The government today said state-owned Coal India is hunting potential avenues for buying stakes in coking coal blocks overseas.
India’s coal demand is expected to grow at about 4% a year up to 2022 as thermal power plants generate more to meet strong demand, analysts say. However, imports are expected to fall, except for coking coal which is projected to rise 5% a year.
The Board of Coal India at its meeting held on 19 December 2017 has approved the introduction of Evacuation Facility Charges @ Rs 50 per tonne for despatch of coal on all despatches except despatch through rapid loading arrangement. This will come into force with immediate effect.
India’s coal demand is expected to grow at about 4% a year up to 2022 as thermal power plants generate more to meet strong demand, analysts say.
India’s infrastructure major Adani Group had announced yesterday that it has cancelled a $2.6 billion dollar contract with Australian mining services company Downer, just days after the Queensland government vetoed a concessional loan to the company for Carmichael coal mine.
Britain led calls for an end to coal-fired power generation at United Nations climate talks in Bonn last month but at the same time British companies are active in coal projects around the world, often with government help.
India’s Adani said on Monday it had cancel Led plans with Downer EDI Ltd to help develop and run its Carmichael coal mine in Australia after failing to secure a cheap government loan for the A$16.5 billion (US$13 billion) project.
V K Saraswat, member of NITI Aayog and former chief of DRDO, said that the Centre is promoting coal gasification to convert high ash coal into methanol to use it as cooking gas with an aim to cut down india’s dependence on West Asian countries for LPG imports.
NTPC plans to utilise the farm residue for power generation in its coal-fired power plants. Crop burning is one of the leading causes of air pollution in the Capital. Even as hapless citizens watch state governments shift blame for the national capital’s poor air quality, NTPC is moving ahead with its plans to play […]
China has given the go-ahead for a 15-million-tonne open-pit coal mine to be built in Inner Mongolia, the country’s top producing region, the latest in a string of approvals as Beijing seeks to ensure sufficient fuel supplies.