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. …

Key report on open allocation of natural resources gathers dust

GoM headed by Pranab accepted Ashok Chawla committee report in October 2011 Notwithstanding frequent criticism by the Comptroller and Auditor General (CAG) on lack of transparency in allocation of natural resources, the Manmohan Singh government continues to sit tight on the reforms suggested by the Ashok Chawla committee which include …

CIL Board Divided on FSA Scope

However, the board has agreed to abide by Presidential Directive to sign pacts with older plants. Coal India’s board remains divided over fuel supply agreements (FSAs) with private power producers for plants being commissioned after December 2011 although its has agreed to abide by the Presidential Directive to sign agreements …

Consideration of projects of thermal power, steel sector, etc. for environmental clearance with sourcing of coal from dedicated coal blocks / Coal India Ltd

This is in continuation to this Ministry's earlier circular of even number dated 1% November, 2010 on the above mentioned subject regarding proposals relating to thermal power and other projects, which are largely dependent on availability of coal as a raw material. It was stipulated that such projects shall be …

Ministries in Power Tussle Over Allocation of Coal Blocks to Cos

Coal ministry argues in favour of CIL saying co extracts fuel at half declared mining cost of private firm Reliance Power The coal ministry has asked the power ministry to review allocation of coal bocks to companies, and argued that electricity costs would have been lower if mines had been …

Power industry miffed with CIL, to approach PMO

Miffed at the Coal India (CIL) board’s recent decision to set a low penalty level under the fuel supply agreements (FSAs) with power plants, private power producers are planning to again approach the Prime Minister’s Office (PMO). What CIL would pay if it fails to supply the entire additional quantity …

Coal Ministry may issue notices to 58 firms this week

Last year, Ministry had scrapped coal blocks to 6 PSUs and 3 pvt firms for not developing them The Coal Ministry is likely to begin this week the process of issuing show-cause notices to 58 captive coal block holders, including PSUs, which have not started the development work of mines …

CIL board okays fuel supply agreements

But, to dismay of power producers, offers only limited self-penalty for not committing at least 80% of promised supply Abiding by the Presidential directive, the board of directors of government-owned Coal India Ltd (CIL) has decided to send draft fuel supply agreements (FSAs) to power companies before April 20, though …

Plan Underway to Allow Private Cos to Mine Coal

Under pressure to boost production: Coal secy convenes meeting of CIL, Pvt mining cos & law ministry officials Under pressure from the PMO to increase coal production, Coal Secretary Alok Perti has convened a meeting between private coal mining companies and government-owned Coal India Ltd (CIL) to identify projects that …

CIL approves revised fuel supply pact

In a hurried move to implement the Presidential decree issued by the government to ensure adequate long-term coal supply to power firms, Coal India Limited (CIL) today approved the revised Fuel Supply Agreement (FSA) to be executed with at least 48 companies for generating 18,522 Megawatt of electricity. “The CIL …

Nalco plans Rs 18,000 cr investment in Odisha smelter

Nalco chairman B L Bagra says the proposed plant will be executed in phases State-owned Nalco is looking to set up a new aluminium smelting facility of 5 lakh tonnes and 1,250 MW captive power plant in Odisha's Sundargarh district at an investment of Rs 18,000 crore, a top company …

Govt working on proposal to engage pvt cos for CIL mines

Facing criticism for its inability to meet the growing demand for coal, the government is working on a proposal under which Coal India Ltd (CIL) would engage private sector companies to undertake mining on behalf of the public sector undertaking (PSU). The proposal to involve the private sector under the …

Power ministry wants no more wait for coal regulator

Govt already preparing Bill to institutionalise a sector monitor to decide prices, standards not fast enough, suggests Shinde to Jaiswal Amid the controversy over Coal India Ltd’s (CIL) signing of fuel supply agreements (FSAs) with power companies, the Union power ministry has demanded quick action on a regulator for the …

Jaiswal revives turf war over NTPC plant

New Delhi: Sriprakash Jaiswal has revived the turf war — literally — over NTPC’s North Karanpura power project in Jharkhand. The coal minister has raised the red flag over building such ‘super structures’ on coal-bearing land on the ground these would block efforts to rapidly ramp up production of the …

China power co inks $2.4 bn India deal

Hong Kong Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. The second phase of the project for India's Infrastructure Leasing …

Coal stock for just four days at 25 power plants

As the country braces for a harsh summer ahead, the average coal stock at about 25 thermal power plants has reached a ‘supercritical’ level. These plants have enough supplies for less than four days, against a normal range of 20-30 days. According to data from the Central Electricity Authority, the …

Coal shortage: Presidential order silent on woes of old power plants

The recent Presidential directive that makes it mandatory for Coal India Ltd to enter into fuel supply agreements (FSAs) with new power plants seems all set to address their concerns. But it is doubtful whether any available stocks will be given to the old power plants, particularly in the public …

Coal shortage: Presidential order silent on woes of old power plants

The recent Presidential directive that makes it mandatory for Coal India Ltd to enter into fuel supply agreements (FSAs) with new power plants seems all set to address their concerns. But it is doubtful whether any available stocks will be given to the old power plants, particularly in the public …

Coal India urges govt to clear its projects quickly

At a time when Coal India Ltd (CIL) is being pushed to sign fuel supply agreements (FSAs) with power companies, the state-run firm has said it needs at least 70 project proposals to be cleared in the 12th Five-Year Plan period (2012-17) to meet the demands of customers. “During the …

New auction won’t tell if CAG estimates right

Scramble Unlikely For 30 Remaining Coal Blocks. Will the auction of the leftover 30 new coal blocks in the next two months give an idea of how realistic is the comptroller & auditor general’s estimate of losses incurred by the government by simply giving out coal blocks through the discretionary …

CIL board gives in, to sign supply pacts with 50 power companies

Forced by a presidential directive, government-owned Coal India is likely to sign fuel supply agreements (FSAs) with at least 50 power companies after a board meeting next week. The board, on the urging of six independent members, had earlier turned down a government directive to commit at least 80 per …

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