CATEGORIES

'Opening of coal mining to commercial actors is a promising development': IEA

CIL and the MoC have sponsored several R&D programmes and currently most of the equipment available for washing coal in India is suitable. Despite the improvement, an effort to build further washing capacity and develop washing technology specific for Indian coal would pay off, considering the specific characteristics of Indian coal and the prospects for long-term utilisation of coal in India.

Traffic handled by major ports up 1% till December

The 12 major Indian ports handled 524.028 million tons (mt) of total traffic during April-December 2019, higher by 0.98 percent higher than 518.938 mt recorded for April-December 2018, according to data released by the Indian Ports Association (IPA).

'CIL confident of retaining leadership position'

Notwithstanding the renewables blitzkrieg and compulsive green campaigns, coal’s prospect remains bright and secure in India’s growing energy matrix. Likewise, Coal India Ltd being the largest producer of the dry fuel also finds little threat from the potential competition from the private players in the coal vertical. Instead, the near-monopoly state-owned PSU feels that the emergence of other players will help achieve the common goal of reducing imports, says Anil Kumar Jha, chairman-cum-managing director, CIL, in an exclusive interview to Arindam Bandyopadhyay. He also lays stress on the uniqueness of CIL saying the organisation has made contributions to the economy that go beyond the numbers. Excerpts:

Coal Freight To Turn Costly As IMO2020 Set To Kick In

Global shipping industry impact likely to be $50-60 billion in 1st year

Asia Set To Support Global Coal Till 2024: IEA

Global coal demand is expected to decline in 2019 but could remain broadly stable over the next five years, supported by robust growth in major Asian markets, according to the International Energy Agency’s Coal 2019, the latest annual coal market report.

Digitalisation making procurement fast and intelligent

Procurement functions is fast getting digitised helping the manufacturing sector to a faster decision making process and moving away from just chasing the lower cost supplier to a more value added proposition.

Oracle Power joins hands with China National Coal, Emirates Group head for Thar coal project

Oracle Power PLC, the UK energy developer of a combined lignite coal mine and mine mouth power plant located in block VI of the Thar desert of Pakistan has entered into a Joint Development Agreement with the private office of H.H. Sheikh Ahmed Dalmook Juma Al Maktoum and China National Coal Development Co.

Competence of holder of competency certificate

Mining is a process of fighting against the nature’s equilibrium. Such fight is fraught with dangers and therefore, there are numerous restrictions and guidelines framed.

SCCL's coal production down 5.7% y-o-y in Nov

Coal production by Singareni Collieries Company Ltd (SCCL) declined by 5.65 percent to 5.44 million tons (mt) in November 2019, compared to 5.77 mt reported for the same month last year, according to (provisional) data released by the company.

Coal India eyes 2 million ton a day output to meet shortfall

Coal India Chairman AK Jha and coal additional secretary VK Tiwari recently reviewed performance of the Mahanadi Coalfields Limited (MCL).

The rising and falling tides of ocean freight

The year has been marked with mercurial freight rates inflected by a plethora of scenarios such as the Vale tailings dam collapse in Brumadinho, Brazil in January’19, additionally the ensuing US-China trade war, and looking upon the IMO 2020 regulations in the near future - true to the volatile nature of the shipping industry.

Power capacity addition during Oct at 800 MW

Power generation capacity addition during October 2019 stood at 800 megawatts (MW), according to data released by the Central Electricity Authority (CEA). The target set for the month stood at 570.33 MW.

CIL's coal production down 4% in November

Not with standing an improvement in its performance during the month, Coal India Ltd (CIL) witnessed a decline of 3.9 percent in coal production in November 2019 over the same month last year, according to (provisional) data released by the company.

Coal Prices To Remain Weak On China Demand Concern: Aussie Gov Report

The Newcastle benchmark thermal coal spot price is forecast to touch $72 a ton in 2021, as demand softens relative to supply, says a study by the Australian government.

Coal India To Miss FY20 Production Guidance By 55-75 mt: ICRA

Coal India may miss its FY20 target of 660 million tons (mt) by 55-75 mt, rating agency ICRA has said in a note but sees higher domestic coal prices with spot e-auction premiums increasing from 55 percent in May to 87 percent in August.

India's tryst with growth - hope for recovery

India’s GDP grew 5.8 percent year-on-year in the first quarter of 2019, slowing down to 5 percent in the June quarter, a five year low.

India may miss 2022 renewable energy target on waning interest

The country might fail significantly in meeting the 175GigaWatt target set for 2022 considering current trend in capacity additions and poor interest among project developers in taking up future projects.

Global coal trade ALL EYES ON INDIA

With renewables continuing to thrive world over, the global coal market is showing signs of a gradual slowdown in years to come.

'CIL Is Confident Of Staying Ahead'

Coal India, the largest coal mining entity in the world, is entrusted with the task of powering most of country’s electricity generation. While it needs to gear up to face the challenge of growing power consumption in line with growing urbanisation and economic growth, Coal India also has to brace up for a world more reliant of renewable energy and where private miners would bring in their technologies and efficiencies, Shyam Nandan Prasad, Director (Marketing) of Coal India tells Arindam Bandyopadhyay in an exclusive interview.

Adani Gets Maha Regulator's Nod For Higher Coal Prices

Adani Power Maharashtra Ltd (APML), a wholly-owned subsidiary of Adani Power, has been allowed compensation by Maharashtra Electricity Regulatory Commission (MERC) on account of non-availability of coal from Lohara Coal Block.

India's July Coal Imports Remain Flat Y-O-Y

India’s July Coal Imports Remain Flat Y-O-Y

India's Met Coke Dilemma: Time To Review Anti-dumping Duty?

The Government may withdraw anti-dumping duty on Low Ash Metallurgical Coke originating from Australia and China imposed in 2016 following a recent mid-term review.

India's Energy Demand To Grow By 4.2%: Dharmendra Pradhan

India’s energy demand is projected to grow by 4.2 percent through 2035, an expansion faster than all major economies of the world, Petroleum and natural gas minister Dharmendra Pradhan has said while speaking at the eighth Asian Ministerial Energy Roundtable in Abu Dhabi.

Industry Demands “Attractive” Block Auction Norms

These are quiet times in the Indian coal sector.

Coking Coal Offers Ease In January

Coking Coal Offers Ease In January

India's Nov Coal Imports Up 27% Y-O-Y

India's Nov Coal Imports Up 27% Y-O-Y

Coal India's Production Up 0.79% In December Y-O-Y

Coal India's Production Up 0.79% In December Y-O-Y

Singareni's Production Down 1% Till December

Singareni's Production Down 1% Till December

Indian Conveyor Belt Users Must Focus More On Mechanical Fasteners

Indian Conveyor Belt Users Must Focus More On Mechanical Fasteners

Traffic Handled By Major Ports Up 3.6% In Apr-Dec

Traffic Handled By Major Ports Up 3.6% In Apr-Dec