Railways provides record rakes for ferrying coal to power plants in March

[ad_1] In preparation for the peak electricity demand season from April to June, Indian Railways, on an average, provided more than 297 rakes per day to the power sector during March 2024, an all-time high.According to the Coal Ministry’s data,...

Imported coal-based plants procurement hits 4-year high in FY24

[ad_1] Thermal power plants (TPPs), running on foreign coal, imported a record 41.81 million tonnes (mt) in the last financial year, ending March 2024, hitting a four year high following government’s mandate to run units at full capacity till October...

Power sector outstanding dues to coal PSUs up 42% y-o-y in end-FY24

[ad_1] The cumulative outstanding dues of the power sector to Coal India (CIL) and Singareni Collieries Company (SCCL), which account for over 90 per cent of India’s coal production, rose 42 per cent y-o-y to ₹24,392 crore at the end...

Coal keeps powering India as booming economy crushes green hopes

[ad_1] Built along a stretch of salt flats in southern India, the Tuticorin power plant epitomises a quagmire for the world’s fastest-growing major economy: how to provide reliable energy to 1.4 billion people.Also read:India’s thermal coal imports climb to a...

Govt sets coal production target of 170 million tonnes for FY25

[ad_1] The government has set the target of producing 170 million tonnes of coal from captive and commercial coal blocks in the country during the current financial year.Also read:NTPC aims for 40 MMT coal production in FY25 In FY24, captive...

India’s coal import rises 13% in February

[ad_1] India's coal import rose by 13 per cent to 21.64 million tonnes (MT) in February as some buyers took fresh positions to replenish stocks ahead of summer, according to online marketplace mjunction. The country's coal import was 19.15 MT...

SCR registers ‘best-ever’ performance in freight business in FY24

[ad_1] South Central Railway (SCR) registered its best-ever performance in freight business during the last financial year 2023-24, marked by record achievement in both originating loading and earnings. The zone surpassed the 140 MTs mark in originating freight loading for the first time...

Core sector growth reached a 3-month high of 6.7% in Feb

[ad_1] Eight core industries’ output growth hit a three-month high of 6.7 per cent in February 2024, reversing a slowing growth trend seen in January 2024 and December 2023 at 4.1 per cent and 4.9 per cent, respectively.Also, cumulative growth...

India’s coal & lignite production at ‘historical’ one billion tonnes 

[ad_1] India, the world’s second largest coal consumer, on Friday surpassed the milestone of producing one billion tonnes of coal and lignite.Also read:Govt open to offer closed and abandoned coal mines to private sector under revenue sharing mode, says Coal...

Captive, commercial mines set to make coal cheaper for industries: Coal Secretary

[ad_1] Rising coal production from captive and commercial mines, which is expected to hit 140 million tonnes (MT) in FY24, will help in reducing the price of the critical commodity, Coal Secretary Amrit Lal Meena said.“With wider contributions from captive...
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