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13.80% Compounded Annual Growth rate of revenue from Coal Mining during 2014-2023

Coal mining sector has proved to be a big booster for economic growth of the coal producing States in the Country. State Governments are entitled to receive 14% of Royalty on sale price of coal, DMF @30% of royalty, 2 % of NMET from the coal produced by the coal companies and also the private sector. In case of captive/ ...

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Coal India Limited Signs MoU with Indian Institute of Managements (IIM) to boost PM’s mission Gati Shakti

The Coal India Limited entered into a Memorandum of Understanding (MoU) with Indian Institute of Managements (IIM) Mumbai and Sambalpur, today, i.e., 1st March, 2024, marking a crucial step in multimodal connectivity infrastructure for coal transportation in alignment with the PM Gati Shakti National Master Plan 2021.   The collaboration, through a Memorandum of Understanding (MoU) signed between the two ...

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NTPC gets recognition for its effective water management; climbs up two levels in Carbon Disclosure Project Water Security Rating

NTPC’s Environmental, Social, and Governance (ESG) Score has ascended by two levels, transitioning from a ‘D’ rating in 2022 to a ‘C’ rating in 2023, in the Carbon Disclosure Project (CDP) Water Security Rating. This achievement serves as a testament to NTPC’s unwavering commitment to environmental stewardship and sustainable practices, with a specific emphasis on water management. NTPC’s efforts to enhance ...

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Coal PSUs Achieve 95.83% of Annual CAPEX Target as on January, 2024

Coal PSUs under the administrative control of The Ministry of Coal has been at the forefront of doing CAPEX to assist and contribute in transforming Indian economy. Over the past few years, Coal CPSEs has been over achieving the CAPEX Target. In FY 21-22, CIL & NLCIL had achieved 104.88% & 123.33% respectively of their target. Similar performance was repeated ...

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Coal Sector Achieves Impressive 10.6 % Growth in December Among Eight Core Industries

The coal sector has showcased highest growth of 10.6 % (provisional) among the eight core industries for the month of December 2023 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries. The index of coal industry has reached 204.0 points during Dec’23 as compared to 184.4 points during the same ...

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South Eastern Coalfields Ltd Plans to Develop Solar Power Projects of 600 MW

South Eastern Coalfields Ltd (SECL), one of the largest coal-producing subsidiaries of Coal India Ltd, will be developing rooftop and ground mounted solar power projects of 600 MW capacity in the coming years as part of the company’s strategy to expand and diversify its business and achieve the “Net Zero Energy” goal. The strategy is in line with the larger ...

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Mahanadi Coalfields Ltd introduces VIHANGAM Drone Technology and Latest Safety Equipment

Mahanadi Coalfields Ltd (MCL), the premier CPSE under the Ministry of Coal has introduced drone technology in coal mines by launching a web- based portal VIHANGAM along with a drone and ground control system. The portal allows an authorised person to access real time drone video from the mine through a dedicated 40 Mbps internet lease line near the mines. There is ...

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28 Coal Mines Produce More than 100%

India’s overall coal production increased by 12.94% to 89.96 Million Ton (MT) from 79.65 MT during Jan’23 as compared to Jan’22. As per the provisional data of the Ministry of Coal, during Jan’23 Coal India Ltd (CIL) registered a growth of 11.44%, whereas SCCL and captive mines/others registered a growth of 13.93% and 22.89% respectively. Of the top 37 coal ...

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Opening of Technical Bids for Auction of Coal Mines Under Commercial Mining

The auction process of 141 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on November 03, 2022. The last date of submission of Technical Bid for all the coal was January 30, 2023. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today (January ...

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Coal India Imports 3.58 Lakh Ton Coal from Indonesia

Approximately 3.58 lakh tonne of coal has been imported by Coal India Limited (CIL) from Indonesia through the vendor namely M/s GHV-BDE-DIL (JV) during this year on behalf of Thermal Power Plants (TPPs) of State GENCOs and Independent Power Plant (IPPs). Orders for supply of imported coal were placed by CIL based on the ‘Firm Orders’ and the advance payment ...

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