Page 4 - Coal Ministry

222.93MT coal produced in Q1FY24, up 8.4% from last year: Coal Ministry

Coal India contributed the most to this growth, producing 175.35 mt coal in the first quarter of financial year 2023-24

Coal Ministry receives 35 bids under 7th tranche of coal mines auction

The coal ministry on Tuesday said it has received 35 bids under the seventh round of auctions of commercial coal mines. This round of auction was started by the ministry for 103 mines on March 29, 2023. The last date for submission of bids was June 27. According to the ministry, a total of 35 offline bids have been received for 18 coal mines and two or more bids have been received for seven mines. The online bids received as part of the auction process will be opened on June 28.

Technical bids for 7th coal block auction to open on Wednesday: Ministry

Technical bids coming for the seventh round of commercial coal block auctions will be opened on June 28, an official statement said on Monday. "As part of the auction process, Technical Bids comprising of online and offline bid documents will be opened on June 28, 2023, 10:00 am onwards at New Delhi, in the presence of the bidders," the Ministry of Coal said in a statement. The last date for submission of online technical bids for all the coal mines is 1200 hours on June 27, 2023, and offline submission is 1600 hours on June 27, 2023, it said. On March 29, the government on Wednesday launched the seventh round of commercial coal auctions in a bid to increase the availability of dry fuel in the country. A total of 103 coal mines were put on the block in the latest round of auctions. Of the total mines offered, the majority of blocks are partially explored. The government amended the mineral laws to open up the coal sector to provide a level-playing field to the public and private .

Coal Ministry nod to hike in wage of Coal India non-executive employees

The Coal Ministry has said it approved a wage revision agreement that was reached with trade unions for non-executive employees of Coal India Limited. The agreement provides for a 19 per cent of minimum guaranteed benefit from July 1, 2021, on emoluments - basic, Variable Dearness Allowance (VDA), Special Dearness Allowance (SDA) and attendance bonus besides a 25 per cent increase in allowances. In a communication to Coal India, the ministry said, "The MoA (memorandum of agreement) for NCWA-XI as signed by Coal India Limited, Singareni Collieries Company Limited and trade union representatives, has been confirmed." The agreement was reached in May by the Joint Bipartite Committee for the Coal Industry (JBCCI)-XI consisting of representatives of CIL management, Singareni Collieries Company Limited (SCCL), five central trade unions - BMS, HMS, AITUC, CITU and Indian National Mine Workers' Federation (INMF). The agreement will benefit around 2.81 lakh employees of CIL & SCCL who ...

Overall coal stocks reach 110.58 million tonnes, up 44%: Coal ministry

The cumulative coal production for FY24 reached 182.06 MT as on June 13 compared to the previous year's production of 168.17 MT for the same period

Centre issues allocation orders to successful bidders of 22 coal blocks

The nominated authority, Ministry of Coal has issued vesting orders for 22 coal mines to successful bidders of coal blocks, said the ministry

Coal production grows 8.5% to 73 tonnes in April, says Coal Ministry

India's coal production rose by 8.5 per cent to 73.14 million tonnes (MT) during April 2023, according to the ministry of coal. In April 2022, the country's overall coal production was at 67.20 MT, as per the ministry data. India achieved 94.89 per cent of the 77.08 MT production target for April 2023, the data showed. Coal India along with its subsidiaries produced 57.57 MT coal, up 7.67 per cent over 53.47 MT in April 2022. The coal production of Singareni Collieries Company Ltd (SCCL) rose by 4.77 per cent to 5.57 MT, from 5.32 MT in the same month a year ago. While the production from other captive mines was at 10 MT, against 8.41 MT in April 2022, registering a rise of 18.93 per cent. Against the 82.26 MT target for April 2023, India's coal despatch was at 80.35 MT, up 11.66 per cent from 71.96 MT during April 2022. The despatch to power utilities rose by 6.66 per cent to 65.41 MT last month, as compared to 61.33 MT in April last year. India is among the top five coal-prod

NLC India board approves raising up to Rs 5,000 crore through bonds

The company's board has also approved a proposal for the incorporation of a wholly-owned subsidiary company to take over the existing renewable assets

67 first mile connectivity projects may complete by 2027: Coal Ministry

As many as 67 first-mile connectivity (FMC) projects are expected to be completed by 2027, an official statement said on Friday. First-mile connectivity refers to the transportation of coal from pitheads to dispatch points. At a review meeting chaired by M Nagaraju, Additional Secretary, to assess the progress of FMC projects of coal companies, the ministry reviewed 67 FMC projects -- Coal India (59), SCCL (5) and NLCIL (3) -- with a capacity to load 885 MT coal per annum. These projects will be completed by 2027, according to a statement. To ensure efficient and environment-friendly coal evacuation, the government is working on the development of the National Coal Logistic Plan, including first-mile connectivity through railway sidings near coal mines and strengthening of the rail network in coalfields. The coal ministry has set a target to produce 1.31 billion tonnes (BT) of coal by FY25 and 1.5 BT in FY30. In this context, the development of coal transportation that is ...

Coal Min sets 1-bn tonne target for FY; aims Rs 50k-cr asset monetisation

CIL will award its mines to private contractors through the 'mine developer and operator (MDO)' mode

Coal ministry aims to produce 1,012 million tonnes of dry fuel in FY24

Coal ministry aims to produce 1,012 million tonnes of dry fuel in the current financial year

Coal exports: Low quality, rising power consumption may be major hurdles

Back to the issue of exports, India would need to mine surplus coal beyond its domestic needs

Coal ministry to hold discussions with coal block allottees on Apr 12

Coal ministry officials will interact with the representatives of captive and commercial coal block allottees on Wednesday to discuss ways to increase coal production and other issues. The meeting, to be held in the national capital on April 12, will be attended by Coal Secretary Amrit Lal Meena and Additional Coal Secretary and Nominated Authority M Nagaraju. "In order to ensure India's energy needs, the ministry will hold an interactive session with allottees of captive and commercial coal blocks. "It will showcase significant reforms implemented to make the sector more appealing and will also solicit feedback and suggestions from all stakeholders in order to expand the domestic coal production, lower the need for imported coal, and facilitate ease of doing business in the country," the ministry said in a statement on Monday. The ministry will also review the actual coal production for the fiscal 2022-23 as well as the production targets for the year 2023-24. The ministry launch

India records historic growth in coal output at 982 MT in FY23: Joshi

India has recorded historic growth in its coal output at 982.21 million tonnes (MT) in 2022-23, Union Coal Minister Pralhad Joshi said on Saturday. At 982 MT, the country's total coal production is 14.65 per cent higher from 778.21 MT produced in the 2021-22 fiscal, the minister said in a statement. "This is a historic moment for the coal sector. I congratulate all the coal warriors and stakeholders for the record growth. Despite the stiff targets, CIL, SCCL, along with captive & commercial mines have produced more than 892 MT of coal in FY23," Joshi said. He said Coal India Ltd (CIL) has done a tremendous job by surpassing its FY23 fiscal's target and produced 703.20 MT of coal, which is 12.94 per cent up from 622.63 MT in 2021-22. Further Singareni Collieries Company Limited (SCCL) produced 67.14 MT as against 65.02 MT a year ago, registering a rise of 3.25 per cent. The captive & commercial mines producers produced 121.88 MT coal, up 34.59 per cent from 90.56 MT in the ...

India to start coal export by 2025-26, says Coal Minister Pralhad Joshi

Asserting that India has adequate coal reserves, Union Coal Minister Pralhad Joshi on Wednesday said the country will start exporting the dry fuel by 2025-26. From a net importer of coal, India is moving towards becoming a net exporter of non-coking coal, Joshi said on the sidelines of the seventh round of auctions for commercial mining of coal blocks in the national capital. The minister also assured of an uninterrupted supply of coal in the approaching summer season -- when the peak demand is expected to be 229 GW during April. Domestic demand for coal is estimated to reach 1,087 million tonnes in the ongoing financial year. The industry meets some parts of its requirements through imports. According to the Coal Ministry, India's cumulative total estimated coal reserve as of April 1, 2022, was 3.61 lakh million tonnes (MT). On a question related to imports, he said India's imports of substitutable coal were 90 MT, which will be stopped by 2025-26 when the country will start ...

Govt to auction 27 more coal mines starting February 27

The coal ministry on Wednesday said that 27 coal mines would be put on sale in the next round of commercial mines auction starting from February 27. The auction process for 141 coal and lignite mines was launched by the coal ministry in November last year. "After completion of technical evaluation, 27 coal mines which received more than one bid, will be put up for forward auction from Monday, February 27, 2023 onwards," the ministry said in a statement. In a bid to familiarise bidders with the auction process, mock e-auction will be conducted on February 24. According to the statement, the ministry launched the 6th round and 2nd attempt of 5th round of commercial coal mines auctions on November 3, 2022, which received unprecedented response from industry. "96 bids were received for 36 coal mines, including participation from many first time bidders, reflecting the enthusiasm among the bidders and the positive sentiment about coal mining sector," it added.

Mines ministry in process of identifying mineral blocks in sea: Secretary

The government is in the process of identifying mineral blocks like nickel in the sea and would gradually put them on sale, mines secretary Vivek Bharadwaj said on Friday. The mines ministry is amending the Offshore Areas Mineral (Development and Regulation) Act, 2002 and has sought the stakeholders' views on the same. "Because the critical minerals are becoming even more critical, there is this thought that why are we not mining in the oceans...Unfortunately we have not been able to mine the oceans. Now we are amending the Act. It is in public domain, open for comments for the industry, the stakeholders," the mines secretary said during Metal & Metallurgy Expo-2023 organised by CII. The ministry, he said, is in the process of identifying these blocks in the sea and as there are no stakes in there, the auction will be done by the government of India. "That will also be a huge opportunity for industry, a totally new area of operations," he explained. Critical minerals such as ...

Coal minister Joshi asks CIL to remove bottlenecks to boost production

Minister of Coal and Parliamentary Affairs Prahlad Joshi on Tuesday urged coal companies to identify and remove production bottlenecks in order to further increase dry fuel production

Cess on public sector coal production set to rise to fund pension corpus

Financial mismanagement of the pension scheme has depleted corpus meant for pensioners of public sector mines

JSPL, NTPC, Vedanta among 59 firms that submitted bids for 36 coal blocks

The government on Tuesday said that 59 companies, including JSPL, NTPC and Vedanta, have submitted bids for 36 coal blocks that were put up for sale under the commercial mines auction. A total of 96 bids were submitted for the coal blocks. "A total of 96 bids were received under two tranches of commercial coal mine auctions," the coal ministry said in a statement. This is the highest ever bids received since the launch of commercial coal mines auction in the year 2020, the ministry said, adding, a "total of six public sector companies had submitted the bids in the ongoing round of commercial coal mines' auction as well". "Under sixth tranche of auctions, a total of 86 bids both online and offline were received against 32 coal mines and three bids were received only offline but not online, and two or more bids have been received for 25 coal mines i.e. 79 bids (both online and offline) against 25 coal mines, and 7 coal mines have received single bids (both online and offline)," the