CCL to provide scholarship to students who lost parents due to COVID-19
COVID-19 pandemic has caused hundreds of school and college going students to become orphans in the coal region, which falls under the operational command area of CCL, and are unable to afford educational expenses. CCL has extended financial support to help them to continue their education under its corporate social responsibility scheme, the official said.
CIL says supply to non-power industries at average level
In a joint representation, eight industry associations including of fertiliser, paper, textile, aluminium and sponge iron have submitted that the persisting coal crisis is hurting power-intensive plants and small and medium enterprises by forcing them to operate at reduced capacities amid a looming risk of plant closures.
Coal India committed to meet 'elevated' demand of power sector, says official
"We are committed to catering to the coal needs of the power sector, be it domestic or those dependent on imports, despite CIL being stretched," a senior company official told PTI when asked whether it was capable of plugging the gaps arising out of Indonesian supply disruptions.
CIL may show strong earnings growth, pay higher dividend
The stock is trading cheap on increasing concerns over renewable energy replacing coal-fuelled power, but the numbers tell a different story. The demand is likely to sustain at least in the near-to-medium term. And some analysts also argue that solar cannot substitute coal entirely, especially after sunset - when solar power isn't generated.
Coal India's April-December capex up 37% at Rs 10,717 cr
State-owned CIL on Wednesday said it has incurred a capex of Rs 10,717 crore in the April-December period of the ongoing fiscal, registering a 37.4 per cent year-on-year growth. The capex of Coal India Ltd (CIL) during April-December period of the last fiscal was at Rs 7,801 crore, according to a company statement.
TAI requests Assam govt to nominate state agencies for coal allocation to industries by CIL
TAI in a statement stated, “Ever since the issue related to shortage of coal was brought to the notice of the Association in the month of July 2021, it immediately approached the Ministry, Industry of Commerce and Industry, Government of Assam to assist the Industry in meeting up with this shortage of coal, arising primarily due to issue related to Coal Mining and Forest Sector."
Coal dispatch by CIL to power sector rises 23% in April-November
"At a thumb rule specific coal consumption of 0.67 Kg, that is the quantity of coal required to generate one unit of power, CIL's coal helped generate 507.46 Billion Units (BU) of power during the referred period spurring 22.5 per cent growth compared to 414.08 BU same period last year," CIL said.
Coal India to infuse Rs 19,650 crore to strengthen rail infra
The upcoming projects, some of which are already operational, would help CIL despatch increased volumes of coal through rail, above the existing capacity, from its greenfield and brownfield mining areas, Coal India (CIL) said in a statement.
Supply of coal by CIL to power sector rises 23% in Apr-Oct
The dispatch of coal to the power sector by state-owned CIL rose 22.7 per cent to 291.72 million tonne (MT) in the first seven months of the ongoing fiscal year. Coal India Ltd (CIL) had dispatched 237.75 MT of coal to the power sector in April-October period of 2020-21, according to monthly summary for the Cabinet for October.
CIL has begun process of retrofitting Liquefied Natural Gas kits in dumpers: Govt
The statement assumes significance in the wake of Prime Minister Narendra Modi on Monday stating that India will reach its net zero carbon emission target by 2070, as he laid out the country's climate action plan.
Joshi compliments coal cos for record supply of 22 lakh tonnes of dry fuel to thermal power plants
Joshi has expressed happiness over coal ministry's remarkable achievement of attaining 22 lakh tonnes coal dispatch to thermal power plants on Thursday (October 28), the ministry said in a statement. In a tweet, the minister said out the above quantity, 18 lakh tonnes have been supplied by Coal India Ltd (CIL).
CIL has stepped up coal supply to meet increased demand of power sector: Pralhad Joshi
"Coal production and despatch have now increased and we are supplying about 2.2 million tonnes coal in a day to the power plants, which is itself a record," Joshi was quoted as saying in a statement by Coal India arm Mahanadi Coalfields Ltd (MCL).
Litmus test passed, how the government can 'Air India' the rest
The maharatnas - Bharat Heavy Electricals (Bhel), Coal India (CIL), Gail (India) (formerly Gas Authority of India), Indian Oil Corporation (IOC), NTPC (formerly National Thermal Power Corporation), Oil and Natural Gas Corporation (ONGC) and Steel Authority of India (SAIL) - are collectively doing as well as private companies of similar size. SAIL, Bhel, CIL and IOC need serious restructuring and better leadership to make them world-class companies.
Coal supply prioritised temporarily to power sector to replenish dwindling stock: CIL
Earlier, coal minister Pralhad Joshi discussed ways to improve coal stocks at thermal power plants with railway minister Ashwini Vaishnaw and power minister R K Singh. The meeting comes against the backdrop of power plants grappling with coal shortages.
View: Coal is an unreliable source of electricity generation that is heavily dependent on a long supply chain
Electricity demand in India has soared on the back of recent strong economic growth. But peak demand during September and October is around 175 gigawatts (gw), less than it was in July when demand crossed 200 gw.
Coal India to refrain from conducting any e-auction till situation stabilises
"This is only a temporary prioritisation, in the interest of the nation, to tide over the low coal stock situation at the stressed power plants and scale-up supplies to them. It does not mean stoppage of e-auction format," Coal India said.
Mahanadi Coalfields further raises daily coal despatch; supply crosses 5.1 lakh tonnes a day in October
Meanwhile, the Ministry of Coal launched the auction process of 40 new coal mines in which 21 new mines are under the Coal Mines (Special Provisions) Act 2015 and 19 are under the Tranche three of Mines and Minerals (Development and Regulation) Act 1957.
CIL asked Mahagenco to augment coal stock at plants for uninterrupted power supply
Maharashtra State Power Generation Co (Mahagenco) had requested WCL to supply 10.5 rakes of coal per day to its power plants in June against 22.5 rakes per day. In the letter, WCL had cautioned that as monsoon has already entered in Maharashtra and likely to be very active in coming days, coal production as well as dispatches may be hampered.
Govt asks CIL to explore prospects in electric vehicles, charging pods
"CIL must diversify its business and explore prospects in sunrise industries electric charging pods, EVs etc," according to Coal Ministry's agenda for 2021-22. It further said that CIL has plans to diversify considering the future restriction on carbon emission which is inevitable.
CIL output up in Q2; to stabilise stocks at power plants
During the first half of this financial year CILs off-take to power sector at nearly 246 MTs was highest ever for this period so far but the demand from this sector was even higher as an outcome of a sudden spike in coal-based generation to unprecedented levels, it said.
Coal ministry constitutes panel to review, benchmark timelines for project execution
The committee has been set up with a view to suggest a robust and efficient set of timelines and whether statutory clearances may be obtained prior to issuing tender, the coal ministry said in a statement.
Coal supply shortage hurts top metals, cement makers
India's top metals and cement makers are hurt by a fall in the availability of coal from state-owned Coal India Ltd (CIL) and its subsidiaries, which are sending more of the dry fuel to the power sector while cutting down the supplies to other users.
CIL signs pact worth Rs 1,880 crore for commercial extraction of coal bed methane
"Bharat Coking Coal Limited (BCCL) on Monday, signed a first of its kind revenue sharing contract worth tentatively Rs 1,880 crore for commercial extraction of coal bed methane with CBM developer Prabha Energy Private Limited, selected through a global bidding process," Coal India (CIL) said in a statement.
Coal India arm ECL installs 250 kW rooftop solar project
"ECL, the West Bengal-located coal-producing subsidiary of Coal India Ltd, commissioned a 250-kW rooftop solar power project on Wednesday ramping up its total installed solar roof top capacity to 692 kW," the statement said.
Coal India urges power generating companies not to regulate coal intake
"CIL has been writing to power gencos since October 2020 not to regulate intake of their coal and build up stock at their end, so that generation do not suffer during the summer and monsoon season due to coal shortage," one of the sources said.
"114 coal projects with a sanctioned capacity of 836.48 mty (million tonnes per year) and a sanctioned capital of Rs 1,19,580.62 crore are in different stages of implementation out of which 75 projects are on schedule and 39 projects are delayed," Coal India (CIL) said in its report.
CIL supplied 44 MTs more coal to power during April-August over same period last fiscal
“CILs urgency in shoring up supplies to power plants was evidenced in 104% materialization during the last week of August at an average per day supply of 1.36 MTs against the requirement of 1.31 MTs given by CEA. The last three-day average loading to power went up to 1.4 MTs,” said a senior executive of the company.
CIL chairman lays foundation stone of MCL's Rs 285 crore FMC project
Designed by the MCL's Innovation Cell and the Department of E&T, the portal named "Vihangam" for remote monitoring was created by a Mumbai-based startup of drone manufacturing, robotics, and automation. This innovative initiative, which will enable the company to access real-time video through the internet and will pave the way for other allied potential use-cases of drones in mines.
Aluminium industry asks CIL to normalise 'precarious' situation arisen due to coal supply stoppage
"This has reference to the crisis situation developed for the entire aluminium sector due to the recent ad hoc decision for stopping/drastically curtailing the coal supplies and rakes for captive power plants (CPPs) resulting in coal crunch situation for aluminium sector," the letter said.
Aluminium cos say coal curtailment brought industry to standstill
The Aluminium industry CPPs have signed Fuel Supply Agreements (FSAs) with CIL and its subsidiaries for assured long-term coal supply. Any abrupt stoppage of this secured coal supply has a severe impact on the SMEs in the downstream sector resulting in increased prices of finished products and burdening end consumers.
Trade union demands CIL to enhance superannuation age of employees from 60 to 62 yrs
In a recent letter to CIL Chairman Pramod Agarwal, Hind Khadan Mazdoor Federation President Nathulal Pandey said working norms, rules and regulations of Singareni Collieries Company Ltd (SCCL) are almost the same and similar to the CIL workers.