Polish coking coal producer JSW has set aside 300 million zlotys ($81 million) on top of the 1.5 billion it already has in a special contingency fund, its Chief Executive Daniel Ozon said on Friday.
It has been reported that state-run coal major Coal India Limited (CIL) plans to commission a total of 18 new washeries by 2020 with nine of these washeries dedicated for processing coking coal and the remaining handling non-coking coal.
State-run miner Coal India Ltd (CIL) is planning to construct 18 new washeries by 2020 including nine for processing of coking and the other nine for meant for non-coking coal.
In March 2015 the Union government said through a press release, “India has hit a gold mine with the recently concluded auction of 29 coal mines in two phases. The public exchequer continues to swell on revenue from coal block auctions.
Officers of different Coal India Ltd subsidiaries on Wednesday staged a demonstration in front of the mining major’s headquarters here to press for wage-related demands.
The Board of Directors of Coal India in its meeting held on 25 September 2018 has approved ‘add on’ over notified price of NEC coal G-1 to G-5 grades prices w.e.f. 00:00 hours of 27 September’ 2018.
Tamil Nadu Generation and Distribution Corporation (Tangedco) is set to resume coal imports, with the first shipment expected on October 10, as domestic coal supply has not improved in the last few weeks.
Coal India, world’s largest coal producer, has been facing criticism for not being able to cater to domestic demand and its one-billion tonne target seems a distant future. Anil Kumar Jha, who took over as company’s chairman and managing director four months ago
The coal shortage in the country looks far from resolved as absolute coal stock levels have fallen to 11.8mn tonnes, the lowest level seen in CY18. This is a sharp fall from 14.7mn tonnes that was seen at the end of August 2018.
Odisha: Jharsuguda-Sardega Railway Line To Be Doubled, Will Increase Coal Handling From 13 To 40 Million Tonnes
In a bid to scale up coal handling, Mahanadi Coalfields Ltd, a Coal India subsidiary (MCL) has decided to double the 53.1 km Jharsuguda-Sardega rail link, which will shoot-up coal production, “MCL has already invested Rs 11.25 billion on the railway line.