IST As India has recently embraced the Aatma Nirbhar Bharat Abhiyan, the coal and mining sector has started gearing up to make the country self-reliant in coal mining through structural reforms, the ministry said.
Jun 07, 2020 01:37 PM IST Demand for coal import is expected to remain subdued in the short-term given the high coal stock levels in pithead and power plants, according to mjunction.
Jun 06, 2020 06:30 PM IST He was speaking at the virtual inauguration of Western Coal Field's (WCL) one underground mine in Adasa-Nagpur in Maharashtra and two underground mines in Sharda and Dhankasa in Madhya Pradesh with a total capital expenditure of Rs 849 crore.
Jun 06, 2020 01:42 PM IST Inaugurating three mines of WCL through video conferencing, the road transport, highways and MSME minister also asked the company to employ more 'sons of the soil' in its projects.
Jun 01, 2020 10:55 PM IST More than three quarters of the electricity generated in India is derived from coal, with Coal India - the world's largest coal miner - accounting for more than four fifths of India's domestic production.
May 28, 2020 12:32 PM IST Coal India (CIL) had supplied 40.90 million tonnes (MT) of April, 2019, coal ministry said in a report.
May 27, 2020 04:40 PM IST The government last week approved a methodology for commercial mining of coal on revenue sharing basis.
May 17, 2020 07:30 AM IST Finance Minister Nirmala Sitharaman in her fourth tranche of the economic package announced that commercial mining will be done on revenue sharing mechanism instead of the regime of fixed rupee/tonne.
May 16, 2020 04:36 PM IST The announcement was a part of the fourth set of measures under the Rs 20 lakh crore COVID-19 relief package.
May 14, 2020 02:25 PM IST State-owned CIL has been mandated by the government to replace at least 100 million tonnes (MT) of imports with domestically-produced coal in the ongoing fiscal.
May 13, 2020 08:22 PM IST Norway's parliament agreed in June 2019 to toughen existing limits on coal investments by the world's largest fund by excluding firms that mined more than 20 million tonnes of coal a year or generated more than 10 gigawatts of power from coal.
May 06, 2020 01:55 PM IST CIL, the world's largest coal-producing company, is a major supplier of the dry fuel to the power sector in India.
Apr 21, 2020 05:15 PM IST This comes at a time when the country's coal imports increased marginally by 3.2 percent to 242.97 million tonnes (MT) in the just-concluded FY20. Of the total, 110MT of fuel was unavoidable import, while the remaining nearly 130MT is avoidable import, the source said.
Apr 19, 2020 10:33 AM IST "There are no plans to revise downwards the output target of Coal India (CIL) for the ongoing fiscal. Coal India has been given the target to produce 710 MT of coal," the official said on condition of anonymity.
Apr 08, 2020 02:35 PM IST The country had imported 21.72MT of coal in March last year, according to a provisional compilation by mjunction services based on monitoring of vessels' positions and data received from shipping companies.
Mar 16, 2020 09:22 AM IST China churned out 489.03 million tonnes of coal over January and February, down from 513.67 million tonnes in the same period last year, data from the National Bureau of Statistics (NBS) showed on Monday.
Mar 13, 2020 05:33 PM IST It is "sufficient" for running the power plants for 23 days, a day more than the 22-day fuel stock mandate of Central Electricity Authority (CEA), the official said.
Mar 10, 2020 07:55 PM IST Coal is among the top five commodities imported by India, the world's largest consumer, importer and producer of the fuel.
Feb 17, 2020 09:30 PM IST While greater adoption of renewable energy contributed to lower output from coal-fired utilities, weak economic growth added to a slowdown in overall demand for electricity, economists say.
