The first of a two-part series analyses how price signals have been planned in coal sector reforms
Coal workers affiliated to five trade unions had gone on strike from July 2-4.
A coal ministry official said that on Friday CIL produced 5.55 lakh tonnes of coal Friday, which is 42.7 per cent of the 10 days average production (from June 22 to July 1) of 12.969 lakh tonne
There is effectively no strict eligibility criterion for participating in the auction. The companies/joint ventures should be registered in India.
With the start of some economic activity and a slight pickup in power demand, some increase was expected in the company's coal volumes in May
In a gazette notification on Thursday, the ministry amended the Environment Protection Act to drop mandatorily washing coal for supply to thermal power plants.
These could include the much-talked-about proposal allowing commercial coal mining and may also include an ordinance on freeing up inter-state trade in agricultural commodities.
100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 trillion to eligible MSMEs and interested MUDRA borrowers
Auctioned mines will now entail reduced upfront payment; coal ministry has also introduced incentive for early production
The eight sectors in which reforms are to be introduced are coal, minerals, defence production, aviation, power discoms in UTs, space technology and atomic energy
The environment ministry now in its latest note has said, "In the overall scheme of coal, mine, washery and power plant, the extent of ash content in mined coal remains the same"
Electricity consumption slumped 21.3% in the first two weeks of the lockdown ended April 7, compared with the first three weeks of March, according to government data
Making it clear that he was not politicising the issue, the minister said many states are importing thermal coal which is substitutable
Joshi said India stood fifth in terms of coal reserves and the Centre was working towards achieving self-sufficiency in coal production
The state-run miner had a target to produce 660 million tonnes of coal in 2019-20 as against 607 million tonnes produced in the last fiscal
The government would do better to create a market for natural gas
"There is a shortfall and that's why we have opened up the sector. About the SHAKTI Policy… my predecessor Piyush Goyal has done well. But why are all these policies needed?", says Pralhad Joshi
Removal of end-use restrictions is a major step forward
The coal ministry has allocated Rohne and Tokisud North coal blocks under Section 5(1) of the Coal Mines (Special Provisions) Act, 2015, for commercial mining, NMDC said in a statement
This move gains significance as the new private entities are now going to form a significant part of the future