India stocking up coal for high power demand, aims 50 mn tn inventory at plants by April
1 week, 3 days ago

India stocking up coal for high power demand, aims 50 mn tn inventory at plants by April

Live Mint  

New Delhi: Amid growing power demand, the Union coal ministry plans to stock up on coal with a higher opening stock of about 50 million tonnes at thermal power plants by April 2026, said two people in the know of the developments. Currently, the stock of coal domestic coal based thermal power plants stands at 37.61 million tonnes. The ministry's efforts to increase inventory and remain prepared for a likely higher demand comes in the backdrop of the crisis-like situations experience in FY22, when stocks of domestic coal were not adequate to meet the post-Covid pent-up power demand and power plants were reluctant to purchase imported coal at high prices. The Parliament's standing committee on coal, mines and steel also noted that in FY22 the coal stock at thermal power plants fell to a low of 7.2 million tonnes, enough for only four days of coal requirements.

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History of this topic

Coal India's production rises over 2 pc in Apr-Nov
3 weeks ago

Coal India's production rises over 2 pc in Apr-Nov

Deccan Chronicle  

New Delhi: State-owned CIL's coal production rose by 2.4 per cent to 471 million tonnes in the April-November period of the current financial year. The company's production also rose by 1.7 per cent to 67.2 MT in November against 66 MT in the corresponding month a year ago, CIL said in a regulatory filing to BSE. Coal offtake by CIL, …

India can reduce $2 billion import of coking coal per annum: Niti Aayog
3 weeks, 2 days ago

India can reduce $2 billion import of coking coal per annum: Niti Aayog

Deccan Chronicle  

Chennai: Integrated Steel Plants imported 58 million tonnes of coking coal at a cost of approximately Rs. 1.5 lakh crore in FY24 despite holding proven geological resources of 21.63 billion tonnes of prime and medium coking coal, finds Niti Aayog. As of April 2023, India’s proved geological resources of prime coking coal were estimated to be 5.13 billion tonnes and …

India’s coal imports rise to 90.5 MT amid surge in power demand
2 months, 4 weeks ago

India’s coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

India's coal imports rise to 90.5 MT amid surge in power demand
2 months, 4 weeks ago

India's coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

Coal to have significant place in India’s diversified energy basket: Eco Survey
5 months ago

Coal to have significant place in India’s diversified energy basket: Eco Survey

Hindustan Times  

India will target a diversified set of sources for energy security with a significant place for thermal power, including coal to provide base load, to minimise risks associated with systems while pursuing low-emission pathways in line with national commitments, said the 2023-24 Economic Survey Union finance minister Nirmala Sitharaman tabled in Parliament on Monday. “This will also include a significant …

India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say
5 months, 2 weeks ago

India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say

Hindustan Times  

By Sarita Chaganti Singh India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say NEW DELHI - India has asked power companies to order equipment worth $33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian nation struggles to meet booming electricity …

India's coal dependence for power to be highest in nine years as heatwaves intensify
6 months ago

India's coal dependence for power to be highest in nine years as heatwaves intensify

Hindustan Times  

India will use more coal for generating electricity this year than it has in almost a decade, to cope with surging electricity demand, Bloomberg reported. Representational The country expects to add 15.4 gigawatts in the financial year 2024-25, the most in nine years, people familiar with the matter told Bloomberg. Coal still generates about three-quarters of India’s electricity, and the …

Scorching heat drives India's gas-fired power use to multi-year highs in May
6 months, 2 weeks ago

Scorching heat drives India's gas-fired power use to multi-year highs in May

Hindustan Times  

By Sudarshan Varadhan and Sarita Chaganti Singh Scorching heat drives India's gas-fired power use to multi-year highs in May NEW DELHI - Sweltering heat and policy measures are fuelling a surge in the use of gas-fired power in India, with imports of liquefied natural gas forecast to rise sharply over the next two years, industry officials and experts say. An …

Coal ministry sets ambitious production target of 1080 million tonnes for FY 2024-25
7 months ago

Coal ministry sets ambitious production target of 1080 million tonnes for FY 2024-25

New Indian Express  

NEW DELHI: The Coal Ministry has set an ambitious target of producing 1,080 million tonnes of coal during the financial year 2024-25. The ministry, in a press note, said this target builds on the strong foundation laid in the previous two years, where coal production witnessed a compounded annual growth rate of over 13%. Coal India Limited, the state-owned mining …

Power tariffs up in April as summer sets in
7 months, 2 weeks ago

Power tariffs up in April as summer sets in

Deccan Chronicle  

Chennai: The average power tariffs in the day-ahead market of the Indian Energy Exchange rose to Rs 5.1 per unit in April 2024, up from Rs 3.9 per unit in March 2024 as the demand increased with the summer heat. The rise in prices can be attributed to demand growth which remained healthy at 9.4 per cent on a year-on-year …

India’s record coal output tad shy of 1 billion tonne target
8 months, 3 weeks ago

India’s record coal output tad shy of 1 billion tonne target

Live Mint  

India's coal production touched a new high of 997.4 million tonnes in fiscal year 2024, marking an 11.67% increase from the previous year, but falling short of the 1-billion-tonne target, the coal ministry said in a statement on Monday. Mahanadi Coalfields in Odisha became the first Indian coal producer to exceed 200 million tonnes in output, with a production of …

Understanding India’s coal imports
8 months, 3 weeks ago

Understanding India’s coal imports

The Hindu  

The spectre of electricity shortages rises again as hot weather descends across the country. A recent Ministry of Power advisory corroborates this, saying “supplies of domestic coal will remain constrained due to various logistical issues associated with railway network”. It is convenient, as some might say, for such advisories to be interpreted as mandates by many coal-based generators since the …

Coal stocks at comfortable level to meet peak summer demand, says official
9 months ago

Coal stocks at comfortable level to meet peak summer demand, says official

New Indian Express  

NEW DELHI: The country’s coal stocks are at comfortable levels to meet the demand during the peak summer season, said a senior official from the coal ministry. Additionally, the National Power Portal reports that coal stocks at power plants with capacities exceeding 189 GW stood at 45.48 MT as of March 16. “Even though power demand is likely to increase, …

Power generation up 6%, coal power 10% up
9 months, 3 weeks ago

Power generation up 6%, coal power 10% up

Deccan Chronicle  

Chennai: Power generation rose 6 per cent in the first 10 months of the current fiscal. From April to January 2024, power generation grew 6.60 per cent compared to the corresponding period in the previous year, a government release said without mentioning the volumes. The electricity generation target for the year 2023-24 has been fixed as 1750 billion units Coal-based …

Coal power generation up 10.13% during April to December 2023
11 months ago

Coal power generation up 10.13% during April to December 2023

New Indian Express  

NEW DELHI: The country’s coal-fired power generation showed significant growth of nearly 10.13% from April to December 2023 compared to the corresponding period of the previous year. As per the coal ministry, the domestic coal-based power generation from April to December 2023 rose by 7.14% to 872 billion units, up from 813.9 BU generated in the corresponding period last year. …

Government targets 186.6 MT of commercial coal production in FY25
11 months, 2 weeks ago

Government targets 186.6 MT of commercial coal production in FY25

Live Mint  

New Delhi: The union ministry of coal has announced the target of 186.63 million tonnes of production from captive and commercial coal mines during FY25. It said six mines with a cumulative peak rated capacity of 14.87 million tonnes have already begun production within three-and-a-half years of the start of the commercial coal mines auction in 2020. The ministry added …

Why Centre may review policy mandating gencos to blend 6% imported coal
1 year ago

Why Centre may review policy mandating gencos to blend 6% imported coal

Live Mint  

New Delhi: The power ministry is set to review its policy of mandating power generation companies to blend 6% imported coal amid a steady rise in power demand and shortage of domestic coal. Following a demand surge and a resultant crisis in September-October 2022, the government directed all power generation companies to blend 6% imported coal, a temporary measure extended …

Coal isn’t easy to exclude from sustainable development | Explained
1 year, 1 month ago

Coal isn’t easy to exclude from sustainable development | Explained

The Hindu  

The world is highly dependent on fossil fuels, which produce 80% of the total energy supplied. According to Central Electricity Authority projections for FY 2031-2032, India’s national grid can absorb 924 TWh of electricity from various renewable energy sources by progressively adding 47 GW of battery storage capacity and 27 GW of pumped storage projects by FY 32. To balance …

Coal India board meeting on Nov 10 to consider dividend, Q2 results
1 year, 2 months ago

Coal India board meeting on Nov 10 to consider dividend, Q2 results

Live Mint  

Coal India Limited, the largest government-owned-coal-producer in the world, will hold a meeting of the board of directors of the company on November 10, 2023 to consider, approve and take on record Audited Financial Results of the company for the second quarter and half year ended September 30, 2023 after the results are reviewed by the audit committee of the …

'Sufficient coal stock available to meet demand of power plants during monsoon'
1 year, 4 months ago

'Sufficient coal stock available to meet demand of power plants during monsoon'

India TV News  

Power Minister RK Singh will hold a meeting on August 22 to review the availability of coal for thermal power plants, especially in view of the ongoing monsoon season, even as coal ministry has said that 77 million tonnes of dry fuel is currently available, which is more than sufficient to meet the requirement of power sector, highly placed sources …

Nine states witness increased coal production during 2022-23: Pralhad Joshi
1 year, 4 months ago

Nine states witness increased coal production during 2022-23: Pralhad Joshi

Live Mint  

New Delhi: India reported a significant increase in coal production in the 2022-23 fiscal year, with nine states witnessing substantial growth in their mining activities, according to a written statement from Pralhad Joshi, Union Minister for Coal, Mines, and Parliamentary Affairs, to the Rajya Sabha. The states of Assam, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Telangana, Uttar Pradesh, and West …

India coal production rises 8.55% to record 223.36 million tonne in Q1FY24
1 year, 5 months ago

India coal production rises 8.55% to record 223.36 million tonne in Q1FY24

Live Mint  

New Delhi: India’s coal production grew 8.55% year-on-year to 223.36 million tonne during the June ended quarter of fiscal 2023-24, the ministry of coal said in a statement on Friday. “India’s coal sector achieved a remarkable milestone in the first quarter of FY 2023-24, by recording highest ever coal production at 223.36 million tonne, representing a substantial growth of 8.55% …

Coal India June quarter production jumps 10% YoY to 175.5 MT
1 year, 5 months ago

Coal India June quarter production jumps 10% YoY to 175.5 MT

Live Mint  

Coal India Ltd, the world’s largest coal producer, mined a total of 175.5 million tonne of coal during the first quarter of fiscal 2023-24, registering a growth of nearly 10% as compared to the same period last year. Meanwhile, the subsidiaries of Coal India such as Bharat Coking Coal Ltd, South-Eastern Coalfields, Eastern Coalfields, Western Coalfields and Central Coalfields registered …

Government to sell 92.44 lakh shares of Coal India to eligible employees via OFS
1 year, 6 months ago

Government to sell 92.44 lakh shares of Coal India to eligible employees via OFS

Live Mint  

The Government of India will sell 92.44 lakh shares, or 0.15% equity stake, in BSE to eligible employees at ₹226.10 apiece via offer for sale The employee OFS shall remain open from June 21 to June 23, 2023, the company said. “.Government of India, on May 31, 2023, the Seller is proposing to offer up to 92,44,092 equity shares of …

Power Ministry asks imported coal-based plants to run at full capacity till September 30
1 year, 6 months ago

Power Ministry asks imported coal-based plants to run at full capacity till September 30

The Hindu  

The Ministry of Power on June 12 extended the time period of its direction to all thermal plants using imported coal to operate at full capacity by three-and-a-half months till September 30 to avoid electricity shortage amid rising demand in the country. A Power Ministry notice, shot off on June 12 to 15 imported coal-based thermal power projects, stated: “It …

Coal Production Rises 8.5 Per Cent To 73 MT In April, Despatch Up 11.66 Per Cent: Coal Ministry
1 year, 7 months ago

Coal Production Rises 8.5 Per Cent To 73 MT In April, Despatch Up 11.66 Per Cent: Coal Ministry

ABP News  

India's coal production increased by 8.5 per cent during April 2023, reaching 73.14 million tonnes, as per data from the Ministry of Coal, reported PTI. Coal ministry data showed that India achieved 94.89 per cent of its targeted coal production for April 2023, which stood at 77.08 MT, the report further said. Against the 82.26 MT target for April 2023, …

Business Matters | Why is the rising cost of coal-fired power plants good news for India?
1 year, 7 months ago

Business Matters | Why is the rising cost of coal-fired power plants good news for India?

The Hindu  

Why is the rising cost of coal-fired power plants good news for India? It said that achieving net zero – which India aims to reach by 2070 – will require adjustments to how people live, work, and move around—and some of these changes will be costly. First, India expects to increase investments in coal-fired power plants to help power economic …

India Says 50 Lakh People Directly Dependent on Coal Mining; Will Press for 'Just Energy Transition' at G20
1 year, 7 months ago

India Says 50 Lakh People Directly Dependent on Coal Mining; Will Press for 'Just Energy Transition' at G20

News 18  

India will press for a ”just energy transition” at the G-20 parleys, a top government official said on Monday, pointing out that 50 lakh people are directly dependent on coal mining. ”As per our estimation, about 50 lakh people are engaged directly or indirectly in coal mining activities, especially in eastern Indian states. The country needs coal to help achieve …

'Harnessing 10% of coal bed methane reserves can cut India's energy import bill by USD 2 billion'
1 year, 7 months ago

'Harnessing 10% of coal bed methane reserves can cut India's energy import bill by USD 2 billion'

Firstpost  

If India harnesses 10 per cent of the coal bed methane reserves of 2,600 billion cubic meters, it can cut its energy imports bill by USD 2 billion, according to experts. As per the experts, the industry’s collective efforts in utilising Coal Bed Methane can help the country save over USD 2 billion on imports bill in near future. Therefore, …

Coal India Q4 preview: Revenue growth, PAT, wage hike impact, key factors here
1 year, 7 months ago

Coal India Q4 preview: Revenue growth, PAT, wage hike impact, key factors here

Live Mint  

Leading government-backed coal producer, Coal India is set to announce its fourth-quarter earnings for FY23 on Sunday. In its preview note, ICICI Direct said, "For Q4FY23E, Coal India reported coal offtake of 187 million tonne, up 4% YoY. Meanwhile, Axis Securities in its preview note on Coal India, said, "Revenue to increase YoY/QoQ led by higher coal dispatch partially offset …

India's coal production rises 15% to 893 million tonnes in 2022-23
1 year, 7 months ago

India's coal production rises 15% to 893 million tonnes in 2022-23

India TV News  

India's overall coal production stood at 893.08 million tonnes in 2022-23 as compared to 778.19 in 2021-22, showing a growth of 14.78 percent. In the last five years, the output of Coal India Limited has increased by 703.21 million tonnes as compared to 606.89 million tonnes in 2018-2019 with a growth of 15.9 percent, official data said. Singareni Collieries Company …

Centre aims 1 bn tonne coal production in FY24 under Action Plan
1 year, 7 months ago

Centre aims 1 bn tonne coal production in FY24 under Action Plan

Firstpost  

The Ministry of Coal has set an ambitious target of 1 billion tonne coal production during 2023-24 under its ‘Action Plan’ for the sector and a capex target of Rs 21,030 crore for its PSUs. The coal ministry said it has conceptualized the Action Plan for FY24 with the goal of achieving Aatmanirbhar Bharat by enhancing the production, efficiency, sustainability, …

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future
1 year, 9 months ago

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future

The Hindu  

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports. Increased output The reality is that India has successfully increased domestic coal output, with official government figures released last week showing production in the first 10 months of …

India to boost coal imports this year to cope with harsh weather, freight snags: Report
1 year, 11 months ago

India to boost coal imports this year to cope with harsh weather, freight snags: Report

Hindustan Times  

India's power utilities will likely boost coal imports this year to cope with surges in demand, made worse over the past year by extreme temperatures, and with freight bottlenecks that are disrupting domestic coal supplies, analysts and officials said. Coal imports by Indian utilities more than doubled to 42 million tonnes during the first eight months of this fiscal year …

India expects utilities' annual coal demand to surge about 8% after renewables shortfall
1 year, 11 months ago

India expects utilities' annual coal demand to surge about 8% after renewables shortfall

The Hindu  

India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024, according to a senior government official and a Power Ministry presentation, after the country missed its 2022 renewable-energy goal by more than 30%. India expects utilities' coal demand to reach 821 million tonnes in 2023-24, according to the presentation. India is expected …

India asks utilities to import 6% of their coal for nine months
1 year, 11 months ago

India asks utilities to import 6% of their coal for nine months

Live Mint  

India's power ministry has asked utilities to import 6% of their coal requirement until September, according to a letter seen by Reuters, warning that domestic supplies could be curtailed if import targets are not met. Estimated domestic coal supply of 392 million tonnes during the six months to the end of September is expected to fall short of demand by …

Promoting efficiency in power generation in India
2 years ago

Promoting efficiency in power generation in India

Hindustan Times  

India is experiencing a surge in power demand owing to an expanding economy. In the short term, however, focus should be on making coal-based plants work efficiently; power plants working on imported coal in India are crucial in this regard. This brief analyses the problems hindering the optimum operation of power plants working on imported coal. The continuous increase in …

Parliament proceedings | India's coal production to touch 1 billion tonnes next fiscal: Centre
2 years ago

Parliament proceedings | India's coal production to touch 1 billion tonnes next fiscal: Centre

The Hindu  

India's coal production will touch one billion tonnes in the next financial year from 900 million tonnes this fiscal ending March, as the country gears up to stop the import of thermal coal by 2024-25, Union Coal Minister Pralhad Joshi informed Parliament on Monday. Replying to queries in the Rajya Sabha during the Question Hour, the Coal Minister said India's …

India’s power units binge on coal, outpace Asia
2 years, 1 month ago

India’s power units binge on coal, outpace Asia

The Hindu  

India's coal-fired power output has increased much faster than any other country in the Asia Pacific since Russia's invasion of Ukraine, underscoring the challenges the world's third-largest greenhouse gas emitter faces in weaning its economy off of carbon. India's coal-fired power output increased more than 10% year-on-year from March to October to 757.82 terawatt hours, an analysis of government data …

Supply constraints dented coal-biomass mixing, says Union Power Minister
2 years, 2 months ago

Supply constraints dented coal-biomass mixing, says Union Power Minister

The Hindu  

India’s thermal power plant operators were unable to comply with norms that required them to mix coal with a certain proportion of biomass because of inadequate supply chains, said Union Power Minister R.K. Singh on Thursday. The end product is called ‘bio-coal.’ As The Hindu had reported, in 2020-21, only eight power plants had co-fired biomass pellets, and this number …

India's coal production rises 12% in September
2 years, 2 months ago

India's coal production rises 12% in September

The Hindu  

The country's coal output rose a 12% to 57.93 million tonnes in September. "During September 2022, CIL, Singareni Collieries Company Ltd and captive mines/others registered a growth of 12.35%, 8.43% and 12.37% by producing 45.67 MT, 4.93 MT and 7.33 MT, respectively," as per the provisional statistics of the Coal Ministry. The dispatch of coal also went up marginally by …

With comfortable coal stocks, no power crisis this festive season, officials say
2 years, 2 months ago

With comfortable coal stocks, no power crisis this festive season, officials say

The Hindu  

India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired power stations across the country have comfortable levels of the fuel stock to meet electricity demand of the world's fastest expanding major economy. The revised norms mandated the coal stock of 17 days at pit head stations and 26 days at non-pit head …

India narrows thermal coal imports gap with top buyer China
2 years, 3 months ago

India narrows thermal coal imports gap with top buyer China

Live Mint  

India is fast catching up with China in its thermal coal imports, as the world's two biggest overseas buyers of the power generation fuel adjust purchases to align them with the varying trajectories of their economic growth. India's thermal coal imports are expected to rise 7% on year to 158 million in 2022, and a further 3% to 163 million …

Govt Plans To Import 76 Million Tonne Coal To Avoid Shortage In 2022-23: Report
2 years, 5 months ago

Govt Plans To Import 76 Million Tonne Coal To Avoid Shortage In 2022-23: Report

News 18  

To meet the coal shortage at power plants in 2022-23, the government has firmed up a plan to import around 76 million tonnes of the dry fuel during the current financial year. State-owned Coal India Ltd will import 15 mt, India’s largest power producer NTPC Ltd and Damodar Valley Corporation will import 23 mt, according to a media report. State …

India to import 76 mt coal; will spark power tariff hike
2 years, 5 months ago

India to import 76 mt coal; will spark power tariff hike

Live Mint  

India has firmed up a plan to import around 76 million tonnes of coal to help plug a fossil fuel shortfall at its power plants in the current financial year. With the monsoon expected to affect India’s coal production and supplies to power plants in August and September, state-run Coal India Ltd will import 15 mt to supply to power …

Data | Coal demand-supply mismatch, rising prices and mounting debts plague thermal power generators
2 years, 5 months ago

Data | Coal demand-supply mismatch, rising prices and mounting debts plague thermal power generators

The Hindu  

On June 10, India’s power demand touched a record high of 211 GW even as the coal shortage continued with coal stocks available only for eight days. As chart 2 shows, the coal imported by power plants declined to 27 MT in FY22 from 66.06 MT in FY17. Perennial bottlenecks The use of imported coal will also push up the …

India's domestic coal production goes up by 28% as of 16 June
2 years, 6 months ago

India's domestic coal production goes up by 28% as of 16 June

Firstpost  

During the monsoons, despite having high coal stock at mine ends, the coal companies face problems in transporting coal to the sidings due to flooding of mines and the wet coal jamming the Coal Handling Plants conveyor systems New Delhi: After a record-breaking coal production of 777 million tonnes in 2021-22, domestic coal production continues to witness an increasing trend …

Government to stock 40 million tonne coal at power plants, says Power Minister R. K. Singh
2 years, 6 months ago

Government to stock 40 million tonne coal at power plants, says Power Minister R. K. Singh

The Hindu  

The government is gearing up to increase the stock of coal at power plants to 40 million tonne during the monsoon season, Union Power Minister R. K. Singh said. Speaking to PTI, the Minister said right now, there are reserves of about 22.9 MT at the power plants. However, because of imports, it has gone up to about 22.9 mt …

India’s coal import may drop 11% to 186 MT in FY’23
2 years, 6 months ago

India’s coal import may drop 11% to 186 MT in FY’23

The Hindu  

India's coal import is likely to decline by 11.4% to 186 million tonnes in the current financial year, even as the state-owned firm has issued import tenders to source the dry fuel from overseas. Coal India Ltd., which accounts for more than 80% of domestic coal output, last week issued tenders to import coal in a bid to build up …

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