Dues of power plants to Coal India increased to Rs 12,300 crore at the end of February from Rs 9,000 crore in May last year, prompting officials of the state-run monopoly miner to request the power ministry to intervene and help recover the amount.
Coal-fired power generation has registered a 4.37% growth during the April-February fiscal, compared with 5.47% in the previous corresponding period. Analysts, however, are predicting an increased capacity utilisation in the subsequent months.
The flexible use of domestic coal by power plants has resulted in savings of Rs 646 crore in the April-February period of the ongoing fiscal.
NLC India, a Navaratna company that comes under the Union coal ministry, has lined up a capital expenditure of Rs 1.29 trillion for increasing its mining and power generation capacity.
Indonesia has capped the price of domestic coal for power stations at $70 per tonne for two years, in new rules issued this week, a government spokesman said on Friday.
Union Minister of Railways and Coal Piyush Goyal in a written reply to a question in Rajya Sabha on Friday said that in order to meet the requirement of thermal power plants (TPPs), Coal India Limited (CIL)
Minister of Railways and Coal Piyush Goyal in a written reply to a question in Rajya Sabha on Friday Said all the employees of Coal mines, which are proposed to be closed down by subsidiaries of CIL, are being redeployed to other operative coal mines of the same Area or other Areas for their gainful utilization.
Union Minister of Railways and Coal Piyush Goyal in a written reply to a question in Rajya Sabha informed the upper house that under the provisions of the Coal Mines (Special Provisions) Act, 2015, auction of coal mines is conducted in an electronic platform through a transparent mechanism.
The coal ministry has cancelled mining license for Mandla South coal blockwon by Jaypee cement following sale of attached plants to Ultratech Cement.
40 Participants Of Indian Origin From 9 Countries Call On Piyush Goyal Under The 46th Edition Of “know India Programme”
As many as 40 participants of Indian Origin from Nine Countries called upon the Union Minister of Railways & Coal, Piyush Goyal in New Delhion Tuesday.