India's coal consumption has doubled since 2007 at an annual growth rate of 6 per cent and the International Energy Agency (IEA) estimates that the largest increase in the fuel's demand globally this year was from India (7 per cent or an addition of 70 million tonnes). This on top of a 14 per cent rebound in 2021, and 1,033 million tonnes consumption in 2022.
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Hoping that power plants lift more coal from its pits, staterun Coal India (CIL) has relaxed payment norms for its customers. Customers, who had to clear payments to CIL by April 7, can now pay ...
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Most of the coal production in India comes from opencast mining, contributing over 83% of the total production. Coal India employs some 460,000 people and is one of the largest five companies in India." Coal India reports that its annual coal production has grown from 79 million tonnes in 1975 to million tonnes in .
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A stack of coal at a wholesale market in Mumbai on May 5. Production of coal, the fossil fuel that accounts for more than 70 percent of India's electricity generation, has not kept pace with ...
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India Business News: KOLKATA: Coal India (CIL), the Maharatna coal company, has relaxed norms of 'minespecific coal supply' policy, which would ease availability of coal .
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The trends of coal consumption and production this year indicate that the dirty fuel is here to stay despite the nation's ambitious target of meeting 50 per cent of energy requirements from renewable energy and nonfossil fuel capacity of 500 GW by 2030.
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Coal India Ltd has relaxed the norms for "minespecific coal supply" policy, which would ease availability of the dry fuel to consumers having less than one million tonnes of requirement per annum. The move would benefit a large number of the mining major's linked small consumers, the company said.
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Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of is headquartered at Kolkata. It is the largest governmentownedcoalproducer in the world. It is also the ninth largest employer in India with nearly 272,000 employees.. The PSU contributes around 82% to the total coal production in India.
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And as the West urges India to reduce its carbon emissions, the focus remains on its reliance on coal, one of the dirtiest of fuels which is responsible for more than 70% of India's energy production.
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New Delhi: The coal ministry will issue a directive to Coal India ( CIL) asking it to relax its norms under the provisions of fuel supply agreements (FSAs) to facilitate coal imports for power projects. The staterun miner will supply imported coal on a costplus basis along with an administrative charge to be decided by its board of directors.
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News Business India looks to relax norms to attract global coal miners, ... a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp. ...
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Benchmark Asian coal spot prices recently surged to a record as buyers across the region scrambled to find alternatives to Russian supply, further tightening the fuel's availability. Meanwhile ...
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Coal India Limited: Customers of nonregulated sector are large in numbers and blockage of working capital in coal movement through railways was, of late, found to have a bearing on their financial health, the miner said. X. We use cookies to ensure best experience for you.
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The plans would lead to 460% more coal production, 83% more gas, and 29% more oil in 2030 than it was possible to burn if global temperature rise was to be kept to the internationally agreed
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The Indian government wants to ramp up the country's coal production and consumption. In line with this goal, the union environment ministry has now made it easier for thermal power plants to change the source of coal from imported to domestic a procedure that so far involved seeking an amendment in the environment clearance that such plants already had.
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The country's coal production is expected to record a "sizeable leap" in 2022 with increased output mainly from Coal India and captive mines, providing adequate firewall against any possible dry fuel shortages like the one witnessed in the latter half of this year. While coal supplies have stabilised in recent times, efforts are on to further improve the fuel dispatches and a top government ...
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Advt The trends of coal consumption and production this year indicate that the dirty fuel is here to stay despite the nation's ambitious target of meeting 50 per cent of energy requirements from renewable energy and nonfossil fuel capacity of 500 GW by 2030.
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Staterun Coal India Limited (CIL) on Friday said it has relaxed norms for supplying the fuel to its customers of nonregulated sector by extending "letter of credit" to them and allowing an ...
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The growth in power generation for domestic coalbased plant was recorded at per cent, while the growth in coal production was at per cent year on year (till date).
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"The future of coal in India is bright.....we believe that there are technologies that are available which can help India extract coal far more sustainably, use it far more sustainably, combust it far more sustainably, and post combustion treatment to coal can reduce Co2 emissions by as much as 99 per cent," FutureCoal Board member Sunil ...
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Tight supply of coal to power plants and expected rise in import of the dry fuel amid high international prices will put upward pressure on electricity tariff, according to an Icra report. "Given the continued tight domestic coal supply position over the last sixmonth period, coal import dependency for the power sector is expected to increase moderately in the nearterm.
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Coal India has relaxed the norms for 'minespecific coal supply' policy. This move would ease availability of the dry fuel to consumers having less than one million tonne of requirement per annum. In the policy, the minimum per annum requirement of the consumer has been downsized to a quarter from 1 million tonne of coal to million tonne.
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In November, the coal ministry had launched the process for auction of 133 coal mines under sixth round of commercial auctions, of which 71 were new coal mines and 62 were rolled over from earlier ...
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Govt looks to ease norms to attract global coal miners, industry sceptical ... for coal mining blocks before end2019, sources familiar with the matter told Reuters in August, a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global ...
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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