Lignite

The move is likely to translate into a reduction of around Rs 12 paisa per unit in their cost of electricity supply as coal-based capacity accounts for nearly 70% of total generation at an all-India level, according to ICRA Ltd.

MC Exclusive: Lara to be India's biggest thermal power plant as NTPC plans expansion

NTPC plans to expand Lara project’s capacity by another 1,600 MW, taking the total to 4,800 MW, making it the biggest thermal plant in India

NLC India Odisha power plant project finds BHEL as only bidder after L&T backs out

Initially, two parties - L&T-MHI and BHEL - participated in the bidding process. But finally, in the price bid only BHEL participated. We are not aware of any specific reason for L&T backing out, said Prasanna Kumar Motupalli.

NLC India CMD says no plans for divestment as of now; focus on asset monetization

The company has also sorted out most of the land acquisition issues for expansion of its lignite mine in Tamil Nadu's Cuddalore district, says Prasanna Kumar Motupalli. A section of the locals have been protesting against the project and in May, NLCIL had to shut five units of thermal power plant due to lignite shortage.

Union Cabinet approves continuation of its ‘Exploration of Coal and Lignite Scheme’

Approximately, 1300 sq. km area will be covered under regional exploration and nearly 650 sq. km area will be covered under detailed exploration.

40% capacity of upcoming coal-based power plants must be sourced from renewables: Govt

However, the government said that a captive plant shall be exempt from the requirement of RGO, if it fulfils the Renewable Purchase Obligations as notified by the central government.

Power business reported steady performance, says GMDC

In an interview to CNBC-TV18, L Kulsheshtra, CFO of Gujarat Mineral Development Corporation (GMDC) spoke about the results and his outlook for the company.

Mineral output down 5.7% in May, value is Rs 18,074 cr

India's mineral output fell 5.7 percent in May. The total value of the production stood at Rs 18,074 crore in the month under review. The index of mineral production of mining and quarrying sector in May 2013 was higher by 1.6 percent compared to that of April.

Power generation to fall by 320 MW due to indefinite strike

Nearly 30,000 workers, including 13,000 contractual employees of the three mines struck work at 9 PM last night protesting the Centre's decision to disinvest five per cent of its stake in the PSU.

Panel proposes no profit sharing clause for coal miners

The panel suggested that companies mining coal and lignite instead of sharing profit with local communities should pay equivalent amount to state government‘s District Mineral Corporations, reports CNBC-TV18‘s Rituparna Bhuyan.

States to get more from coal but you pay more

The government today approved new rates for royalty on coal and lignite, a development that will on one side enrich states like Jharkhand, Chhattisgarh and Andhra Pradesh by over Rs 1,000 crore, but on the other hand may result in higher electricity prices.

JSW Energy's Ratnagiri power plant now fully operational

JSW Energy has started commercial operations of the fourth 300 mega watt unit at its power plant at Jaigad in Maharashtra’s Ratnagiri district from Sunday. The entire 1200 mw power plant is now fully operational and supplying power to the state grid, the JSW group company said Monday.

Govt to set up expert group to revise royalty on minerals

The government will set up an expert group to look into royalty rates, which are due for review next year, for all major minerals other than coal, lignite and sand.

Refrain from allotting coal blocks in dense forests: PSC

Noting that various coal and lignite projects have not made headway for want of green nod, a Parliamentary panel has asked the government to refrain from recommending allotment of coal blocks falling in dense forests.

Technical cooperation with Poland on coal, lignite

The government today said it has sought technical cooperation from the government of Poland in the field of coal and lignite mining and also asked companies from the European country to invest in India.