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Sunday, 24 January 21
GOVT ASSURES COAL INDIA OF 'FULL SUPPORT', STRESSES ON LEARNING 'NEW THINGS' - PTI
Coal Minister Pralhad Joshi assured Coal India of full government support, even as he said the PSU needs to learn “new things” for improvement in its future prospects.
The minister, who was speaking during the launch of Enterprise Resource Planning (ERP) of Coal India Ltd (CIL), said there will be full support to the company because it is the “backbone of the country”.
“But having said that the improvement is a continuous process, learning is a continuous process….let us learn new things, new ideas, new approach, and new goal. And in this, the image of coal (sector), Coal India needs to be changed. We have to change the image of Coal India,” Joshi stressed.
The ERP of CIL will help improve business performance and growth of the company with enhanced data integrity.
Stating that one and two subsidiaries of CIL were doing very good work, the minister said that other arms of the PSU should also learn from them.
“Implementation of ERP will help CIL in real-time decision making, improving efficiency and reducing costs. It will empower CIL to achieve 1 billion tonne coal production by FY 2023-24 and make it one of the most efficient mining companies in today’s dynamic and ever-changing energy scenario,” Joshi said.
Coal India accounts for over 80% of domestic coal output.
ERP in Coal India will be implemented in two phases. The first phase launched on Thursday covers operations of CIL headquarters and its two subsidiaries Western Coalfields Ltd (WCL) and Mahanadi Coalfields Ltd (MCL).
The second phase will cover rest six subsidiaries and will be made operational by August this year.
The minister also presented ‘Coal Minister’s Award’ to three coal companies of Coal India Ltd – Northern Coalfields Ltd (NCL), Central Coalfields Ltd (CCL) and WCL in a function held here.
The award has been instituted to promote best and sustainable practices for coal mining in the country.
The minister inaugurated a new Coal Handling Plant (CHP) at Krishnashila Coal Project of NCL via video conferencing. Having four million tonnes per annum (MTPA) coal handing capacity, this state of the art CHP will transport coal through conveyor belts and Rapid Loading system to Anpara Thermal Power Station (ATPS) of Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd and Renusagar Power Division of Hindalco.
CHP is part of CIL’s 35 First Mile Connectivity (FMC) projects with over 400 MTPA capacity that the company aims to complete by FY’24 with a whopping investment of ₹12,500 crore.
Coal Secretary Anil Kumar Jain, CIL Chairman Pramod Agarwal, NCL CMD P K Sinha, CCL CMD P M Prasad, WCL CMD Manoj Kumar and other dignitaries were also present during the function.
Source: PTI
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Wednesday, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
Tuesday, 23 March 21
LOWER WHOLESALE PRICES PUT PRESSURE ON AUSTRALIAN ENERGY RETAILERS - FITCH RATINGS
Fitch Ratings expects the low wholesale energy prices in the Australian National Energy Market to persist through to 2022, which will affect electr ...
Tuesday, 23 March 21
SCRUBBER-FITTED SHIPS NEARLY DOUBLE AS FUEL SPREAD SETTLES AT $118 PER MT - PETER SAND
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be c ...
Tuesday, 23 March 21
CHINA'S COAL OUTPUT EDGES UP IN FIRST TWO MONTHS - XINHUA
China’s raw coal output rose 25 percent year on year to 620 million tonnes in the first two months of 2021, official data showed.
...
Wednesday, 17 March 21
MARKET INSIGHT - INTERMODAL
Shipping market players are familiar with the inverse correlation between the freight market and demolition activity i.e. when the market picks up ...
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- Electricity Authority, New Zealand
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- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
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- Star Paper Mills Limited - India
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- SMC Global Power, Philippines
- Australian Coal Association
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- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
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- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
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- India Bulls Power Limited - India
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- The University of Queensland
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- Anglo American - United Kingdom
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- White Energy Company Limited
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- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
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- Georgia Ports Authority, United States
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- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- GMR Energy Limited - India
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- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
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- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
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- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
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- Eastern Coal Council - USA
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- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
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- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
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- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
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- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
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- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
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- Chamber of Mines of South Africa
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- Independent Power Producers Association of India
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
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- Singapore Mercantile Exchange
- Mjunction Services Limited - India
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- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
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- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
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- Pendopo Energi Batubara - Indonesia
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- Bhatia International Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- PNOC Exploration Corporation - Philippines
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