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...

Coal PSUs must plan pithead-based thermal projects: Coal Secy Meena

[ad_1] The Coal Ministry has asked Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said.Also read: Coal miners...

Assam emerges as a strong player in coal mine auctions

[ad_1] Coal mining auctions seems to be seeing States competing with each other to get a mine. In the latest – eighth and ninth round of auctions, Assam seems to be an aggressive bidder and has got three mines under...

Coal imports surge, exceeding FY23 shipments amidst rising power demand

[ad_1] India’s thermal coal imports during the first 11 months of the current financial year, ending in March, have surpassed the shipments of FY23. Thermal power plants (TPPs) have increased their reliance on this dry fuel to meet the growing...

Coal import substitution: Rationalise GST compensation cess on coal, says Inter-ministerial panel

[ad_1] An Inter Ministerial Committee, set up by the Coal Ministry, has suggested that GST compensation cess should be imposed on an ad-valorem basis so that it is directly related to the price and quantity of coal, instead of a...

GMDC unveils ₹Rs 663 crore compensation package for Odisha’s Baitarani-West coal mine

[ad_1] Gujarat Mineral Development Corporation (GMDC) has unveiled a ₹663-crore ‘Land and Resettlement and Rehabilitation plan’ to operationalise its first coal mine in Odisha. This involves acquisition of 354 hectares of government and private land for the proposed ‘Baitarani-West’ coal...

Captive, commercial coal mines likely to produce 140 mn tons in FY24 as Govt pushes for higher output

[ad_1] Coal production by the private sector is expected to surpass 140 million tonnes (MT) in FY24, ending March 2024, as the Coal Ministry pushes for enhancing output from captive and commercial mines.Also read: Coal India not to miss production...

Coal Ministry to deploy integrated logistics strategy to reduce reliance on road transportation

[ad_1] Coal Minister Pralhad Joshi while launching the integrated coal logistics plan on Thursday, said that the government’s aim is to bring down road transportation with thrust on ramping up railways and port infrastructure to meet the rising demands of...