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

Cabinet Note Likely on CIL Plan to Explore CBM

The coal ministry is likely to move a cabinet note seeking permission for Coal India to extract coal bed methane (CBM) in its leasehold areas, the chairman of the state-run miner has said. The development follows a request by Kolkata-based Coal India that instead of auctioning new CBM blocks in …

CIL looks into shale gas, coal-bed methane options

CIL looks into shale gas, coal-bed methane options The world’s largest coal producer Coal India Ltd (CIL) may diversify into coal-bed methane (CBM) and shale gas. Amid the turf war between the petroleum ministry and coal ministry over the authority over natural resources like CBM and shale, the Kolkata-based coal …

Coal India may get go-ahead to extract CBM from mines

Coal India (CIL) may be allowed to extract coal-bed methane (CBM) from its vast leasehold mining areas soon, opening new business avenues and boosting revenues for the state-owned coal monopoly. Current rules prohibit coal miners from extracting methane released during the mining process, wasting a valuable natural resource. “We have …

BCCL mining project moves out after land protest

A land agitation has forced Bharat Coking Coal Ltd to scrap a mining project near Asansol and explore options in neighbouring Jharkhand. “We had no option but to cancel the project following protests from the villagers. They want jobs in BCCL immediately. We told them that getting documents verified and …

NTPC goes back on demands, to sign fuel supply pacts with CIL

State-run NTPC has decided to sign fuel supply agreements (FSAs) with Coal India in a month, without any major change in the norms of draft FSAs. Both firms decided to bury differences at a meeting in Kolkata on Monday between the chiefs of the public sector undertakings, S Narsing Rao …

CIL Arm Finds Coal in Mozambique

Awholly-owned subsidiary of state-run Coal India has hit coal seams during exploration in Mozambique, a senior company executive said. Coal India Africana Limitada, which had drilled four boreholes in the southeast African nation, has hit coal in all four of them, making it the subsidiary’s first success overseas, the executive …

Cabinet nod for NTPC project likely

The Union cabinet is likely to allow work on the 1,980MW NTPC power plant at North Karanpura to proceed after years of uncertainty over its fate. Work on the project in Hazaribagh district, first envisaged in 1998, began in 2003 but stalled in mid-2009 as the 1,500 acres it was …

CIL production crosses target on govt pressure

New Delhi After two stagnant years, April-September coal output posted a robust growth of 8.5%. Public sector Coal India (CIL) and private players with captive mines ramped up production after a worried government put them on notice. CIL exceeded its production target in the first half. If the trend continues, …

Power Min, CEA may need to consult utilities for signing FSA

CEA has suggested that coastal plants and power plants which are equidistant from coast and mines should get imported coal The Power Ministry and the sector's planning body Central Electricity Authority may be required to consult power generation utilities for signing Fuel Supply Agreements (FSAs) with Coal India. "They (Power …

Supply of coal to power plants

Power Utilities have reported a generation loss of 11.63 Billion Unit during the year 2011-12 due to shortage of coal. The station-wise generation loss reported by the Power Utilities due to shortage of coal is given at Annex-I. A statement giving Plant and State-wise coal requirement and receipt position is …

CIL needs to up prices to offset imported coal cost

New Delhi Coal India will need to increase domestic coal price by 8-21% during the current 12th Five-Year Plan to offset the impact of the high cost of coal that it may have to import to meet at least 80% of the fuel requirement of power companies as per contractual …

Odisha objects to new coal price pooling formula

Says the pricing is meant to subsidise private power generators The Odisha government has objected to the new coal price pooling formula proposed by the Central Electricity Authority (CEA) and Coal India Ltd (CIL), saying the revised pricing mechanism is aimed at subsidising private power generators. “If pooling of price …

Monnet Ispat in talks for coal mine buy in Colombia

Acquisition to feed steel plants, power projects in India Monnet Ispat and Energy Ltd (MIEL), India's second-largest coal-based sponge iron producer, is set to soon acquire majority stake in a 25-million tonne (mt) coal mine in Colombia. The Rs 1,960-crore MIEL wishes to feed its steel and captive power plants …

Fuel availability, rising cost issues still loom large over major power players

Mumbai The July-September financial reportcards of India's major power producers, such as Tata Power and Adani Power, reflect that issues such as fuel availability, tariff renegotiations and pass through of rising costs still loom over industry. Stagnating production at Coal India and lower gas output at the country's flagship KG-D6 …

CIL to have New Model for Price Pooling

Coal India is working on a new model for price pooling that will allow power generators to buy a mix of imported and domestic coal at one price. Officials at the State-run miner said the price derived by the new formula will have the cost of imported coal factored into …

Tata Power picks stake in another coal miner

Mumbai Tata Power on Thursday said it has acquired a 26% stake in Indonesian coal miner PT Baramulti Suksessarana Tbk (BSSR), aiming to bolster supplies amid a severe domestic fuel shortage. The company did not disclose the terms of the deal. At Thursday’s closing price, Tata Power’s stake in Baramulti, …

NTPC told to sign FSA before November 30 deadline

With the November 30 deadline set by the Prime Minister’s Office (PMO) to wrap up fuel supply agreements (FSAs) drawing near, the Power Ministry has directed NTPC to sign the FSA with Coal India Limited (CIL) for supply of coal for its power plants. The Power Minister, in a recent …

Private power producers take Coal India to CCI

CIL is charged of discriminating in favour of public sector firms in the reworked format of fuel supply agreements The private power producers' lobby has taken state-run Coal India Ltd (CIL) to the Competition Commission of India (CCI) over the long-standing issue of fuel supply pacts. The lobby has blamed …

De-allocation letters for coal blocks soon: Jaiswal

Kolkata The inter-ministerial group on coal blocks will meet on November 5 and 6 to finalise the norms for allocation of 13 de-allocated coal blocks to private sector undertakings (PSUs), said coal minister Sriprakash Jaiswal at the 38th Coal India (CIL) foundation day. On further deallocation of coal blocks from …

NTPC plans another power plant near Vizag

Talks on with APIIC to identify suitable site for the project India’s major power producer National Thermal Power Corporation (NTPC) has decided to launch a fresh initiative to speed up work for establishing 4,000 MW coal-fired Greenfield power project near Visakhapatnam. Having completed the full design capacity of 2,000 MW …

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