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. …

Coal shortage, approval delays: Power cos look abroad

Mumbai Shortage of domestic coal, coupled with high cost of imports and delays in receiving approvals, are pushing Indian power producers to build plants overseas or bid for them. India's largest private power producer Tata Power is now evaluating Vietnam, Indonesia, Turkey, Africa and West Asia to build coal, gas …

PMO okays CIL’s lower supplies but hikes penalties dramatically

New Delhi Coal India may now be allowed a lower fuel supply commitment of 65% to power companies as against 80% prescribed earlier, but will pay a much higher penalty of up to 40% of the value of the coal in short supply in case of failure to meet this …

Coal price rise means costlier power, warns MahaGenco

Maharashtra State Power Generation Company (MahaGenco) says it would have to pay an extra Rs 201 crore yearly, due to the 10-15 per cent rise in supply rates from Western Coalfields Ltd (WCL, a Coal India arm. The rise announced by WCL is for the entire western region. “The rise …

Coal India gets NTPC's de-allocated coal mines

The country is facing acute coal shortage, hitting hard the power sector and moves are afoot to ensure that the production is enhanced The Coal Ministry has given three de-allocated mines, including two of NTPC, to CIL and asked it to appoint mine developers to begin the production from these …

NTPC agrees to sign fuel supply pact with Coal India

PMO is believed to have accepted the demand of Coal India to lower the minimum supply level to 65% from 80% State-run NTPC today said it would abide by the Prime Minister's Office directive of signing the fuel supply agreement with Coal India at a minimum assured supply of 65%. …

Power Min Yet to Decide on Trigger Point for FSAs

It is proposed to lower trigger point to 65% from 80% in fuel supply pacts. The power ministry is yet to take a view on the amended terms of the new fuel supply agreement that proposes to lower the trigger point to 65% from 80%, a senior official said. “We …

PPP model for coal mining under study

The Coal Ministry is preparing a draft on public-private partnership (PPP) in the form of mining, development and operations (MOD) agreement for exploration of coal mines by private entities in close association with Coal India Limited (CIL) to push up coal production and induct new technology through private sector participation …

NTPC Ends Row With Coal India Over FSA

Country’s largest power producer accepts changes proposed by Prime Minister’s Office The country’s largest power producer NTPC has accepted the changes proposed by the Prime Minister’s Office in the new fuel supply agreement, ending the standoff with Coal India. “We have no issues as long as CIL supplies coal. We …

MahaGenco takes Coal India, arm to competition tribunal

Seeks Competition Commission of India probe into ?abuse of dominance? by CIL, Western Coal Field Coal India’s “dominant and monopolistic” position in relation to production and supply has been challenged at the Competition Commission of India (CCI). The Maharashtra State Power Generation Company (Maha-Genco) has complained to the country’s apex …

CIL Hikes Price of Non-Coking Coal in Western Blocks by 15%

Prices in Eastern Coalfields blocks may go up by 12%; power generation costs set to increase Public sector Coal India has hiked prices for non-coking coal mined from selected blocks in Western Coalfields by up to 15% The development comes after CIL rolled back the hike in prices of coal …

Cos Ready Green Army to Push Mining Approvals

Energy and metal cos with mining interests setting up environment team for sustainable mining State-owned energy and metal companies having mining interests have begun hiring people to manage the environment around mines and enable them to make progress through a minefield of approvals. Making a tentative attempt to bridge a …

Coal ministry for progressive hike in FSA trigger levels

In a bid to decisively settle the bitter wrangling between power companies and Coal India Limited (CIL) over the terms of fuel supply to upcoming projects, the coal ministry is likely to propose a trigger level of 65 per cent for the current fiscal in the proposed Fuel Supply Agreements …

‘Power cuts due to fuel shortage’

With heatwave conditions having intensified across India, the entire country is in the throes of a major power deficit. States including UP, Uttarakhand, Bihar, Andhra Pradesh, Tamil Nadu and Karnataka are facing power outages running up to 16 hours in a day. Rural parts of Punjab and Haryana and also …

CoalMin to push for dilution in coal supply pact today

The coal ministry would push for significant dilution of the provisions of Coal India Ltd (CIL)’s current fuel supply pacts with power companies in tomorrow’s meeting at the Prime Minister’s Office (PMO). “The ministry will propose lowering CIL’s supply commitment under new fuel supply agreements (FSAs) to 65 per cent …

Lenders Turn Away Power Cos, say CIL Fuel Pacts not Bankable

Miner says it can’t ensure 80% fuel; officials to meet PMO principal secy today In a setback for power producers, lenders have said fuel supply pacts offered by Coal India are not bankable as they do not guarantee supplies while the state monopoly has said it cannot provide even 80% …

Power producers oppose terms of fuel supply agreements with CIL

Two days after Coal India Ltd (CIL), the world’s largest coal producer, entered into fuel supply agreements (FSAs) with 27 power companies, some power producers, including Maharashtra State Power Generation Co Ltd (Mahagenco), on Wednesday raised objections against some terms of the pacts. Mahagenco, one of the largest power producers …

Coal India withdraws LoAs for 62 power plants

Coal India (CIL) has withdrawn the authorisation for Letters of Assurance (LoAs) for two independent power plants (IPPs) and 60 captive power plants (CPPs) due to their failure to submit Commitment Guarantees (CGs) within the stipulated time. The move is bound to impact big companies like Tata and SAIL as …

Govt allocates 116 coal blocks to CIL for expansion

CIL had asked for 138 mines, but Coal Ministry directed the PSU firm to recast its plans The government has allocated 116 mines to Coal India for expansion to help it boost production capacity amid the PSU firm drawing flak for coal shortages across the country. "The Coal Ministry allotted …

Power cos in deals with non-discom entities may also get coal linkages

New Delhi Power companies having long-term power supply contracts with traders, state government agencies and distribution licensees of special economic zones (SEZs) could soon get coal linkages. The government proposes to dilute a key condition in the fuel supply agreement (FSA) enabling these contracts to qualify for coal supply. As …

CIL lets power units to lift coal from mines

Coal India has introduced a one-time offer that allows power utilities to lift the fuel directly from mines. The scheme is available for independent power producers drawing coal under fuel supply agreements (FSAs) as well. “A one-time offer is being made to all power utilities drawing coal under the FSA …

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