State-owned CIL announced on Friday that it is stepping up output in an endeavor to enhance coal supplies to the unregulated sector (NRS) without compromising supplies to the power industry. The announcement follows the Maharatna firm’s announcement a few days prior that it is preparing to satisfy the demand for coal from the power industry…
According to Jyotiraditya Scindia, Union Minister of Steel, at least eight coking coal blocks would be put up for auction as India seeks to strengthen its own resources and lessen reliance on imported coal. India is still looking at “alternatives” and has conversations with nations like Russia, Mozambique, and Australia. Coking coal is a crucial…
The government-run Coal India anticipates selling about 50 million tonnes through its online marketplace this fiscal year. During the first half, the coal miner had sold about 30 million tonnes via the e-auction site. “We have already completed 30 metres in two quarters. Another 50 mt ought to be there in the third and fourth…
On the strength of an increase in spending for the expansion of coal evacuation infrastructure, Coal India Ltd (CIL) reported a 33 percent increase in Capex at 7,027 crores for the first half of the current financial year compared to 5,300 crores in the same period last year. The two infrastructure components for coal evacuation,…
Coal Minister Pralhad Joshi announced on Wednesday that preparations are in the works to boost coal reserves at thermal power plants from 24 million tonnes (mt) to 40 mt by March 2023. As of Tuesday, coal reserves at coal-fired power plants stood at 24.6 mt, according to the National Power Portal. “Our coal inventories are…
National Miner Coal India Limited (CIL) has seen a 52.5% increase in its e-auction coal sales in the first two months of the current financial year. In a public statement, CIL said it had set aside 21.5 million tonnes under five auction windows. As demand for coal increased, CIL recorded an increase of 16% over…
