India is world’s third largest producer and fourth largest consumer of electricity. Though the share of renewable energy in overall power generation is steadily increasing, it will take many years before it surpasses the total capacity of coal-fired power generation.
Coal India will conduct auctions under government’s Shakti scheme for entering into long term coal supply contract with some 12,000 mw of independent power producers that have long term power purchase agreements with state distribution companies but does not have coal supply contract.
RuhRPumpen, a $350-million Mexican company manufacturing centrifugal and reciprocating pumps, has invested nearly ₹100 crore in a new manufacturing plant near Oragadam.
The government has decided to defer stake sale in Coal India this year after the share price fell sharply, close to a 52-week low, making it impossible to fetch the sum it hoped for, company officials said.
The coal ministry has deferred indefinitely the fifth round of captive coal block auctions citing lack of demand from steel makers, despite a request from the steel ministry to continue the bidding for interested firms.
DELHI: India’s largest iron ore miner NMDC today said it produced 8.52 million tonne ore in the April-June quarter.
Private steel major Tata Steel has commissioned a mine air cooling system, first of its kind in the Eastern India, at its Digwadih colliery in Dhanbad district to rescue the miners working in a depth of more than 400 meters.
NALCO’s Angul unit today witnessed a major fire at its captive power plant (CPP) that gutted a more than ten year generator transformer.
Prospects for coal-generated electricity are receding globally, yet India remains one of the last countries to use the oldest and dirtiest energy source, although construction of new coal-fired power plants is faltering.
The Supreme Court today directed that no CBI officer, who is investigating the coal scam cases or officials from SIT probing allegations of “abuse of authority” against former CBI director Ranjit Sinha, would be transferred without its prior permission.