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SCCL Chairman and Managing Director N. Balram has been appointed to a national-level committee formed by NITI Aayog to identify and explore critical minerals across India. Headed by Dr. D.K. Singh of IIT–ISM, the committee includes leaders from major mining corporations and research institutes.
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Coal India Ltd reported a 3.5 per cent drop in coal production to 280.2 MT during April–August, down from 290.4 MT last year. Several subsidiaries registered declines, though August output rose. CIL now targets 875 MT production and 900 MT offtake in FY26
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The government projects annual coal output growth of 6-7 per cent to reach 1.5 billion tonnes by 2029-30
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Though India is endowed with the fifth largest reserves of Rare Earth Elements, its output remains minimal, making a strong case for liberalising mining restrictions and attracting private investments to reduce imports
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State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month
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It is essential that coal transportation is environment friendly to improve the quality of life of people living in the proximity of coalfield areas.
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Hyderabad: Singareni Collieries Company Limited (SCCL) has set a record for coal production in the financial year 2021-22, producing 650 lakh tonnes of coal, the highest since its inception. It also achieved a new record turnover of Rs.26,000 crore and registered significant growth on all fronts this financial year compared to last year. The SCCL, […]
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New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — extended their losses from Monday and declined sharply in early trade on Tuesday due to continued selling by foreign institutional investors amid geo-strategic tensions between Ukraine and Russia, said analysts.” “The situation remains fluid; we don’t know whether the tensions will escalate […]
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With depleting coal stocks and rising energy demand, going big on green power is the best bet
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Visakhapatnam: Noted political analyst Prof. K. Nageshwar has alleged that the Central Government, keen on privatising Coal India, was not allocating coal blocks to it. Participating in a seminar on `Coal shortage-Power crisis’ organised under the aegis of Communist Party of India (Marxist) through virtual mode here on Saturday, he said non-allocation of captive mines […]
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CIL's original sanctioned capex budget was Rs 10,000 crore for FY'21.
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Officials attributed Covid-19 disruptions as the key factor behind lower demand resulting in a stockpile building up, compelling the mining giant to moderate output.
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On a monthly basis, the production fall was sharper in February compared to January, when it reported a drop of 4.1 per cent.
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The first-of-its-kind data sharing offers Coal India Ltd (CIL) a bouquet of benefits that help it in rationalising the entire coal supply matrix through rail mode
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"CIL (Coal India) is well geared to meet any surge in demand for the dry fuel from the power sector especially on the back of close to 63 million tonnes stock at its pitheads," the PSU said.
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The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo, the Coal India official said.
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The steep growth of 190%, or an increase of 11 MT, during October, bodes well for Coal India Ltd (CIL) as it signals a strong demand resumption for coal after the Covid-led hiatus
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Fuel allocation by CIL under the scheme also increased to 3.36 MT in August, from over 0.61 MT in the corresponding month of previous fiscal
