Coal India

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
  • 31/12/2028

NTPL signs pact with banks for 1,000-MW project

First unit of 500 MW likely to go on stream in December 2013 A consortium of banks has agreed to lend Rs. 937 crore for the 1,000-MW NTPL power project, a joint venture of the Neyveli Lignite Corporation and the Tamil Nadu Power Generation and Distribution Corporation. The project is …

CIL finds no merit in Steel Min’s proposal to auction BCCL mines

The steel ministry has called for the auctioning of all unused coking coal mines in the country to steel makers in view of the paucity of the fuel, triggering sharp reactions from Coal India Ltd. In its revised draft National Steel Policy 2012, the steel ministry has proposed that Bharat …

Coal price pooling likely only for power plants after March 2009

Faced with stiff opposition from power utilities over the Centre’s move to introduce coal price pooling which could increase price of the fuel by R100 a tonne (5%) or more, the coal ministry may restrict the mechanism only to power projects getting commissioned after March 2009. This means the pooling …

CoalMin agrees to re-draft Bill for setting up coal sector regulator

The coal ministry, accepting the demands of the power ministry, has agreed to re-draft the Bill for a regulator for the coal sector by seeking to empower the watchdog to fix prices of coal and including a member from the power sector as a member in the regulatory mechanism. The …

CoalMin agrees to re-draft Bill for setting up coal sector regulator

The coal ministry, accepting the demands of the power ministry, has agreed to re-draft the Bill for a regulator for the coal sector by seeking to empower the watchdog to fix prices of coal and including a member from the power sector as a member in the regulatory mechanism. The …

CIL plans to foray into solar power

Kolkata/Ranchi: Coal India (CIL) is foraying into the solar power sector with a view to make use of its whopping cash reserve of above R60,000 crore in a meaningful way. CIL chairman and managing director S Narsing Rao told FE there are business opportunities in the solar power sector and …

CCI to take up 20 coal projects for green nod

The Cabinet Committee on Investment ( CCI), in its second meeting, will take up for green nod Coal India Ltd’s (CIL) 20 projects with combined production capacity of 37 million tonne a year, which can fire more than 7,000 MW power generation capacity. Besides, the CCI is also expected to …

'Govt to decide on FSA disputes of pvt power cos too'

The central government will have the final say in disputes arising out of the Fuel Supply Agreement (FSA) by both public and private sector power companies, according to sources. Coal India has modified the clauses concerning supply disputes which put the private sector at par with PSUs, a source with …

India Inc Sees Red Over Delays in Green Nods

Infra ministers, govt bodies join the chorus as murmurs about corruption resurface When Jairam Ramesh was replaced as environment minister some 18 months ago, loud sighs of relief from industry greeted the news. Ramesh, in the short period at the helm of the ministry, had acquired a reputation for inflexibility, …

Power plants without long-term linkages won't get benefits

Units with a combined capacity of 16, 000 Mw to be affected Coal-based power plants with 16,000 Megawatt (Mw) capacity, entailing an investment of more than Rs 80,000 crore, are unlikely to get the benefit of coal price pooling. The coal ministry has said these projects would be kept out …

Gencos must first declare coal quality to get green clearance

New Delhi: In a bid to fast-track the process of environmental and forest clearances (EC and FC) for thermal power projects, power companies will have to furnish details about the quality of coal, such as its calorific value, sulphur content and ash content, in the initial environment management plan (EMP). …

Coal exploration: Forest min throws spanner in works

Kolkata: The ministry of environment and forests (MoEF) once again seems to be putting the brakes on exploration activity for identifying new, mineable coal reserves, which are crucial to the country’s rising coal demand. AK Debnath, chairman and managing director, Central Mine & Planning Design Institute (CMPDI), told FE that …

Coal India pact with 11 companies under vigilance lens

NEW DELHI: Coal India Ltd (CIL) has gone out of its way to sign fuel supply pacts with 11 companies, including alleged Coalgate beneficiaries, even before these firms reached the qualifying milestones such as acquiring land, the state-run monopoly's internal anti-corruption watchdog has said. In a report to the coal …

Centre rejects Modi's demands for coal blocks

Guj CM had written a series of letters to PM since June 2010 seeking additional coal blocks for Guj Mineral Dev Corp The Centre has turned down Gujarat government requests for coal blocks. Gujarat Chief Minister Narendra Modi had written a series of letters to Prime Minister Manmohan Singh since …

CoalMin knocks Cabinet’s door over green clearances

With delays plaguing 39 coal mining projects, the coal ministry has decided to approach the Cabinet Committee on Investment (CCI) for clearing the hurdles. The newly-formed CCI is expected to take up these projects in its next meeting likely within a fortnight. In a note to the CCI on December …

CoalMin knocks Cabinet’s door over green clearances

With delays plaguing 39 coal mining projects, the coal ministry has decided to approach the Cabinet Committee on Investment (CCI) for clearing the hurdles. The newly-formed CCI is expected to take up these projects in its next meeting likely within a fortnight. In a note to the CCI on December …

CCI may approve automatic extension of green clearance

The newly-formed Cabinet Committee on Investment (CCI) is likely to approve automatic extension of environment clearances when it meets on Thursday, sources said. The move will not only do away with the tedious process of environment and forest clearance, but also free up over 65 million tonne (MT) additional coal …

Oz energy major offers NTPC mining joint venture

Australian energy major MetroCoal Ltd has approached NTPC for forming a joint venture for developing that country’s biggest coal mine and ship the fuel for firing the state-run generation utility’s power stations. The offer has been conveyed to NTPC through PENTAQ Corporation, an Australian firm engaged in recycling energy and …

SC remarks on coal allocation could end privilege of PSUs

The Supreme Court’s questioning last week of the Centre’s authority to allocate coal blocks during the hearing of a public interest litigation regarding the ‘coalgate’ will have major implications for India’s coal industry. If the Centre chooses to take the court’s view for granted, then central and state-level public sector …

Delhi gives up 2,083mw amid blackouts

NEW DELHI: Delhi surrendered its allotment of 2,083 mw, or more than half its current daily demand, from November 1 even as the city suffered widespread blackouts between second week of that month and continued till the first week this month. While CM Sheila Dixit talked tough and ordered discoms …

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