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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India has eased coal import targets for utilities owned by state governments and private companies, according to an internal notice reviewed by Reuters. India's power ministry has asked state governmentrun utilities and private power producers to assess the amount of coal needed to be imported for blending, according to a notice issued to ...
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A stack of coal at a wholesale market in Mumbai on May 5. Production of coal, the fossil fuel that accounts for more than 70 percent of India's electricity generation, has not kept pace with ...
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India's power generators and coal mines are being stretched to the limit to meet surging demand for power stemming from a fastgrowing economy and rapid electrification. Total electricity consumption increased by billion kilowatthours (kWh) (+12%) in January 2023 compared with January 2022, according to GridIndia's National Load Despatch Centre.
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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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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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Coal India is on track to achieve the 700 million tonnes (mt) production target for 202223. The public sector miner has produced mt in the 11 months of the ongoing fiscal, posting a growth of per cent over the corresponding previous period. Coal India produced mt in March 2022 and the same production number could take Coal ...
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Tight supply of coal to power plants and expected rise in import of the dry fuel amid high international prices will put upward pressure on electricity tariff, according to an Icra report. "Given the continued tight domestic coal supply position over the last sixmonth period, coal import dependency for the power sector is expected to increase moderately in the nearterm.
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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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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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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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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 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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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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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 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 power sector, be it domestic or those dependent on ...
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The Energy Information Administration estimates (as of October 2022) that in 2021, CO 2 emissions from burning coal for energy accounted for about 20% of total energyrelated CO 2 emissions and for nearly 60% of total CO 2 emissions from the electric power sector. In the past, fly ash was released into the air through the smokestack ...
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The government has relaxed norms for blending of imported coal by power generation companies and allowed states and independent power producers to import the fuel as per requirements.
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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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Kolkata, Nov 5 (IANS) Coal India Ltd (CIL) on Monday said it has relaxed norms governing supply of the dry fuel to small consumers, a move that would increase availability of coal for customers ...
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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...
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Coal India Ltd has relaxed the norms for "minespecific coal supply" policy, which would ease availability of the dry fuel to consumers having less than one million tonnes of requirement per annum. The move would benefit a large number of the mining major's linked small consumers, the company said.
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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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Billionaire Gautam Adani's conglomerate is benefiting from India's rush to import coal to ease a supply crunch, winning a huge majority of import orders from state power giant NTPC Ltd. New Delhibased NTPC has placed orders for 20 million tons of imported coal for the fiscal year ending March, of which almost million tons have been awarded to Adani Enterprises Ltd., according to ...
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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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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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The Indian government wants to ramp up the country's coal production and consumption. In line with this goal, the union environment ministry has now made it easier for thermal power plants to change the source of coal from imported to domestic a procedure that so far involved seeking an amendment in the environment clearance that such plants already had.
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Benchmark Asian coal spot prices recently surged to a record as buyers across the region scrambled to find alternatives to Russian supply, further tightening the fuel's availability. Meanwhile ...
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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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Yet there are perpetual shortages. Last October, India teetered on the brink of a power crisis when stocks at more than half of the country's 135 coalfired plants ran critically low, or below 25% ...
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