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  • UltraTech Cement paying for Russian coal in Chinese yuan Jun 30, 2022 06:51 AM IST

    UltraTech Cement paying for Russian coal in Chinese yuan

    UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino, the document showed. It cites an invoice dated June 5 that values the cargo at 172,652,900 yuan ($25.81 million).

  • Indian coal ministry seeks help from World Bank to re-purpose abandoned mines Jun 29, 2022 02:26 PM IST

    Indian coal ministry seeks help from World Bank to re-purpose abandoned mines

    Indian officials are rushing to make more coal available for utilities as shortages in the July-September quarter are forecast to be wider than initially estimated due to expectations of high power demand.

  • Govt receives 38 bids for commercial mines' auction Jun 28, 2022 09:16 AM IST

    Govt receives 38 bids for commercial mines' auction

    The online bids received as part of the auction process will be opened on Tuesday from 10 AM onwards in the presence of interested prospective bidders, coal ministry said in a statement.

  • PowerShock | Discom bailout- here we go again! Jun 24, 2022 02:59 PM IST

    PowerShock | Discom bailout- here we go again!

    A mistake repeated more than once is a choice. Policymakers have to decide whether they can keep repeating the past or is it time to choose big bold reforms to save the power sector and taxpayers’ money.

  • We need to shield climate target from energy shock  Jun 24, 2022 08:44 AM IST

    We need to shield climate target from energy shock 

    Countries, including India, should ensure that near-term reliance on coal does not come in the way of reducing global carbon footprint  

  • Coal-based electricity generation backbone of India's power sector; to stay this way for 2-3 decades: NTPC chief Jun 22, 2022 09:51 PM IST

    Coal-based electricity generation backbone of India's power sector; to stay this way for 2-3 decades: NTPC chief

    According to Gurdeep Singh, Chairman and Managing Director of the state-run power company NTPC, coal-based energy generation is the backbone of the nation's power supply and would remain that way for the next 20 to 30 years.

  • Tata Steel buys coal from Russia weeks after vowing to cut ties Jun 20, 2022 09:04 PM IST

    Tata Steel buys coal from Russia weeks after vowing to cut ties

    India's top steelmaker Tata Steel (TISC.NS) imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with Russia.

  • Europe may shift back to coal as Russia turns down gas flows Jun 20, 2022 06:29 PM IST

    Europe may shift back to coal as Russia turns down gas flows

    Italy's Eni said it had been informed by Russia's Gazprom that it would receive only part of its request for gas supplies on Monday, pushing the country closer to declaring a state of alert that will spark gas saving measures.

  • India's Russian coal purchases spike despite sanctions Jun 20, 2022 09:23 AM IST

    India's Russian coal purchases spike despite sanctions

    Russia, facing severe Western sanctions over its invasion of Ukraine, warned the European Union in April against sweeping sanctions on coal, saying they would backfire as the fuel would be redirected to other markets.

  • India's coal import may drop 11% to 186 MT in FY'23 Jun 13, 2022 04:46 PM IST

    India's coal import may drop 11% to 186 MT in FY'23

    Even though the state-owned corporation Coal India Ltd has issued import tenders to source the dry fuel from overseas, India's coal imports are expected to drop by 11.4 percent to 186 million tonnes (MT) in the current fiscal year.

  • Is Delhi’s coal ban more hot air? Jun 10, 2022 05:16 PM IST

    Is Delhi’s coal ban more hot air?

    The latest directive from the Commission for Air Quality Management is a step in the right direction, but for it to be effective it cannot have double standards and give a free pass to thermal power plants

  • Coal India issues maiden tender to import coal Jun 09, 2022 11:13 AM IST

    Coal India issues maiden tender to import coal

    The state-run miner, which has little experience in importing coal, was asked to place orders for shipments from overseas by the power ministry last month.

  • Use of imported coal in thermal plants to cost power consumers dear, says AIPEF Jun 08, 2022 04:05 PM IST

    Use of imported coal in thermal plants to cost power consumers dear, says AIPEF

    The use of imported coal would increase the electricity tariff by 70 paise to one rupee per unit, says the All India Power Engineers Federation. The total additional cost burden on the states on account of imported coal would be in excess of Rs 24,000 crore.

  • Air quality panel bans use of coal in Delhi-NCR from next year Jun 08, 2022 01:20 PM IST

    Air quality panel bans use of coal in Delhi-NCR from next year

    However, the use of low-sulphur coal in thermal power plants has been exempted from the ban.

  • Power producers have started importing coal to boost electricity supply, says Union Minister RK Singh Jun 07, 2022 06:44 PM IST

    Power producers have started importing coal to boost electricity supply, says Union Minister RK Singh

    The minister says the state governments have now started importing coal, which has pushed India's reserve stock of coal back up to 20 million tonnes.

  • India to ramp up coal output to reduce dependence on imports: Moody's Jun 07, 2022 02:55 PM IST

    India to ramp up coal output to reduce dependence on imports: Moody's

    The government has recently mandated CIL to import coal as an emergency measure to avoid a shortage of coal for the country's power utilities and build up buffer stock.

  • Railways cancelled almost 9,000 train services this yr, over 1,900 due to coal movement: RTI Jun 05, 2022 07:35 PM IST

    Railways cancelled almost 9,000 train services this yr, over 1,900 due to coal movement: RTI

    Officials said due to severe shortage of power, the Railways has been forced to prioritise the movement of coal rakes over passenger services.

  • Expect 58 coal blocks to be operational in FY23, production of around 138.28 million tonnes: Govt Jun 03, 2022 06:53 PM IST

    Expect 58 coal blocks to be operational in FY23, production of around 138.28 million tonnes: Govt

    While the estimated production will be higher as compared to FY21, it will fall short of the initial target of 203.67 million tonnes.

  • Govt asks CIL to be ready to import 12 MT of coal for power utilities Jun 03, 2022 05:51 PM IST

    Govt asks CIL to be ready to import 12 MT of coal for power utilities

    The state gencos and independent power producers have sought time till Saturday afternoon to figure out the quantity of coal they require and the import orders would be placed by Coal India very soon, a source said.

  • Cement firms post muted March quarter and analysts expect more pain ahead Jun 02, 2022 09:11 AM IST

    Cement firms post muted March quarter and analysts expect more pain ahead

    Thirty five firms reported six percent rise in sales as net profit fell for the second quarter by 11 percent year on year but rose 72 percent sequentially.

  • Record renewables output helps India ease coal shortage in May Jun 01, 2022 02:31 PM IST

    Record renewables output helps India ease coal shortage in May

    Surging supply from renewables will go some way towards mitigating India's coal shortage amid extraordinarily rapid growth in demand, which has forced the country to reopen mines and return to importing the fuel.

  • PowerShock | Banks come to the rescue of the power sector, again! May 31, 2022 12:48 PM IST

    PowerShock | Banks come to the rescue of the power sector, again!

    Banks are even thinking about providing priority funding to power plants that are functional but some loans of the generating company have turned non-performing

  • India to cut output from 81 coal-fired power plants to save 60.2 MT carbon emission: Report May 31, 2022 12:09 PM IST

    India to cut output from 81 coal-fired power plants to save 60.2 MT carbon emission: Report

    India plans to reduce power generation from at least 81 coal-fired utilities over the next four years, the federal power ministry said in a letter on May 30, in an effort to replace expensive thermal generation with cheaper green energy sources.

  • COP26 | Can we phase out coal? Here’s all you need to know May 30, 2022 05:29 PM IST

    COP26 | Can we phase out coal? Here’s all you need to know

    Here’s a look at how coal would need to be eliminated from the energy mix in order to reach net zero goals by 2050, based on data provided by the International Energy Agency (IEA).

  • India plans to phase down at least 81 coal-fired utilities in 4 years May 30, 2022 02:40 PM IST

    India plans to phase down at least 81 coal-fired utilities in 4 years

    The energy hungry nation expects the plan to reduce power generation by 58 billion kilowatt hours (kWh) from the 81 utilities to save 34.7 million tonnes of coal and cut carbon emissions by 60.2 million tonnes, the power ministry said.

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