Coal Psus

Coal PSUs must plan pithead-based thermal projects, says Coal Secy Meena

The Coal Ministry has asked Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said. The plan is that all new thermal projects of Coal India Ltd (CIL) and NLC India Ltd should come up near the coal mines, Coal Secretary Amrit Lal Meena told PTI. This will reduce the dependence on transportation, which is mostly through rail and road, and make the coal accessible for usage in power generation, he said, while replying to a question on new projects of coal PSUs, the official said. The move will also reduce logistics cost and cost of power generation, he said, listing the benefits of a pithead-based unit. Coal India has signed an agreement with Rajasthan Urja Vikas Nigam Ltd (RUVNL) for a joint venture to set up 4,100 megawatt of power generation capacity in Rajasthan, Meena said. Of this 1,725 MW will be pithead-based capacity, 200 MW pumped storage, 50 win

Coal sector PSUs brought 18,849 hectares under green cover in decade: Govt

The public sector units operating in the coal sector have brought 18,849 hectares under green cover in the last 10 years by planting 42.3 million saplings, the government on Monday said. The move shows the commitment of the coal sector to environment-friendly sustainable mining practices, the coal ministry said in a statement. The coal public sector units have identified about 3,075 hectares of afforested non-forest de-coaled land suitable for Accredited Compensatory Afforestation (ACA). The proposals have been submitted to the respective state forest departments by coal PSUs for appropriate notification of the afforested non-forest de-coaled land as an ACA land bank to expedite forest clearance for future coal mines requiring forest land diversion, the coal ministry said in a statement. Bishrampur Opencast Project by Coal India arm South Eastern Coalfields Ltd in Surajpur District of Chhattisgarh is an example of adherence to Accredited Compensatory Afforestation (ACA) guidelines,

Coal production in the country increases by 10.75% in 2023: Govt

In a public statement, the Ministry of Coal said the production of Coal India Limited (CIL) has risen to 71.86 million tonnes (mt) in December 2023, as compared to 66.37 mt in December 2022

CIL's coal output rises 11.5% to 460 mn tonnes during April-November

State-owned CIL on Friday said its coal production grew by 11.5 per cent to reach 460 million tonnes (MT) during the April-November period of the ongoing fiscal. CIL accounts for over 80 per cent of domestic coal output. The company had produced 412.5 MT of coal in the year-ago period, Coal India Ltd (CIL) said in a statement. "With 11.5 per cent year-on-year growth CIL stayed ahead of the annual asking rate of 10.2 per cent. The production saw an upsurge of 47.4 MT in quantum terms compared to 412.5 MT of same period last year," the PSU said. All the seven arms of CIL have registered growth with two of them -- BCCL and NCL -- achieving their respective progressive targets. During the last month CIL's production increased by 8.7 per cent to 66 MT from 60.7 MT in the corresponding month of previous fiscal. Supply of coal by CIL to the power sector registered a rise of 4.7 per cent to 398.7 MT in the April-November period compared to 380.8 MT in the year-ago period. "CIL feels con

NLC targetting 17 GW capacity by 2030, to invest Rs 82,700 cr: CMD

NLC India plans to invest Rs 82,700 crore by 2030 to scale up its power generation capacity capacity to 17 GW, the company's CMD Prasanna Kumar Motupalli said. Out of the 17 GW, 6 GW will be renewable-based capacity and the balance 11 GW from conventional sources, he told PTI in an interaction. "NLC is having a target of 17 GW by 2030. Based on that we have envisaged a capex of Rs 82,700 crore," Motupalli said in reply to a question on the ongoing and future investment plans of the company. At present, NLC has an installed power generation capacity of 6 GW which comprises 1.4 GW from green sources, the CMD said. The company has set a capex target of Rs 2,480 crore for the ongoing 2023-24 fiscal, he said adding NLC will achieve 80 per cent capex utilisation by December as the target set by the Ministry of Coal. Sharing the details of the ongoing projects he said a 3x660 MW thermal power plant is being set up at Ghatampur in Uttar Pradesh. The Rs 19,406 crore project is being set u

Coal India unions seek 50% rise in workers' salaries in early talks

A 50% wage boost would be a dramatic increase for company, which revises salaries of non-executive staff every five years.

From Coal PSU appeal to trademark dispute, here're the top court orders

A weekly selection of key court orders

Coal India's October output likely to be 20% lower than last year

Coal India aspires to produce 660 million tonne of the dry fuel in FY20.

Parliamentary Panel asks coal PSUs to recover dues worth Rs 13,745 cr

Parliamentary Standing Committee on Coal and Steel has commended the work done on rationalisation of coal linkages, which helped in savings worth Rs 1,371 cr