The coal ministry has allocated 11 mines to Coal India Ltd (CIL) arms – Eastern Coalfields Ltd (ECL), Bharat Coking Coal Ltd (BCCL) and Western Coalfields Ltd (WCL).
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.
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)
The coal ministry has cancelled mining license for Mandla South coal blockwon by Jaypee cement following sale of attached plants to Ultratech Cement.
The import of thermal coal is likely to increase in the coming months, as Coal India is set to miss its production target again – for an 11th straight month – causing a fuel shortage at the country’s thermal power plants.
Reliance Power said that its 3,960 MW Sasan ultra mega power project has got the permission from the coal ministry to increase mining output by a million tonnes every year to 18 million tonnes.
The Competition Commission has dismissed allegations of unfair business practices against state-owned Coal India Ltd (CIL) with regard to sale of coking coal.
A panel headed by former CVC Pratyush Sinha to review coal blocks auction mechanism is likely to submit its report in six-eight months, coal minister Piyush Goyal said.
The government is looking at 2018 with renewed optimism for the coal sector in the wake of demand upturn and expecting 6-7 per cent growth in supply of the dry fuel next year.
Acute coal shortages in India are beginning to take their toll on the country’s aluminium producers, as several of the major aluminium firms are unable to obtain sufficient quantities to keep captive power plants in operation.