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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 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions
ANZ, Australia’s third largest bank, has decided to s ...
Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.
In spite of being detrimental to environment ...
Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...
Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations
Wind surpassed coal as the primary power generation sourc ...
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- Coastal Gujarat Power Limited - India
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- Standard Chartered Bank - UAE
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- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
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- Leighton Contractors Pty Ltd - Australia
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- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
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- Chamber of Mines of South Africa
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- Wood Mackenzie - Singapore
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- Thiess Contractors Indonesia
- Wilmar Investment Holdings
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- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Australian Coal Association
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- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
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- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Minerals Council of Australia
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- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
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- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Coal and Oil Company - UAE
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- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
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- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
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- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
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- Global Business Power Corporation, Philippines
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- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
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- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
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- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
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- Aditya Birla Group - India
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
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- SMG Consultants - Indonesia
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