Tuesday, June 28, 2022
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coal crisis

Govt receives 38 bids for commercial coal mines’ auction

The Ministry of Coal said that it has received a total of 38 bids during three rounds of commercial coal mines’ auctions and will open the bids on June 28

Decline in coal imports in FY22 on account of less buying by power sector: Govt

The drop in coal imports in FY22 was mainly on account of the power sector’s inbound shipments declining, said the government

India to replace 58,000 MU of thermal power with RE by FY2026

India has plans to replace 58,000 MU of thermal power with 30 GW of Renewable Energy (RE) by 2025-26 by making use of the bundling scheme

Coal import may push power supply cost for discoms by 4.5-5% in FY23

The govt measures to ease power supply constraints through higher coal imports are likely to increase the cost of supply for discoms by 4.5-5% in FY23: ICRA

Power crisis has shown India needs coal; coal requirement to double by 2040: Joshi

Synopsis: Minister for Coal Pralhad Joshi has said that the current power crisis has driven home the point that India needs coal and India's requirement for coal is expected to double by 2040 as electrification of various sectors rises

CIL ups coal supplies to power sector to 1.73 MT/day against requirement of 2.54 MT/day

Synopsis: In the backdrop of a power crisis, state-run miner Coal India Ltd (CIL) has increased daily coal supplies to the power sector to 1.73 MT/day against a requirement of 2.54 MT/day. On an average, CIL supplied 1.66 MT of coal per day to power utilities in April

Power sector dues payable to Coal India down by 18% to Rs 12,272.41 crore

Synopsis: The total outstanding dues payable by the power sector to Coal India Ltd (CIL), which had been hovering around Rs 15,000 crore for the past several months, has come down by 18.4 percent to settle at Rs 12,272.41 crore at the end of FY22 (March 2022), government data showed

Non-power sector facing coal shortage, industrial units might close if it continues: INTUC

Synopsis: Captive power plants in non-power sectors, including steel and aluminium, are facing an acute coal shortage and if the situation doesn't improve soon, it might lead to the closure of several industrial units, INTUC National General Secretary has said

NTPC coal imports swell a whopping 130% in Apr-Dec period of FY22

NTPC has recorded a whopping 130 percent increase in coal imports in the nine-month April-December period of FY22

Govt tells Coal India to prioritise coal supplies to thermal power plants

Pralhad Joshi has urged Coal India Ltd (CIL) and its subsidiaries to prioritise coal supplies to thermal power plants (TPPs) and devise an action plan to achieve annual production targets

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