Coal India Limited (CIL) will produce 710 million tonnes (MT) of coal and company’s coal offtake target will also remain at 710 MT for this fiscal. Union Minister of Coal and Mines Shri Pralhad Joshi set these targets for the state-run company while reviewing its performance through video conference on 22nd April 2020. “The demand of coal will pick up again ...
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Coal stocks at power plants increase by 77% to 34.25 MT: Pralhad Joshi
Coal stocks at power plants peaked to 34.25 million tonnes on January 26, equivalent to 19 days’ consumption, and up by 77% as against 19.36 million tonnes, equivalent to 12 days’ consumption at the same time last year. “Thrust has been also given to augment coal supplies to non-power sector by holding regular auction for coal linkages where the consumers ...
Read More »Ministry of Coal Releases Discussion Paper on Auction of Coal Mines for Sale of Coal
Moving ahead after the recent amendments MMDR Act 1957 and the CMSP Act 2015,the Ministry of Coal is initiating the process for auction of coal mines for sale of coal.Expected to be held in multiple tranches, the first tranche is proposed to be launched in the current financial year. The Union Ministerfor Coal and Mines ShriPralhad Joshi said that this ...
Read More »New Guidelines and Simplified Approval Process for Coal Projects; to Enhance Ease of Doing Business
In sync with the Government’s commitment for ‘Ease of doing business’, theMinistry of Coalhas decided to simplify the process of clearance for Coal Mining Projects. This will not only expedite operationalisation of already allotted coal blocks, but also encourage prospective investors/bidders in future auctions. The Ministry of Coal has re-engineeredthe Mining Plan preparation and approval process. This is likely to ...
Read More »Allocation of 5 Coal Mines Approved
The Ministry of Coal, after a long gap of 4 years, has approved the allocation of five Coal Mines. This was the result of the electronic auction conducted by Ministry of Coal in first week of November 2019. The Ministry had initiated the auction processes for 27 coal mines for Non-Regulated sectors previously. The details of the five Coal Mines ...
Read More »Government mops up Rs. 203221 crore revenue from Coal India Limited since FY 2013-14: Shri Pralhad Joshi
The Government has collected Rs. 203221.12 crore in revenue from Coal India Limited (CIL) in the last six years beginning from financial year 2013-14 up to the last fiscal 2018-19, Union Coal Minister Shri Pralhad Joshi informed the Parliament . Of the total revenue received, the maximum of Rs. 44826.43 crore was mopped up in 2018-19. In 2017-18, the revenue ...
Read More »Exploration of 37 and drilling of 121 non-CIL coal blocks this year; Country to produce810 MT of coal in FY 20 : Shri Pralhad Joshi
The government has planned exploration of 37 coal blocks and 10 lignite blocks along with drilling of 121 coal blocks and one lignite block in the current fiscal in addition to exploration and drilling of coal blocks allocated to state-run Coal India Limited (CIL) informed the Coal Minister Shri Pralhad Joshi to the Parliament on Monday. “Exploration of Non-Coal India ...
Read More »Coal Minister announces 300% increase in Ex-Gratia for fatal Coal Mine Accidents
The Minister of Coal and Mines, Shri Pralhad Joshi announced 300 per cent hike in ex-gratia amount from Rs 5 lakhs to Rs 15 lakhs, for fatal coal mines accidents. Addressing the coal miners today at Mahanadi Coalfields Limited (MCL) in Odisha, he said that this welfare measure will cover over 3.5 lakh families of miners working under Coal India ...
Read More »Interdisciplinary Centre for Energy Research dedicated to the Nation
Union Minister of Science & Technology, Dr. Harsh Vardhan, today inaugurated the National Centre for Clean Coal Research and Development at Indian Institute of Science (IISc)-Bengaluru. Government of India through Department of Science & Technology, has set up the National Centre for Clean Coal Research and Development (NCCCR&D) as a national level consortium on clean coal R&D, led by the Indian ...
Read More »Coal Production during April-February 2018-19
The coal production during April-February 2018-19 was 638.46 MT as compared to 591.42 MT during corresponding period of previous year with a growth rate of 8.0% on y-o-y basis. Coal India Limited (CIL) coal production target was fixed 610.00 MT for 2018-19. The coal production during April-February 2018-19 was 527.70 MT as compared to 495.08 MT during corresponding period of previous ...
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