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Page 2 - Coal Demand

2023 could be another strong yr for coal as demand may reach record levels

Coal India, companies with captive coal mines in steel, power and other sectors will be at an advantage

2023 could be another strong yr for coal as demand may reach record levels
Updated On : 23 Dec 2022 | 10:04 PM IST

Trends show coal is here to stay despite India's renewable energy goals

Coal is dirty -- it makes up for 40 per cent of carbon dioxide emissions from fossil fuels, its mining wreaks havoc on the environment and burning it produces pollutants like mercury which are linked to acid rain and particulate matter that causes respiratory illnesses. But the war in Ukraine has caused a mini-energy crisis globally, pushing its use to record levels this year. And India, the world's third largest energy consumer, was at the forefront of the global rise in coal usage as it fell back on the easiest available fossil fuel in the face of a surge in oil and gas prices that threatened to derail the economic recovery from the pandemic. The trends of coal consumption and production this year indicate that the dirty fuel is here to stay despite the nation's ambitious target of meeting 50 per cent of energy requirements from renewable energy and non-fossil fuel capacity of 500 GW by 2030. India's coal consumption has doubled since 2007 at an annual growth rate of 6 per cent an

Trends show coal is here to stay despite India's renewable energy goals
Updated On : 18 Dec 2022 | 2:27 PM IST

Coal India banks on South Eastern Coalfields for output in Chhattisgarh

CIL has set a target of 700 million tonnes (MT) for FY23

Coal India banks on South Eastern Coalfields for output in Chhattisgarh
Updated On : 17 Nov 2022 | 4:35 PM IST

Focus is to capture, not halt, carbon emissions: Coal min Pralhad Joshi

'Both domestic exploration and buying stake in overseas mineral mines is on the agenda'

Focus is to capture, not halt, carbon emissions: Coal min Pralhad Joshi
Updated On : 16 Nov 2022 | 12:17 AM IST

Rich nations stick to coal phase-out as China builds new plants

Countries within OECD policy forum and European Union on track to close more than 75% of their coal power capacity from 2010 to 2030

Rich nations stick to coal phase-out as China builds new plants
Updated On : 15 Nov 2022 | 11:59 PM IST

'Greening' of coal: A peek into India's evolving stance towards emission

The war in Ukraine has forced India to review its plans to scale back the fuel in the overall energy mix

'Greening' of coal: A peek into India's evolving stance towards emission
Updated On : 13 Nov 2022 | 9:16 PM IST

Coal demand yet to peak in India, dry fuel still plays a key role: Joshi

The Centre on Wednesday said that the demand for coal in India is still to reach its peak and the dry fuel will continue to play a key role in the energy mix till 2040 and beyond. Therefore, shift from coal will not happen in foreseeable future in the country, according to coal minister Pralhad Joshi. Joshi in his opening remarks, while chairing a meeting of Parliamentary Consultative Committee of the coal ministry, said that there is a push towards energy transition away from coal in the global world. "However, for India, coal, being an affordable source of energy, holds prime importance for meeting its energy needs being fuelled by rising economy," he said. Coal accounts for more than 51 per cent of India's primary energy requirement and around 73 per cent of power generation. During the meeting it was also informed by the coal ministry that although there are no immediate challenges of coal phase down, companies involved in coal mining will have to manage the closure of already

Coal demand yet to peak in India, dry fuel still plays a key role: Joshi
Updated On : 09 Nov 2022 | 5:37 PM IST

Coal to be back again as gas becoming unaffordable: FM Nirmala Sitharaman

Given the global energy crisis, Finance Minister Nirmala Sitharaman has said that coal is going to be back again as gas has become unaffordable. Sitharaman, who attended the annual meetings of the International Monetary Fund and the World Bank, said the western world has seen countries moving to coal. The Western world has seen countries moving to coal. Austria has already said, and todaythey are going back to coal, Sitharaman told a group of reporters from India during an interaction on Saturday. Russia has sharply curtailed natural gas shipments to Europe in retaliation for sanctions that the West put in place after its invasion of Ukraine. In late April, Russia cut off gas supplies to Bulgaria and Poland after they refused Moscow's demand to pay for the deliveries in rubles, Russia's currency. Also, apart from that many countries in the West are moving away from coal to generate electricity as it contributes to climate change and air pollution. Responding to a question on her

Coal to be back again as gas becoming unaffordable: FM Nirmala Sitharaman
Updated On : 16 Oct 2022 | 5:14 PM IST

Coking coal price rise likely to delay margin recovery of steelmakers

The domestic market has also seen a sharp correction in steel prices from peak levels

Coking coal price rise likely to delay margin recovery of steelmakers
Updated On : 31 Aug 2022 | 11:55 AM IST

Action plan in place to ensure adequate coal availability during monsoon

The Union coal ministry is confident that till September-end, there will be 9-10 days of coal stock at the power units

Action plan in place to ensure adequate coal availability during monsoon
Updated On : 14 Jul 2022 | 3:04 AM IST

Rlys freight grows 11% on year in June at 125 MT, gains from loading coal

There has also been an increase of 7 per cent in freight leads, or the distance travelled for transportation of goods, which is a source of higher revenue for the railways

Rlys freight grows 11% on year in June at 125 MT, gains from loading coal
Updated On : 02 Jul 2022 | 1:09 AM IST

Coal shortage hurting non-power sectors still year after supply shift

In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent

Coal shortage hurting non-power sectors still year after supply shift
Updated On : 24 Jun 2022 | 12:27 AM IST

'Coal stock at over 52 MT; enough for 24 days' requirement of power plants'

In addition, about 4.5 MT coal stock is available at various goods shed sidings, private washeries and ports and is awaiting to be transported to the power plants

'Coal stock at over 52 MT; enough for 24 days' requirement of power plants'
Updated On : 19 Jun 2022 | 11:47 PM IST

India's Russian coal buying spikes as traders offer discounts: Report

Government data shows buying May 27-June 15 was up 6-fold; US says it does not want to see a 'rapid acceleration'.

India's Russian coal buying spikes as traders offer discounts: Report
Updated On : 18 Jun 2022 | 6:02 PM IST

Fuelled by coal demand, Railways earns Rs 14,000 crore from freight in May

This is the 21st consecutive month of the national transporter topping its own freight loading record

Fuelled by coal demand, Railways earns Rs 14,000 crore from freight in May
Updated On : 02 Jun 2022 | 3:44 AM IST

Environment approvals for coal mine expansions eased to tackle fuel crisis

Coal supplies at power plants are shrinking amid a grueling heat wave that's pushed electricity demand to a record in recent weeks

Environment approvals for coal mine expansions eased to tackle fuel crisis
Updated On : 12 May 2022 | 1:32 AM IST

Power outage risk increases as severe heat spurs coal demand

The hottest March in more than a century has heralded an early start to summer, increasing power consumption by air conditioners and refrigerators.

Power outage risk increases as severe heat spurs coal demand
Updated On : 21 Apr 2022 | 12:25 AM IST

Coal supply to Maharashtra increased considerably in April: Centre

The ministry added in a press release that the coal supply to thermal plants is increasing in tandem with an increase in demand for power

Coal supply to Maharashtra increased considerably in April: Centre
Updated On : 17 Apr 2022 | 4:06 PM IST

Power ministry recommends importing coal for blending to meet demand

It has also allowed tolling which essentially would mean giving electricity producers access to coal near a plant rather than transporting it from allocated mines that may be in far away areas

Power ministry recommends importing coal for blending to meet demand
Updated On : 13 Apr 2022 | 8:13 PM IST

'Demand for thermal coal to rise due to increase in electricity demand'

The coal ministry has taken consistent initiatives to increase the production of coal from captive mines

'Demand for thermal coal to rise due to increase in electricity demand'
Updated On : 12 Apr 2022 | 4:33 PM IST