Competition Commission of India (CCI), which last year slapped a penalty of Rs 1, crore on Coal India for indulging in unfair business practices, today passed two fresh orders on different complaints. The two complaints, filed last year, pertain to anti competitive practices in an eauction scheme and fuel supply pacts, respectively.
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Reducing reliance on coal will be a key first step in achieving these five objectives: Nonfossil energy capacity to reach 500GW by 2030. This ambitious target is more than three times India's current nonfossil fuel capacity, and more than India's total grid size. While the government is still to provide a sector breakdown, the Central ...
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Staterun Coal India Limited (CIL) on Friday said it has relaxed norms for supplying the fuel to its customers of nonregulated sector by extending "letter of credit" to them and allowing an ...
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Govt looks to ease norms to attract global coal miners, industry sceptical ... for coal mining blocks before end2019, sources familiar with the matter told Reuters in August, a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global ...
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The recent coal crisis at power plants in several parts of the country has caused the dry fuel producer to relax payment terms and push coal to ensure that there is the least shortage of power to keep the economy on track. Unrestricted supply of the dry fuel amid crisis in power plants has resulted in a further jump in dues that has already reached around Rs 24,00025,000 crore.
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Kolkata: Following pressure from the unions, Coal India has agreed to relax norms for the voluntary retirement scheme for women launched in March, extending the date for applications by six months and increasing the eligibility age to 55 from 50. Some other conditions of the scheme, which allows the sons of women workers who opt for voluntary retirement to be employed at the company, are also ...
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Cabinet relaxes norms to mine, sell coal; entry for foreign players eased. One must be able to get coal from various sources with ease: Pralhad Joshi. Private mining, finally. Coal stocks at power plants rise as Coal India steps up production. Cabinet likely to discuss proposals under Atma Nirbhar Bharat on Wednesday.
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These norms shall be applicable to all new fuel stations with effect from the date of issue of this circular. 2. Petrol / Diesel retail outlets and service stations with or without Rest Area Amenities etc. are hereinafter referred to as Fuel Stations. 3. These norms are applicable to all Fuel Stations with or without other user facilities of
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Coal India is targeting to produce 435 million tonnes of coal in this financial year. It plans to take up its annual production capacity to 520 million tonnes by the 201112, the terminal year of ...
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India's coal production grows pc to 73 MT in April; despatch rise pc to MT: Coal Ministry. India's coal production rose by % to million tonnes in April 2023, according to the ministry of coal. In April 2022, the country's overall coal production was at MT, as per the ministry data.
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The growth in power generation for domestic coalbased plant was recorded at per cent, while the growth in coal production was at per cent year on year (till date).
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Reuters. As the world's thirdlargest consumer of energy, India is feeling the heat from surging coal prices. To meet the country's growing demand for power and reduce its exposure to the economic impact of volatile prices, New Delhi is working to boost domestic production of coal, despite India's reputation as one of the world's most ...
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Coal India Limited: Customers of nonregulated sector are large in numbers and blockage of working capital in coal movement through railways was, of late, found to have a bearing on their financial health, the miner said. X. We use cookies to ensure best experience for you.
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As a historically low emitter of carbon emissions compared with the west, ministers claim it is unfair to penalise such actions. Under plans promoted by Modi, India plans to increase its domestic ...
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India is the world's second largest producer of coal, behind China. Critics worry that fossil fuel will be the centrepiece of the country's energy production for several decades yet, along with ...
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India Business News: KOLKATA: Coal India (CIL), the Maharatna coal company, has relaxed norms of 'minespecific coal supply' policy, which would ease availability of coal .
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NEW DELHI, March 22 (Reuters) India's coal ministry will seek a relaxation of some environmental norms to help increase the country's overall coal production, coal minister Pralhad Joshi said on ...
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Updated On Dec 18, 2022 at 07:07 PM IST New Delhi: Coal is dirty it makes up for 40 per cent of carbon dioxide emissions from fossil fuels, its mining wreaks havoc on the environment and burning it produces pollutants like mercury which are linked to acid rain and particulate matter that causes respiratory illnesses.
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400,000 coal staff, mostly in India China, to lose jobs as world shuns the dirty fuel. A new report from Global Energy Monitor predicts that the transition away from coal in the energy system will result in the loss of 100 mining jobs per day through 2035, mostly in China and India. By 2050, the global coal mining job losses are expected to ...
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The court will also decide whether norms should be relaxed. Under the new norms introduced in 2015, power plants commissioned between 2003 and 2016 which account for 65% of India's total 197 ...
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New Delhi: The coal ministry will issue a directive to Coal India ( CIL) asking it to relax its norms under the provisions of fuel supply agreements (FSAs) to facilitate coal imports for power projects. The staterun miner will supply imported coal on a costplus basis along with an administrative charge to be decided by its board of directors.
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News Business India looks to relax norms to attract global coal miners, ... a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp. ...
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The country's coal production is expected to record a "sizeable leap" in 2022 with increased output mainly from Coal India and captive mines, providing adequate firewall against any possible dry fuel shortages like the one witnessed in the latter half of this year. While coal supplies have stabilised in recent times, efforts are on to further improve the fuel dispatches and a top government ...
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In 2015, India's coalfired power plants were ordered to reduce emissions of sulfur dioxide and nitrogen oxide. Adoption of the technology to capture these pollutants has been limited, with ...
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Tags. The government on Wednesday launched the seventh round of commercial coal auctions in a bid to increase the availability of the dry fuel in the country. A total of 106 coal mines were put on ...
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The trends in coal consumption and production this year indicate that the dirty fuel is here to stay despite the nation's ambitious target of meeting 50 per cent of energy requirements from ...
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Mining major Coal India Ltd is committed to meet the elevated demand of the dry fuel from the power sector, including coastal plants dependent on imports, a company official said on Tuesday. The miner had hoped the demand would ease by December last year, but that did not happen, he said. We are committed to catering to the coal needs of the ...
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India spent over Rs lakh crore on coal imports in the past year, causing a significant outflow of foreign exchange. While the share of coal imports in total consumption has decreased from 26% to 21% in the last five years, the country still imports over 200 million tonnes of coal annually. 19 Oct, 2023, 08:23 PM IST.
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United States: Despite electricity demand increasing in the United States, coalfired generation fell by almost 8% in 2022, reversing a 15% increase in 2021. The decrease in coal output was balanced by an increase in generation from natural gas and strong growth in renewables. As a result, coal's share of total global generation remained around ...
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India has relaxed environmental compliance rules for coal mines seeking to ramp up production as power outages exacerbate a sweltering heatwave, a government notice showed. Coal makes up more than ...
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"The future of coal in India is bright.....we believe that there are technologies that are available which can help India extract coal far more sustainably, use it far more sustainably, combust it far more sustainably, and post combustion treatment to coal can reduce Co2 emissions by as much as 99 per cent," FutureCoal Board member Sunil ...
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The Insurance Regulatory and Development Authority of India (Irdai) has relaxed norms for 'surety bonds' to increase availability and expand the surety insurance market. The solvency requirement applicable for such products has been reduced to times from times and the 30% exposure limit on each contract underwritten by insurers has been removed.
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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