Coal Ministry Increases annual coal supply to units from 4200 to 10,000 tonnes

The rationale for the amendment is that only small and medium sector consumers, having requirement less than 4200 tonnes per annum were entitled to take coal through SNA, large units having requirement of less than 4200 tonnes per annum were not recommended for coal by the District Industries Centre (DIC). Moreover, the limit of requirement of less than 4200 tonnes per annum needed to be revised as small units might have expanded over a period of time.

Coal Ministry Increases annual coal supply to units from 4200 to 10,000 tonnes

Union Ministry of Coal has announced increasing the annual cap of coal from 4200 tonnes per annum for sale through State Nominated Agencies* (SNA)* to 10,000 tonnes per annum. Ministry of Coal has issued an order amending the New Coal Distribution Policy (NCDP), 2007 to facilitate this increase in annual cap.

MoC Giving Finishing Touches To Its Coal Import Substitution Strategy for Public and Private Sector Plants in India

“One solution to increase usage of domestic coal in the private sector could be if the best of mines with high quality coal and lower ash content is further washed and offered….it can be brought to quality levels that can be burnt in existing boilers designed for clean and imported coal,” said Anil Sardana, CEO and MD of Tata Power.

MoC Giving Finishing Touches To Its Coal Import Substitution Strategy for Public and Private Sector Plants in India

Union coal secretary Anil Swarup said the ministry of coal has initiated a detailed exercise where it is working closely with the public and private industry and studying every single coal based plant in the country that is using imported coal.

Coal Ministry to Go Totally Digital From Nov 1, Coal Secretary, Anil Swarup

E-office is a digital workplace to ensure accountability and transparency. The e-office involves creation of an online version of files, which are signed with digital signature and moved to next officer online itself.

Coal Ministry to Go Totally Digital From Nov 1, Coal Secretary, Anil Swarup

In line with Prime Minister Narendra Modi’s vision of a ‘digital India’, the Ministry of Coal under Cabinet Minister Piyush Goyal will completely shift over to e-office from November 1, a move that will speed up decision making and ensure transparency. Another ministry under Goyal–the Ministry of Power is also in the process to become a digital workplace.

First Auction with One Year Contract on Coal without Specified End User Likely This Month

With no specified end usage, all industries like steel, cement, small and medium scale units can participate in this auction process, likely to be announced anytime soon and may happen as early as this month. The move is essentially aimed at utilising the surplus coal lying with CIL on the back of increased production.

First Auction with One Year Contract on Coal without Specified End User Likely This Month

The first of its kind auction by state-owned Coal India Ltd (CIL), where under a one year contract coal can be bought by any user, as this auction will not be linked to any specified end use requirement. With no specified end usage, all industries like steel, cement, small and medium scale units can participate in this auction process, likely to be announced anytime soon and may happen as early as this month.

CIL & ICFRE Signs MoU for Environment Related Issues in Coal Mining Projects

The MoU will also help in improving the rehabilitation and reclamation of the mined out areas. This arrangement would also help CIL in proper compliance and monitoring of the conditions that are laid down by the MoEF & CC while according environment and forest clearances.

CIL & ICFRE Signs MoU for Environment Related Issues in Coal Mining Projects

Environmental issues have often come in the way of timely completion of coal mining projects and have even delayed them in the past. In order to tide over these issues, state-owned Coal India Limited (CIL) and Indian Council of Forestry Research and Education (ICFRE) have signed a MoU for effectively monitoring of environment related issues in the coal mining projects.

First Auction with One Year Contract on Coal without Specified End User Coming Soon: Piyush Goyal

Cutting down on India’s coal imports thereby savings billions of dollars of forex outgo every year, state-owned Coal India has sufficiently ramped up coal production and is currently sitting in a surplus state. Most thermal power plants in India have atleast a 20-25 days of coal surplus from a situation of coal shortages or critical coal stocks at power plants.

First Auction with One Year Contract on Coal without Specified End User Coming Soon: Piyush Goyal

The government will soon do the first auction of a one year contract on coal which will not be linked to any end use requirement. This according to union minister for power, coal, RE and mines, Piyush Goyal will be the government’s first step towards commercial availability of coal.

Coal Tops The Chart of Minerals Production During June 2016

The total value of mineral production (excluding atomic & minor minerals) in the country during June 2016 was Rs 18344 crore.

Coal Tops The Chart of Minerals Production During June 2016

The contribution of Coal was the highest at Rs. 7171 crore (39%). Next in the order of importance were: Petroleum (crude) Rs. 5393 crore, Natural gas (utilized) Rs. 2077 crore, Iron ore Rs. 1802 crore, Limestone Rs. 584 crore and Lignite Rs.517 crore. These six minerals together contributed about 96% of the total value of mineral production in June 2016.

Ministry of Coal Shuns CAG’s Observations on E-Auction Of Coal Mines

Ministry of Coal Shuns CAG’s Observations on E-Auction Of Coal Mines

“Either you doubt that the process of auction was rigged, which the CAG has not said in this case”. Ïn any audit, it is mandatory to point out what is right and wrong….CAG has not done that… nowhere in its entire observations has the CAG mentioned that any law has been broken, what procedures have not been followed…and nothing of that sort is mentioned in the report.”