India’s coal production is expected to touch one billion tonnes in the next financial year. Representational image of workers unloading coal from a supply truck in Ahmedabad | Photo Credit: Reuters India’s coal production will touch one billion tonnes in the next financial year from 900 million tonnes this fiscal ending March, as the country […]
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A woman works at a coal depot in Ahmedabad. File | Photo Credit: AP India imported 131.92 million tonnes (MT) of coal worth ₹2.3 lakh crore in the April-September period of the ongoing financial year. In FY22, the country’s coal import of 208.93 million tonne (MT) was worth ₹2,28,741.8 crore, Coal Minister Pralhad Joshi said […]
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Representational file image. | Photo Credit: Reuters India’s thermal coal imports fell to the lowest levels in 10 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production. The country imported 10.83 million tonnes of thermal coal in November, the Coalmint data showed, compared with 12.03 million tonnes […]
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The Coal Ministry is also coordinating with Railways for rakes for smooth supply of coal to the power sector The Coal Ministry is also coordinating with Railways for rakes for smooth supply of coal to the power sector India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired […]
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Coal India Ltd. on Tuesday said the miner has not raised prices of the dry fuel in the last four years to ensure its supply at competitive prices to consumers compared to the international market. While addressing shareholders at the company’s 48th AGM, chairman Pramod Agrawal said that the CIL is committed to increase its […]
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Shares of the company climbed 2.02% to ₹219.85 apiece on the BSE Coal India Ltd. on Wednesday reported an almost threefold rise in consolidated net profit to ₹8,832.86 crore for quarter ended June on the back of higher sales. The company had posted a net profit of ₹3,169.86 crore in the year-earlier period, Coal India […]
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Coal accounts for nearly three-fourths of India’s power output, and utilities account for over 75% of India’s coal consumption. Coal accounts for nearly three-fourths of India’s power output, and utilities account for over 75% of India’s coal consumption. India’s coal imports hit a record high in June despite high global prices, data from three trade […]
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State-owned CIL on June 9 said that it has floated its maiden tender to import 2.416 million tonnes of coal to ensure adequate supply of the fuel to power plants in the country. The development assumes significance in the wake of the government making all efforts to build up stock of coal to avoid the […]
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Is India’s ambition to phase out coal-based power generation and switch to a natural gas-based energy production, viable? Is India’s ambition to phase out coal-based power generation and switch to a natural gas-based energy production, viable? The story so far: In April, Finance Minister Nirmala Sitharaman said India’s transition away from coal as a fuel […]
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The India Cements Ltd. has reported a net loss of ₹24 crore for the fourth quarter ended March against a standalone net profit of ₹72 crore in the year-earlier period on account of an almost fivefold increase in the prices of imported coal and loss of volume. “Fourth quarter was a fighting quarter,” N. Srinivasan, vice […]
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