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PFC, RITES ink pact on coal import

POWER sector financing company Power Finance Corporation (PFC) and Railways technical advisory wing RITES, on Thursday, signed an MoU to jointly import coal from countries, including Africa, to ease scarcity of the fuel in view of rising demand by electricity generators. An SPV may be formed later in partnership with …

Coal power projects to begin in June

The Power and Energy Ministry has taken steps to begin the construction of the second and third coal fired power plants in Sampur and Velvuur in Trincomalee in June, a ministry official said. The proposed power plant in Sampur would add 500 MW to the national grid in 2012, the …

All Energy Roads Lead to the Sun

"It's the sun, stupid,' is probably how James Carville would summarize the message of Daniel G. Nocera, a chemist and professor of energy at the Massachusetts Institute of Technology, when he addressed a meeting on environmental issues that began in Aspen Wednesday night. The event is the first Aspen Environmental …

R-Power to spend Rs 3,000 cr for mines to fuel Sasan project

Awaits government nod for plan to develop mines in a strategic partnership with North American Coal Corporation. Reliance Power Limited, the flagship company of the Reliance Anil Dhirubhai Ambani Group(ADAG), plans to invest about Rs 2,500-3,000 crore over a period of three years, to develop three coal mines to fuel …

MBA starts campaign against coal dust

The Mormugao Bachao Abhiyan (MBA) has commenced a signature campaign to protest against coal dust pollution in port town due to coal and coke handling at Mormugao Port at berth no 10, 11, 5A and 6A. It may be recalled that recently the Port Town witnessed massive protests against coal …

An Export in Solid Supply

Coal miners are still working in the German town of Bottrop, but the government has decided to end mining in the country by 2018 because German coal is the most expensive in the world. That flow is part of a vast reorganization of the global coal trade that is making …

Carbon question

Oil at $100-plus a barrel incentivises search for all kinds of substitutes and/or alternative oil extraction technologies. Hopefully, the government's clearance of the Tata-Sasol coal to liquid (CTL) project

IMG approves Tatas coal-to-oil project with South African giant

An inter-ministerial group (IMG) has cleared the $8-billion (Rs 32,000 crore) CTL project of the Tata group and its partner Sasol of South Africa, the world's largest producer of oil from coal. This will pave the way for similar projects awaiting government clearance, including one by Reliance Industries Ltd. Significantly, …

Nod for $8bn Tata-Sasol project

India's first coal-to-liquid (CTL) project rolls off. An inter-ministerial group (IMG) has cleared the $8-billion (Rs 32,000 crore) CTL project of the Tata group and its partner Sasol of South Africa, the world's largest producer of oil from coal. This will pave the way for similar projects awaiting government clearance, …

Coal-fired power plants take hits

Coal-fired power plants are taking hits from all sides. The unkindest cut to future coal-fired power generation came recently when Samuel Bodman, Secretary, the US Department of Energy (DOE), declared that the Bush administration had decided to withdraw funding to FutureGen, the US government's effort to develop a "clean coal' …

Green energy surges

Investments in solar power, wind energy, bio-fuels, and fuel cells surged 40% last year to $US77.3 billion ($A83.6 million) and will more than triple in the next decade, according to industry group Clean Edge. Revenue from alternatives to oil, coal and other fossil fuels will reach $US254.5 billion by 2017, …

RIL, CIL in talks for coal-liquefaction project

Reliance Industries Ltd (RIL) has begun talks with Coal India Ltd (CIL) to explore the possibility of striking a joint venture for a coal-liquefaction project. CIL sources confirmed that talks had already been held at the top level between the two companies. While RIL is stated to be interested in …

ArcelorMittal working with Govt in energy sector

Is global steel giant ArcelorMittal diversifying into the energy sector, especially oil and gas? Asked this question, Mr Aditya Mittal, the Chief Financial Officer of the company said: "India is an energy-deficient country and we are already working with the Government.' The London-based, ArcelorMittal has 27 manufacturing plants across the …

Rise in Chinese coking coal price in March may hit India

Chinese domestic coking coal prices are expected to rise $14 per tonne next month, which could trigger problems for the Indian steel industry whose demand for coke is expected to touch 85.34 million metric tons by 2011-12. "Chinese domestic coking coal prices are expected to rise by 100 yuan ($14) …

Govt to form another committee to review coal policy, says Tamim

The special assistant to the chief adviser, M Tamim, on Wednesday said that they would form another committee to review the current draft of the coal policy although a citizens' commission has declared that the government should not make changes, except to amend one clause.

Coal prices may set new record on Asian demand

Banpu Pcl, Thailand's biggest coal miner, expects prices of the raw material to set new records as demand growth in Asia, led by China and India, outpaces supply. India will raise purchases at a faster pace in the next two years, compared with 2007 and 2008, as the nation completes …

Govt urged not to allow open pit coal mining

The National Committee to Protect Oil, Gas, Mineral Resources, Electricity and Port yesterday called on the government not to allow open pit coal mining in Phulbari, saying that it would lead to environmental disasters in the area. Such a project would lead to the eviction of 4.7 lakh people from …

Godawari plans foray into thermal power biz

Firm to set up coal-based plant in Jharkhand or Chhattisgarh. Godawari Power and Ispat (GPIL), an integrated steel manufacturer based in Chhattisgarh, is mulling foray into commercial power generation with projects in Chhattisgarh or Jharkhand with capacities ranging between 300 to 1,000 mw with coal and coal rejects as fuel. …

Miners allowed to restart coal extraction

Authorities allowed extraction of coal in Darra Adamkhel which was stopped after army operation against militants in the region, mine owners said. A delegation of Coal Mines Owners Association led by its chairman Haji Abdullah called on military authorities here on Tuesday and asked them to allow workers to start …

A low-carbon, technology-driven strategy for Indias energy security

Energy security has to go hand in hand with economic development and environmental protection. India has to customize its own energy portfolio, consistent with its endowment of energy resources, and employing technologies which are economically viable, socially equitable, ecologically sustainable and have minimal carbon emissions.

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