A Niti Aayog report has said that India should explore options of setting up a manufacturing facility for methanol or dimethyl ether in Iran or Qatar as these countries have huge reserves of natural gas and can provide the same at very low prices.
In what could be termed as a major step towards ‘market pricing’ of coal, National Institution for Transforming India (NITI) Aayog has come up with a draft National Energy Policy that proposes to make all seven subsidiaries of Coal India Limited (CIL) including Western Coalfields Limited (WCL) as independent companies.
Electricity production from conventional energy sources increased by 7.2 per cent in May from the same month last year. Latest data from the Central Electricity Authority show that 107 billion units (BU) of electricity was produced from conventional sources in May this year. Electricity generation in Sikkim went up by 126 per cent to 820 million units.
India’s CoalMinistry has decided to adopt a more liberal approach to auctioning coal blocks as part of a strategy to open coal mining to the private sector.
The 41-km Dhanbad-Chandrapura line will close on Wednesday midnight and authorities have geared up to deal with any eventuality.
State-owned Coal India Limited plans to close 37 mines in fiscal 2017-2018, running from April to March, the company said Friday.
India’s state-run Coal India Limited Thursday posted a 4% year-on-year decline in coal output to 40.74 million mt for May.
Essar Power Limited has delivered a strong operational performance in FY 2016-17.While it generated 49% more power in the fiscal, the company also added 165 MW capacity to its portfolio by commissioning one unit each at its Paradip and Hazira plants.
State-owned thermal power plants in Gujarat that use coal as fuel, last year, recorded a plant load factor (PLF) of a mere 41 per cent.
Boards of three subsidiaries of state-run Coal India Limited have slashed valuations of the shares of these companies by at least 75% over the values declared earlier this month.