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Friday, 22 November 19
CIL TO DEVELOP 55 NEW COAL MINES IN NEXT 5 YEARS: COAL MINISTER
PTIState-owned CIL will develop 55 new coal mines and expand 193 existing ones in the next five years, Parliament was informed. The company is also undertaking portal-based monitoring of ongoing projects to ensure their timely completion.
 
“Coal India has taken… steps to boost its coal production, (including) opening of 55 greenfield projects having capacity of 92 MTPA (million tonne per annum) and expansion of 193 brownfield projects having capacity of about 310 MTPA in next five years,” Coal Minister Pralhad Joshi said in a reply to the Lok Sabha.
 
A new project on an unused land is called a greenfield project while the existing one that is modified or upgraded is called a brownfield project.
 
Besides, CIL has introduced technology “to improve its work efficiency with high capacity Heavy Earth Moving Machinery, like 42 cum Shovel and 240 T Rear Dumpers in Gevra Expansion, Dipka & Kusmunda open cast mines (and) introduction of surface miners in opencast mines to improve operational efficiency and to cater to environmental needs.”
 
During 2018-19, around 50 per cent of the opencast coal production in CIL was through surface miners.
 
Further, in order to reduce import of coal, CIL is taking up source rationalisation with part supply from higher grade coal sources.
 
More coal from various sources was offered through e-auction schemes, particularly special forward e-auction, for power consumers, not having fuel supply agreement with CIL sources.
Source: PTI


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Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...


Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower ...


Tuesday, 21 November 23
INDIAN COAL POWER PLANTS’ CAPACITY UTILISATION WILL IMPROVE TO 65% THIS FISCAL: - CRISIL
Coal-based thermal power units’ plant load factor (PLF) or capacity utilisation will improve to 65 percent in the current fiscal year despite ...


Tuesday, 14 November 23
CAPITAL PRODUCT PARTNERS L.P. ANNOUNCES TRANSFORMATIVE TRANSACTION INCLUDING THE ACQUISITION OF 11 NEWBUILD LNG CARRIERS FOR $3.1 BILLION
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Tuesday, 14 November 23
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Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon. ...


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