While there is no respite on prices of coal, considering transportation cost from mines to Nashik Thermal Power Station (NTPS), extensive work on managing the cost of auxiliary inputs has helped the administration to bring down the cost of electricity generation. Umakant Nikhare, chief engineer, NTPS, Mahagenco,
The fast depletion of coal, a strategic resource and India’s fuel of choice currently, has huge implications for energy costs, according to K Sivadasan, a sectoral expert.
The government’s disinvestment proceeds have touched Rs 53,558 crore so far in the current fiscal, as against the full year budget target of Rs 80,000 crore. Last week, as much as Rs 10,000 crore came in from Bharat-22 ETF and,
A ground-truthing report has revealed that multiple conditions laid down by government authorities to decrease the impact of air pollution on local communities and the environment at Mormugao Port Trust’s (MPT) coal-handling berths have been violated.
The National Company Law Appellate Tribunal (NCLAT) has set aside an order by the Kolkata bench of the National Company Law Tribunal which allowed initiation of insolvency proceedings against Eastern Coalfields (ECL), a subsidiary of India’s largest miner Coal India.
Shortage of coal at power plants, inadequate tariff hikes and rising operational costs after the 7th Pay Commission have been putting additional pressure on already hard-pressed electricity distribution companies (discoms).
Auctions for commercial coal mining may not take place soon as the country is entering the election mode, said a top government official. The statement comes amid resistance from the trade unions operating in the coal sector against commercial coal mining.
Coal India Ltd’s (CIL) effort to help power plants replace imported coal with domestic supplies hasn’t been quite a success as select power producers continue with their imports, which has worried the ministry.
Coal India Ltd, the world’s biggest coal miner, reported a 50.1 percent jump in third-quarter profit on Tuesday as it benefited from higher coal production.
The second round of coal auction under the Centre’s SHAKTI scheme for stressed assets would keep out former winners and bidders. Private power players have raised concern with the Cabinet Secretary that the bidding guidelines under SHAKTI-II