E-PaperCoal Mining News
India’s Thermal Coal Production Jumps 9.2%; Aims For Self-Reliance | Details
India is aiming for nothing less than self-reliance when it comes to meeting its coal needs. Recently, Union Minister of Coal & Mines Pralhad Joshi informed the parliament about the uptick in production through a written response. Coal is used extensively for electricity generation in India and a lot of this coal is imported. But last year a noticeable decline was observed in coal imports by the power sector between April 2023 – June 2023 the imports dropped from 16.36 million tonnes in the corresponding period the previous year to 14.21 million tonnes
10 Aug 2023Private coal mining may see weak investor sentiment: ICRA
In FY2020, India imported 243 mt of coal from the seaborne market which entailed a hefty import bill of approximately US$ 21 billion
2 min read30 Jun 2020India steps on the gas for coal mining
Despite having the world’s fourth largest coal reserves, India imports around 235 million tonnes (mt) of coalThe CCEA has also allowed commercial exploitation of CBM in the mining lease area
2 min read20 May 2020Centre opens up coal sector, does away with end-use restriction
The Centre also decided to provide ₹5,559 crore for the construction of the North East Gas Grid projectThe CCEA gave ‘in-principle’ approval for strategic disinvestment in several public sector firms
3 min read9 Jan 2020CIL: limited impact from FDI in coal mining, stock may take time to recover
Low domestic coal prices are a reason why foreign firms may not find mining that attractive at this pointInternational coal prices have fallen by 20-30% in the past year
2 min read2 Sep 2019The high human, ecological cost of rat-hole mining
Over the years, indiscriminate mining of coal, especially in Meghalaya, has taken a toll on its ecology and put many lives at risk. 'Mint' analyses the perils of rat-hole mining method
2 min read2 Jan 2019Niti Aayog CEO Amitabh Kant pitches for ban on usage of fossil fuel-based gensets
Amitabh Kant also made case for phasing out more than 25-year old coal-based thermal power plants, creating open access power market, commercial coal mining and promoting renewable
2 min read27 Nov 2018GMR Infra divests stake in four Indonesian firms
GMR Infrastructure said on Monday it has divested entire stake in four Indonesian coal mining entities through its step down subsidiaries
1 min read3 Sep 2018Coal India’s CCL says 17 coal mining projects facing delays
Coal India unit Central Coalfields says its 17 out of the 21 ongoing mining projects worth ₹4,095.5 crore are facing delays due to various reasons including non-grant of green clearances
1 min read22 Aug 2018Coal India earmarks Rs9,500 crore for capex in 2018-19
Coal India is looking to pare operating costs in 2018-19 as it braces for competition from the private sector
1 min read31 Mar 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared