Page 5 - Coal Ministry

Government receives 99 bids for 36 coal mines under commercial auction

A total of 99 bids for 36 coal mines were received by the Coal Ministry for the sixth round and second attempt of fifth round of commercial coal block auctions, which it had launched on Nov 3, 2022

Coal Ministry offers relaxation in revision of Performance Bank Guarantee

Coal Ministry Offered relaxation in Revision of Performance Bank Guarantee and extended Bid due date for Commercial Coal Block auction upto January 30

Targeting to double coal inventory with power plants by March: Coal secy

Coal Secretary Amrit Lal Meena said all the coal companies of national miner Coal India (CIL) had more coal than their targeted production for the upcoming summer season

Coal India subsidiary NCL to start M-Sand production, says ministry

State-owned Coal India's subsidiary NCL will soon start production of M-Sand, a material used for construction works. Northern Coalfields Ltd (NCL) will start production of M-Sand or Manufactured Sand for its Amlohri project in Madhya Pradesh, according to a coal ministry statement on Tuesday. M-Sand is artificial sand produced from crushing hard stones into small sand-sized angular shaped particles, washed and finely graded to be used as construction aggregate. It is an alternative to river sand for construction works. NCL is all set to start production of M-Sand and the move is aimed at maximising the utilisation of natural resources and minimising the adverse impact of mining. Eyeing business diversification while focusing on the ecological balance, the company has set up a sand manufacturing plant using its over burden as a raw material. This pro-environment move of the company will help in conserving river bed erosion and preserve aquatic ecosystems, as per the ...

Coal production rises 16% at 608 mn tonnes during Apr-Dec period of FY23

Coal Ministry sources said that production has increased due to greater usage of mining capacities of captive coal blocks

Coal ministry to take up additional 19 first mile connectivity projects

The Centre on Monday said an additional 19 first mile connectivity projects of state-owned CIL and SCCL will be implemented by 2026-27. First mile connectivity refers to the transportation of coal from pitheads to dispatch points. "The Ministry of Coal will be taking up additional 19 First Mile Connectivity (FMC) projects for Coal India Ltd (CIL) and Singareni Collieries Company Ltd (SCCL) with a capacity of 330 million tonnes (MT) and these projects will be implemented by FY26-27," the ministry said in a statement. The ministry has already undertaken 55 first mile connectivity projects worth Rs 18,000 crore. Out these 55 projects, eight having a capacity of 95.5 million tonnes per annum (MTPA) have been commissioned and the remaining will be commissioned by FY25. 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

Coal ministry identifies 4 coking coal blocks for auction to pvt sector

The Coal Ministry has identified four coking coal mines to be offered in subsequent rounds of auction for the private sector to further increase domestic raw coking coal supply, an official release said on Wednesday. The Central Mine Planning and Design Institute (CMPDI) also will finalise Geological Report (GR) for four to six new coking coal blocks in the coming months, he ministry said in a release. "In order to further step up coking coal production, the Ministry of Coal has identified four coking coal blocks and the Central Mine Planning and Design Institute (CMPDI) also will finalize Geological Report (GR) for 4 to 6 new coking coal blocks in the coming months," it stated. These blocks may be offered in subsequent rounds of auction for private sector to further increase domestic raw coking coal supply. Coking coal is a key input in steel making and the country remains dependent on imports to meet 85 per cent of its coking coal needs. With these measures, domestic raw coking

CIL's coal quality soars 18%, tech in place to improve the quality further

There has been improvement in conformity to declared grade of coal supply from Coal India Ltd sources, with figure jumping to 69% in 2022-23 as against 51% in 2017-18, the Coal Ministry said

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

No scope for special treatment to any state in coal block allocation: Govt

The coal ministry on Friday said there is no special rule or scope of giving special treatment to any one state in allocation of coal blocks. The statement comes in the wake of media reports about Telangana industries and commerce minister K T Ramarao's allegation that a large number of lignite mines were allocated to Gujarat Mineral Development Corporation (GMDC) following the nomination method. "It has come to the notice of the ministry of coal about allegations of giving preferential treatment to one state government in allocation of coal blocks, which is false and not based on facts," the coal ministry said. "...the question of preferring one state as claimed is baseless and misleading," the statement said. The ministry further explained that two lignite blocks were allotted to GMDC in 2015 and similarly, three coal blocks were allotted to SCCL, a unit owned by the government of Telangana. Out of three coal mines allocated to SCCL, Pengaddppa and New Patrapara blocks have bee

Coal pensioners protest in capital, demand review of pension scheme

Agitators seek dearness relief as scheme component to ensure equitable pension; want adherence to provisions of CMPS 1998 on review and revision of pension every three years

Asset monetisation of Rs 33,422 cr in FY23 so far, Coal Min leads

The government has monetised assets worth Rs 33,422 crore under the National Monetisation Pipeline (NMP) in 2022-23 so far, with the Coal Ministry leading the list by raising Rs 17,000 crore, and the Ports and Shipping Ministry surpassing its overall fiscal target, according to sources. In 2021-22, the government surpassed the programme's first-year target of Rs 88,000 crore by completing transactions worth Rs 1 lakh crore. Finance Minister Nirmala Sitharaman in a meeting with Niti Aayog CEO Parameswaran Iyer on November 14 reviewed the progress of NMP implementation. Sources told PTI that according to the government's latest estimate, there is likely to be a shortfall of Rs 38,243 crore in realising the overall asset monetisation target of Rs 1,62,422 crore in 2022-23. "Likely realisation from asset monetisation under NMP in the current fiscal has been now estimated at Rs 1,24,179 crore," they said. According to sources, while the Ministry of Coal, the Ministry of Mines, and t

Coal India banks on South Eastern Coalfields for output in Chhattisgarh

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

India says will need coal until 2040 and beyond, says Pralhad Joshi

Addressing a parliamentary committee, minister in charge of coal Pralhad Joshi said the fuel was an affordable source of energy and demand for it had yet to peak in India

New coal plants may be asked to have mandatory renewable power generation

Power Ministry proposes changes to policy to meet country's climate goal of 50% green electricity by 2030

Coal pensioners to agitate for dearness relief in pay, pension body revamp

Retired Employees Association says nearly 270,000 pensioners are getting less than Rs 2,000 a month as pension

CoalMin launches largest-ever commercial coal auction of 141 mines

The coal ministry has auctioned close to 64 coal mines to date under commercial auction

Ministries of coal, power to finalise freight cost cut plan: NITI Aayog

Senior coal ministry officials told Business Standard they were aware of the report that NITI Aayog was preparing

Coal import to be stopped by 2024, says Pralhad Joshi

Coal minister Pralhad Joshi on Thursday said that the import of dry fuel which has declined considerably will be stopped by 2024. Speaking at an event at the office of the Comptroller & Auditor General of India here to release a 'Compendium of Asset Accounts on Mineral and Energy Resources', the minister said commercial coal mine auction which was institutionalised by the present government has made the auctioning process totally transparent. Joshi also complemented CAG's office for bringing out the first ever compendium of asset account on mineral assets of the country. The minister said that the report presents comprehensive picture of the mineral resources spread across different states in the country. He said that the compendium will help in further strengthening sustainable mining process which is of great importance for ecology and future generation. Collating the information of the state asset accounts, the government accounting standards advisory board has prepared the ...

Centre to soon waive compensation cess on coal gasification: Report

After the removal of cess, the cost of producing methanol is expected to come down by Rs 800-900 per million tonnes