The court will also decide whether norms should be relaxed. Under the new norms introduced in 2015, power plants commissioned between 2003 and 2016 which account for 65% of India's total 197 ...
Executive summary. Coal provides about half of India's commercial primary energy supply today and is the dominant fuel for power production in India. In 2014, Prime Minister Narendra Modi ...
Mining major Coal India Ltd is committed to meet the elevated demand of the dry fuel from the power sector, including coastal plants dependent on imports, a company official said on Tuesday. The miner had hoped the demand would ease by December last year, but that did not happen, he said. We are committed to catering to the coal needs of the ...
The government has relaxed norms for blending of imported coal by power generation companies and allowed states and independent power producers to import the fuel as per requirements.
The state of 40mn people holds the largest coal reserves in India and the local economy relies on the fossil fuel. Odisha is also geographically unsuitable for solar farms due to its stormy ...
India has eased coal import targets for utilities owned by state governments and private companies, according to an internal notice reviewed by Reuters. India's power ministry has asked state governmentrun utilities and private power producers to assess the amount of coal needed to be imported for blending, according to a notice issued to ...
Hoping that power plants lift more coal from its pits, staterun Coal India (CIL) has relaxed payment norms for its customers. Customers, who had to clear payments to CIL by April 7, can now pay ...
Most of the coal production in India comes from opencast mining, contributing over 83% of the total production. Coal India employs some 460,000 people and is one of the largest five companies in India." Coal India reports that its annual coal production has grown from 79 million tonnes in 1975 to million tonnes in .
As a historically low emitter of carbon emissions compared with the west, ministers claim it is unfair to penalise such actions. Under plans promoted by Modi, India plans to increase its domestic ...
Govt looks to ease norms to attract global coal miners, industry sceptical ... for coal mining blocks before end2019, sources familiar with the matter told Reuters in August, a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global ...
The additional coal secretary stated that "there are constraints in domestic coal availability and the domestic coal production is roughly about 800 MT". ... The recent coal crisis at power plants in several parts of the country has caused the dry fuel producer to relax payment terms and push coal to ensure that there is the least shortage of ...
India's coal consumption has doubled since 2007 at an annual growth rate of 6 per cent and the International Energy Agency (IEA) estimates that the largest increase in the fuel's demand globally this year was from India (7 per cent or an addition of 70 million tonnes). This on top of a 14 per cent rebound in 2021, and 1,033 million tonnes consumption in 2022.
New Delhi: The coal ministry will issue a directive to Coal India ( CIL) asking it to relax its norms under the provisions of fuel supply agreements (FSAs) to facilitate coal imports for power projects. The staterun miner will supply imported coal on a costplus basis along with an administrative charge to be decided by its board of directors.
Kolkata: Following pressure from the unions, Coal India has agreed to relax norms for the voluntary retirement scheme for women launched in March, extending the date for applications by six months and increasing the eligibility age to 55 from 50. Some other conditions of the scheme, which allows the sons of women workers who opt for voluntary retirement to be employed at the company, are also ...
Coal accounts for more than 70% of India's energy production India, the world's third largest emitter of fossil fuels still relies heavily on coal. As nations are urged to phase it out, how...
These norms shall be applicable to all new fuel stations with effect from the date of issue of this circular. 2. Petrol / Diesel retail outlets and service stations with or without Rest Area Amenities etc. are hereinafter referred to as Fuel Stations. 3. These norms are applicable to all Fuel Stations with or without other user facilities of
Coal India Limited: Customers of nonregulated sector are large in numbers and blockage of working capital in coal movement through railways was, of late, found to have a bearing on their financial health, the miner said. X. We use cookies to ensure best experience for you.
India has relaxed environmental compliance rules for coal mines seeking to ramp up production as power outages exacerbate a sweltering heatwave, a government notice showed. Coal makes up more than ...
Billionaire Gautam Adani's conglomerate is benefiting from India's rush to import coal to ease a supply crunch, winning a huge majority of import orders from state power giant NTPC Ltd. New Delhibased NTPC has placed orders for 20 million tons of imported coal for the fiscal year ending March, of which almost million tons have been awarded to Adani Enterprises Ltd., according to ...
The recent coal crisis at power plants in several parts of the country has caused the dry fuel producer to relax payment terms and push coal to ensure that there is the least shortage of power to keep the economy on track. Unrestricted supply of the dry fuel amid crisis in power plants has resulted in a further jump in dues that has already reached around Rs 24,00025,000 crore.
India's coal production grows pc to 73 MT in April; despatch rise pc to MT: Coal Ministry. India's coal production rose by % to million tonnes in April 2023, according to the ministry of coal. In April 2022, the country's overall coal production was at MT, as per the ministry data.
In November, the coal ministry had launched the process for auction of 133 coal mines under sixth round of commercial auctions, of which 71 were new coal mines and 62 were rolled over from earlier ...
Coal India Ltd has relaxed the norms for "minespecific coal supply" policy, which would ease availability of the dry fuel to consumers having less than one million tonnes of requirement per annum. The move would benefit a large number of the mining major's linked small consumers, the company said.
Follow Us. Shares of Coal India (CIL), the staterun coal mining and refinery company, declined up to 6 per cent in the intraday deals on the BSE on Monday, after the Union government opened up the mining sector in a big push for privatisation. At 12:06 pm, the stock was trading around per cent lower at Rs apiece on the BSE.
Reuters. As the world's thirdlargest consumer of energy, India is feeling the heat from surging coal prices. To meet the country's growing demand for power and reduce its exposure to the economic impact of volatile prices, New Delhi is working to boost domestic production of coal, despite India's reputation as one of the world's most ...
India spent over Rs lakh crore on coal imports in the past year, causing a significant outflow of foreign exchange. While the share of coal imports in total consumption has decreased from 26% to 21% in the last five years, the country still imports over 200 million tonnes of coal annually. 19 Oct, 2023, 08:23 PM IST.
Yet there are perpetual shortages. Last October, India teetered on the brink of a power crisis when stocks at more than half of the country's 135 coalfired plants ran critically low, or below 25% ...
Pic: Reuters. Amid early onset of summer and a pickup in industrial demand for electricity, stateowned CIL on Tuesday said it is geared up to meet the demand of dry fuel from the power sector. The public sector coal producer also expressed hope to supply 156 million tonnes of coal to the power sector during AprilJune quarter of FY24.
India's power generators and coal mines are being stretched to the limit to meet surging demand for power stemming from a fastgrowing economy and rapid electrification. Total electricity consumption increased by billion kilowatthours (kWh) (+12%) in January 2023 compared with January 2022, according to GridIndia's National Load Despatch Centre.
India Business News: KOLKATA: Coal India (CIL), the Maharatna coal company, has relaxed norms of 'minespecific coal supply' policy, which would ease availability of coal .
The plans would lead to 460% more coal production, 83% more gas, and 29% more oil in 2030 than it was possible to burn if global temperature rise was to be kept to the internationally agreed
A stack of coal at a wholesale market in Mumbai on May 5. Production of coal, the fossil fuel that accounts for more than 70 percent of India's electricity generation, has not kept pace with ...
News Business India looks to relax norms to attract global coal miners, ... a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp. ...
Tight supply of coal to power plants and expected rise in import of the dry fuel amid high international prices will put upward pressure on electricity tariff, according to an Icra report. "Given the continued tight domestic coal supply position over the last sixmonth period, coal import dependency for the power sector is expected to increase moderately in the nearterm.
By PTI. NEW DELHI: The Ministry of Power on Friday said it has modified norms for pass through of higher cost of imported coal used by domestic thermal plants having power supply agreements with ...
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