Page 8 - Coal Ministry

4 coal conversion projects to help achieve gasification by 2030: Joshi

Coal Minister Pralhad Joshi on Tuesday said that four projects for conversion of coal to clean energy with private sector capital investment of Rs 30,130 crore will help in achieving the target of 100 million tonnes (MT) coal gasification by 2030. Finance Minister Nirmala Sitharaman in her budget speech 2022-23 announced setting up of four pilot projects for coal gasification. Gasification of coal is a process in which coal is partially oxidated by air, oxygen, steam or carbon dioxide under controlled conditions to produce a fuel gas. "Thank you PM @narendramodi ji, FM @nsitharaman ji for envisioning a green economy & encouraging generation of clean energy in the #AatmaNirbharBharatKaBudget. 4 projects for conversion of coal to clean energy have been announced at pvt sector capital investment of Rs 30,130 crore," Joshi said in a tweet. "These projects will help us achieve the target of 100 MT coal gasification projects by 2030. Not only will this initiative adopt clean coal ...

Coal Ministry CPSEs clock 28.33% growth in capex at Rs 12,605.75 cr

The Ministry of Coal, through its Central Public Sector Enterprises (CPSEs), had registered a capex achievement of Rs 9,822.28 crore for the period up to December, 2020

Coal ministry readies host of reforms for the next five years

The ministry plans to float a note for the Union Cabinet's approval by February and kick-start the new auction process by the middle of next year

Coal ministry to augment fuel supply to power sector from captive mines

The coal ministry on Friday said it has taken various measures, including diverting the output from captive coal mines, to augment fuel supply to the power sector. The development assumes significance in the wake of country's power plants grappling with coal shortages. "The ministry of coal has taken all efforts to augment coal supplies to the power sector and decided to divert and augment the supplies to power sector from captive coal blocks," the coal ministry said in statement. Captive mines are those that produce coal or mineral for exclusive use by the company that owns the blocks. The ministry offered coal supply from NLC India's Talabira II & III mines in Odisha to NTPC. In this connection, both the companies worked together to commence the supply of coal from Talabira II & III open cast project (OCP) to NTPC (Darlipali & Lara Power Plants). With timely support and necessary coal delivery permits from the department of mines, Goverment of Odisha, the coal ...

Coal ministry conducts pre-bid conference for auction of 11 mines

The coal ministry launched the second attempt of the auction of 11 coal mines earmarked for the sale of coal last month.

India says it has ample coal stocks for power sector

State-run Coal India Ltd is using its 40 million tonne stocks to replenish utilities, which together have 7.2 million tonnes of inventory, equivalent to four days' requirements, the ministry statement

Centre to revise coal stock norms to avert future crisis

The power sector's current daily demand is 1.7 mt, of which 1.3 mt is met by CIL

Coal ministry says in process of finalising mine closure framework

The ministry is in consultation with the World Bank for obtaining support and assistance in this programme

Coal supply debate heats up ahead of festival season power demand

Since September 1, the number of power plants with less than eight days of coal has increased to 104, from 79

Coal ministry wraps up agenda document for sectoral reforms, sustainability

The coal ministry on Monday said it has finalised an agenda document for the ongoing fiscal which broadly focuses on areas like reforms, transition and sustainability in the coal sector.

Ministry mulls scheme to allow coal block owners to surrender mines

The Coal Ministry is planning to come up with a scheme to permit coal block allottees to surrender mines that they are not in a position to develop due to technical reasons

Coal ministry sets up panel to review timelines for project execution

The Coal Ministry on Friday said it has constituted a panel to review and benchmark the timelines in project execution, including tendering process by examining tenders having a value of more than Rs 300 crore of CIL, its subsidiaries and other PSUs. The committee has been set up with a view to suggest a robust and efficient set of timelines and whether statutory clearances may be obtained prior to issuing tender, the coal ministry said in a statement. "The Ministry of Coal has set up a committee today under the chairmanship of Joint Secretary & Financial Advisor comprising of representatives from NTPC, IOCL, PGCIL and Director (T), ECL as member secretary for review and benchmarking the timelines in project execution including tendering process by examining tenders having value of more than Rs 300 crore of CIL (Coal India), its subsidiaries and other PSUs," the statement said. Coal India accounts for over 80 per cent of domestic coal output. The company is eyeing one billion ...

Shivani becomes 1st woman excavation engineer, shatters glass ceiling

Gone are the days when only men covered in soot would clamber out of the inhospitable and exacting confines of a coal mine

Captive coal mine companies get seven days to increase production

The government has given seven days to captive coal mines companies to increase the production to over 85 per cent of their targets, an official release said on Monday.

Coal India chairman lays foundation stone of Rs 285-cr connectivity project

Coal India Chairman Pramod Agrawal has laid the foundation stone of a Rs 285.05-crore first-mile connectivity project, according to a statement by the coal ministry released on Thursday

New players take lead in commercial coal auction

Prakash Industries quoted a premium of 55.7% for Bhaskarpara mine in Chhattisgarh, the highest bid of the day

Coal India committed to achieving carbon offset of 60k tonnes by year-end

State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday.

Few takers for India's coal mines with production apparently having peaked

Coal consumption to become even more import driven as domestic production plateaus

Top headlines: OMCs pay high excise; CoalMin aims for asset monetisation

Lavasa Corporation bankruptcy proceedings terminated by lenders to Corporate profits to GDP ratio at 10 years high. Top news this morning.

CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model