Friday, June 24, 2022
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imported coal

Imported coal: Govt proposes compensation for pass-through of increased power cost

The Ministry of Power has modified the norms for the pass-through of higher cost of imported coal used by thermal power plants

Power generation doubles in May on imported coal blending

Power generation by domestic coal-based plants that blended imported dry fuel has more than doubled to 143 million units (MU) per day in May

Power crisis: Govt tells gencos to place orders for coal imports by May 31

RK Singh has asked several states to direct electricity generation companies (gencos) to ensure timely coal imports for blending purpose

Centre must bear additional cost of coal imports, says AIPEF

The Centre must bear the additional cost of coal imports as it has put "undue pressure" on states to import the fuel for blending, the AIPEF has said

Power crisis: Govt directs PFC, REC to arrange loans for imported coal-based plants

The Ministry of Power has directed PFC and REC to arrange short-term loans with adequate safeguards, for imported coal-based plants

India’s coal production rises by 29% to 66.58 MT in April

The government said that the country's coal production rose 29 percent to 66.58 Million Tonnes (MT) in April, up from 51.62 MT recorded in April 2021

Power demand: All ICB plants should be operational at ‘fair, reasonable tariffs,’ says govt

Synopsis: RK Singh has directed states to ensure that all ICB plants are operational at “fair and reasonable” tariffs. At a review meeting held to review coal stock situation at ICB plants, it was decided to resolve all the operational issues in ICB plants and make them fully functional

Imported coal prices set to rise 45-55% in Q1 FY23: ICRA

Synopsis: Prices of imported coal are set to rise by 45-55 percent in the April-June 2022 quarter as markets face supply disruption following the Russia-Ukraine conflict, rating agency ICRA said in a report

Domestic coal supply will be adequate to meet power demand in FY23: Coal Ministry

Synopsis: With considerable increase in domestic coal production, India has achieved significant reduction in import of coal despite surge in power demand and it is expected that domestic thermal coal supply will be adequate to meet the power sector demand in FY23, said the Ministry of Coal

India to be self-sufficient in coal production for thermal power generation by 2024: Secy

Synopsis: India will be self-sufficient in coal production for thermal power generation by 2024, Coal Secretary Dr Anil Kumar Jain told the media after a review meeting at Western Coalfields Ltd (WCL) in Nagpur

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