Rain, industrial slowdown are helping India kick its coal habit
Coal generation fell for a fourth month in November, the longest such streak in govt data going back to 2005.
Six Coal India arms did not formulate policy as mandated by environment ministry: CAG
"Six out seven coal producing subsidiaries of CIL did not formulate a policy as mandated by MoEF&CC (Ministry of Environment, Forest and Climate Change) which stipulated that a well laid down environment policy duly approved by the Board of Directors of the subsidiaries needs to be in place," the report by the Comptroller and Auditor General of India said.
Coal linkage rationalisation leads to Rs 3,770 crore savings per year by 58 TPPs: CIL
A total of 63 million tonne of coal movement is currently involved under the rationalisation policy, CIL sources said.
Independent power producers allowed to use Coal India supplies across plants
This is expected to reduce the cost of power generation making them more competitive because if a power company has separate fuel supply agreement for each plant, it can transfer coal from one plant to another. This would also reduce transport cost and take the load off railways during peak season.
Coal India Ltd eases norms for coal supplies to non-regulated customers and IPPs
State-run Coal India Limited (CIL) on Friday said it has relaxed norms for supplying the fuel to its customers of non-regulated sector by extending "letter of credit" to them and allowing an independent power producer (IPP) to transfer coal from one plant to another.
Employee association of CIL, SCCL to go on day-long protest over lack of pension reforms
The association says that pension of Coal India Ltd (CIL) and Singareni Collieries Company Ltd (SCCL) employees has not been reviewed since 1998 despite a provision requiring a review of the Coal Mines Pension Scheme (CMPS) every three years.
CMPDIL to help Singareni Collieries set up washeries
CMPDI will prepare tender documents, conduct technical assistance in evaluation of offers, approve design drawings & offer periodic supervision during execution. For the coal handling plants with washery, CMPDI will prepare tender documents, offer technical assistance in evaluation of offers and approve design drawings. The MOU is for a period of 3 years.
Ports handle 463 million tonnes cargo in April-November
Cargo volume handled by top 12 Indian ports was marginally up by 0.34% at 463.07 million tonnes (mt) during April-November, against 461.48 mt in the corresponding period of the last fiscal.
JSPL hopeful of getting Gare Palma coal block: VR Sharma
In the October to December quarter (Q3), we will be surpassing all our records.
Share market update: Metal shares mixed; Coal India down 1%
The Nifty Metal index was trading 0.09 per cent up at 2546.2 .
CIL in talks with Russian company for extraction, import of coking coal
VostokCoal-Diskon is developing coal extraction facilities at the Taimyr coal basin of Taymyr Peninsula in central Siberia. It has been exploring the area since 2016 and has recently opened two deposits that would touch peak capacity of 30 million tonnes a year. VostokCoal will build a coal terminal and create a specialised fleet for exporting coal round the year.
Massive dues of coal PSUs: Parliament panel calls for punitive action on power companies
The Standing Committee on Coal and Steel in a report tabled in Parliament on Friday also noted that huge amount of dues are outstanding from the state and other utilities for years.
International coal companies needs time to understand Indian market: World Coal Association Chief
International companies will require time to understand India's supply chains and how to meet growing demand of coal, following opening up of the Indian coal sector to foreign direct investment, feels World Coal Association.
Coal India faces CAG heat over Rs 371 crore excess PF deposit
PSU accused of violating law by parking co’s share of leave encashment
Share market update: Metal shares decline; Coal India down 2%
The Nifty Metal index was trading 1 per cent down at 2577.95 .
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