Tag Archives: Coal

G20 to end finance for dirty coal plants abroad by year-end: Draft

The world’s most advanced nations will stop financing “unabated” coal plants abroad by year’s end, G20 leaders wrote in a draft statement Sunday seen by AFP. The G20 will “put an end to the provision of international public finance for … Continue reading

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Coal ministry says supply of dry-fuel to thermal power plants rising consistently

The government on Thursday said supply of coal to thermal power plants (TPPs) has been rising consistently, which is evident from the rise in stock at power plants end. Average rise during the last one week is more than two … Continue reading

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Coal India suspends e-auction as coal crisis deepens, metal makers face a shortage

State-owned Coal India Ltd has written to the coal companies to refrain from conducting any further e-auctions of coal till the shortage situation stabilizes in the market. “Given the above fact, coal companies are advised to refrain from conducting any … Continue reading

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CIL signs pact worth Rs 1,880 crore for commercial extraction of coal bed methane

Coal India Ltd on Monday said its subsidiary Bharat Coking Coal Ltd (BCCL) on Monday signed a revenue sharing contract worth nearly Rs 1,880 crore for commercial extraction of coal bed methane (CBM) with Prabha Energy Pvt Ltd. The CBM … Continue reading

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Coal stocks with aluminium players depleting at an alarming rate: AAI

he Aluminium industry is struggling to sustain operations with alarmingly depleted coal stocks of only 1.5 – 3 days and is on the verge of stock out, said the Aluminium Association of India (AAI). “ Since August 21 the industry … Continue reading

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Mahanadi Coalfields further raises daily coal despatch; supply crosses 5.1 lakh tonnes a day in October

State-owned CIL arm Mahanadi Coalfields Ltd on Wednesday said it has further increased its business operations, with an average daily coal despatch crossing 5.1 lakh tonne in the current month, as it also keeps a close watch on the stock … Continue reading

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ICRA revises non-ferrous metal sector outlook to positive from stable

Rating agency ICRA has revised its non-ferrous metals sector outlook to positive from stable on the back of robust prices and improving demand despite a near-term concern of coal availability and increased cost of production for the non-ferrous metal companies. … Continue reading

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India’s long steel makers to witness better margins and higher capacity utilisation in H2 of FY 22: ICRA

India’s long steel product industry which caters to the infrastructure and construction sectors is set to witness improved margins and better capacity utilisation levels in the second half of the fiscal year amid rising demand and reduced input prices. “Following … Continue reading

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Punjab to source power from Tata’s imported Coal-fed Mundra plant

Punjab has agreed to take electricity from Tata Power ‘s imported coal-based power plant at Mundra in Gujarat for one week on an actual fuel cost basis. Gujarat and Maharashtra, the other beneficiary states of the project, are also expected … Continue reading

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Coal crisis: Number of power projects with less than 4-day coal stock dips to 61

The coal stock situation at thermal power projects seems to be inching towards normalcy as the number of non-pit head projects having less than four days of coal (supercritical stock) reduced to 61 on Sunday from 70 a week ago, … Continue reading

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