The cumulative outstanding dues of the power sector to Coal India (CIL) and Singareni Collieries Company (SCCL), which account for over 90 per cent of India’s coal production, rose 42 per cent y-o-y to ₹24,392 crore at the end of FY24. The outstanding dues payable by thermal power plants (TPPs) to the mining behemoth CIL … Read more
Built along a stretch of salt flats in southern India, the Tuticorin power plant epitomises a quagmire for the world’s fastest-growing major economy: how to provide reliable energy to 1.4 billion people. Also read:India’s thermal coal imports climb to a two-year high in January-March 2024 For starters, the 1,050-megawatt coal plant, one of the region’s … Read more
The government has set the target of producing 170 million tonnes of coal from captive and commercial coal blocks in the country during the current financial year. Also read:NTPC aims for 40 MMT coal production in FY25 In FY24, captive and commercial coal blocks produced 147.12 million tonnes (MT) of dry fuel, 26 per cent … Read more
India’s coal import rose by 13 per cent to 21.64 million tonnes (MT) in February as some buyers took fresh positions to replenish stocks ahead of summer, according to online marketplace mjunction. The country’s coal import was 19.15 MT in the corresponding month of FY23. “Coal imports in February 2024 were up by 13 per … Read more
India, the world’s second largest coal consumer, on Friday surpassed the milestone of producing one billion tonnes of coal and lignite. Also read:Govt open to offer closed and abandoned coal mines to private sector under revenue sharing mode, says Coal Secretary The world’s second largest producer, after China, also surpassed FY23’s coal and lignite production … Read more
India’s thermal coal imports during the first 11 months of the current financial year, ending in March, have surpassed the shipments of FY23. Thermal power plants (TPPs) have increased their reliance on this dry fuel to meet the growing power consumption, anticipating peak demand to reach 255 gigawatts (GW) during April-June 2024. According to data … Read more
Coal production by the private sector is expected to surpass 140 million tonnes (MT) in FY24, ending March 2024, as the Coal Ministry pushes for enhancing output from captive and commercial mines. Also read: Coal India not to miss production target for 2023-24, say officials The Ministry’s strategy is to auction more blocks under commercial … Read more