Coal imports by Indian coal utilities during the first half of 2019 rose 53.4% from a year earlier to 35.47 million tonnes, data provided by India’s Central Electricity Authority (CEA) showed.
In what is being marked as a turning point for India’s green economy, investments in the country’s renewable energy sector doubled over the last five years to around $20 billion in 2018, surpassing the capital expenditure in the thermal power sector, according to a study.
India may spin off units of Coal India, the world’s largest coal miner, into separate listed companies to boost competition and raise government funds, according to people with knowledge of the matter.
The government plans to auction more than 41 new coal blocks “very shortly”, Union minister Prahlad Joshi said on Wednesday. He told the Lok Sabha that a number of important steps have been taken to augment and monitor coal dispatches to power plants.
The country has imported 51.84 million tonnes of coking coal in FY19, Parliament was informed July 15. “The entire demand of coking coal is not met from domestic production as the supply of high quality coal/ coking coal (low-ash-coal) in the country is limited and thus no option is left but to resort to import of coking coal
Surat Municipal Corporation (SMC) has started a campaign against coal transport vehicles spilling mounds of coal ash on the stretch from Magdalla to ONGC bridge on Surat-Dumas Road.
Seven months after 15 people were trapped in an illegal coal mine in Meghalaya, the Supreme Court Friday allowed the state government’s plea seeking its permission to call off the ongoing operation to retrieve the bodies.
The government has rejected the demand of 20,000 Coal India executives that the company’s pay scale should be the same as that of some other state firms such as Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Limited (BPCL).
Union minister Pralhad Joshi Wednesday said the auction of coal blocks would commence “very shortly”. The coal minister also said that major policy changes would also be notified very shortly and expressed hope that the auction would be successful.
Mining major Coal India on Wednesday said Sanjiv Soni has taken over as its new finance director. The post was lying vacant since October 2018 and marketing director SN Prasad was holding additional charge of the portfolio.