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. …

Green light on project area expansion to up CIL output by 40 mt

With the ministry of environment and forests (MoEF) allowing Coal India (CIL) to expand project area by as much as 50% without holding a public hearing, the miner may be able to produce an additional 40 million tonnes (mt) next year on this count alone, CIL chairman and managing director …

Changes in mega power policy get Cabinet approval

New Delhi : The Cabinet Committee on Economic Affairs on Thursday approved two changes in the Mega Power Policy 2009 to benefit more developers. To avail the benefits under the scheme, developers will be allowed to tie up 65 per cent of the installed capacity through competitive bidding and another …

Mining exploration not enough but new law could bring more funding

Canada and Australia top the list of countries which spend on mineral exploration with 19% and 12% respectively of global share Despite being a mineral-rich country, India’s share in the global exploration budget has been less than 0.5 per cent, which might explain why the country’s proven reserves are only …

CSR activities in Coal India Limited and its subsidiaries: action taken by the Government on the observations/recommendations contained in the thirty-second report of the Standing …

The officers-in-charge of spending money on CSR activities must be made accountable for this failure to spend the CSR budget," said the Parliamentary Standing Committee on Coal and Steel, headed by Kalyan Banerjee in this report. Standing Committee on Coal and Steel present this Forty-Third Report (Fifteenth Lok Sabha) on …

Details of the requests received from the States including Kerala for allocation of coal linkages

The details of the requests received from the States including Kerala for allocation of coal linkages is given in the data. These requests received for coal linkages are to be considered by the Standing Linkage Committee for recommendations. Since Coal India Limited (CIL) and its subsidiary coal companies have been …

Restrict surplus coal transfer within end-use sector: Chaturvedi panel

Captive coal mining companies should be restricted from transferring surplus coal production outside their end-use sector, a high-level panel headed by Planning Commission member B K Chaturvedi has recommended. The surplus coal should be transferred at the notified price, it said. These firms will have the option of disposing of …

Carbon majors: accounting for carbon and methane emissions 1854-­2010

The primary objective is to quantify and trace historic and cumulative emissions of carbon dioxide and methane to the largest extant fossil fuel and cement producers. This project focuses on the industrial carbon fuels and cement manufacturing, and details the annual and cumulative contribution of each of the largest 90 …

Myopia on coal

The brouhaha over Coalgate has pushed the genuine long-term issues in coal to the background. India's coal reserves are smaller than estimated and the flurry of coal-based power plants that have been approved in recent years has seen a frenetic rush to tie up coal resources, which at this rate …

PowerMin's request on linkages for GVK Power's plant rejected

CIL and its subsidiary coal companies are reporting negative coal balance, therefore there is no scope for issue of any new LoA, says Coal Ministry The Coal Ministry has rejected the Power Ministry's request to grant linkages for GVK Power's 540 MW plant in Punjab saying that state-owned CIL has …

Vedanta to raise India power capacity to 10k Mw in a year

Company hopeful of bringing 3 operation ready projects on stream shortly, completing its Rs 50,000 cr power investment cycle set in motion 5 yrs back Vedanta London-listed metals and mining conglomerate Vedanta Resources Plc expects its operational power generation capacity in India to jump by half to 10,000 Mw within …

Apex court asks Centre to furnish report on coal blocks

The Supreme Court on Tuesday asked the Centre to give a comprehensive report with a complete break-up of the coal blocks in a tabular format, including allotments made to different companies, investments and the status of the projects. The apex court also decided to hear the plea of an association …

CIL rejects Greenpeace charge on coal reserves

State-run Coal India (CIL) on Tuesday refuted the charge of Greenpeace that it had deceived its shareholders by concealing its true level of extractable reserves of coal. The world’s largest coal miner said the allegation made by the global environmental lobby was “absolutely preposterous” and “misinformation campaign” against it as …

Ministry: Coal allocations breached 1992 guidelines

New Delhi: Yet to solve the mystery behind missing files on coal block allocations, the coal ministry on Monday courted fresh trouble as it admitted before the Supreme Court on Monday that five coalfields were allotted to private parties during 1993-2005 in breach of 1992 guidelines. The affidavit said, “Out …

Coal India running on empty

Coal India Limited is misleading shareholders by concealing information on the level of its extractable reserves, which could be exhausted in 17 years. The company has failed to disclose to stock exchanges that its extractable coal reserves are in fact 16% less than stated at the time of its 2010 …

SC demands clarifications from Centre on coal block allocations

The Supreme Court on Wednesday asked the Centre to give details of the procedure adopted by it to allocate coal blocks belonging to public sector undertaking Coal India (CIL) to private parties. It further asked the government whether coal blocks allocated to the private firms were in the lease hold …

Cabinet panel set to give 28 power projects a big push

The Cabinet Committee on Investment (CCI) is likely to set the ball rolling for 28 stalled mega power projects, involving investments of Rs 1,72,000 crore, on Monday. These projects, slated for discussion at the CCI meeting, are expected to get cleared. Though their real impact on growth might be visible …

NDMC may set up a 500MW power plant in Gonda

Venturing into thermal power generation, state-owned iron ore miner National Mineral Development Corporation (NMDC) will set up a 500MW power plant at UP's Gonda district. The company plans to invest about Rs 3,016 crore on the project. It has roped in IL&FS; Energy Development Company (IEDCL) as a partner for …

The coal saga - The imminent and the feasible

Pricing, entitlements and allocation need to be looked at carefully in the coal sector if the present mess has to be sorted out. This article proposes certain measures which can break the impasse and argues for a break-up of Coal India into smaller units as a possible solution.

Coal India may drag Madhya Pradesh to court over ‘benefit sharing’ levy on state-run miners

Coal India (CIL) is planning to move court against the Madhya Pradesh government decision defining coal as a biological resource and warning of imposing a benefit-sharing levy on state-run coal companies, which the coal ministry has termed as “double taxation.” On January 11, the Madhya Pradesh government’s Biodiversity Board served …

Nine power plants may get nod today

Earlier CCEA nod on imported coal price to help hasten decision on these and 6 others The recent Cabinet decision on coal cost pass-through should enable quick clearance of at least half the 18 power projects to be considered on Wednesday by a sub-group of the Cabinet Committee on Investment …

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