Indian Railways' coal handling down 7.6% in FY21
Railways during FY21 transported 542 mt of coal, down by 7.6% from 587 mt handled during FY20. Revenue from coal were down by 20% to ₹50,596.25 crore during FY21.
NLC India produces 1mt of coal in 1st year of operation
In its first year of coal mining from its Talabira mines in Odisha, NLC India has been able to cross the target set for the maiden year at 0.937 million tons by actually excavating 1.013 million tons in FY21.
Traffic handled by major ports down 4.6% in FY21
The 12 major Indian ports handled 673 mt of total traffic during FY21, lower by 4.59% from 705 mt recorded for FY20, according to data released by IPA.
“BIG OPPORTUNITIES AHEAD FOR CONSTRUCTION, MINING EQUIPMENT BIZ”
Commercial coal mining will bring capital investments of ₹33,000 crores in the next five years which will boost the size of the mining equipment biz to around ₹21,900 crores by 2025 with highest investment likely in dumpers, followed by crushing, pulverizing and sizing equipment, Sandeep Mathur, Brand Leader, Case India, told Ritwik Sinha of Coal Insights. The company has been attached to a number of government projects like Sagarmala, Bharatmala, Pradhan Mantri gram Sadak Yojna and Trilateral Highway (India-Myanmar-Thailandhighway).
India coal demand to rise by 9% in 2021: IEA
Global supplies may touch 2014 peak
CIL should speed up coking coal, coal gasification projects
With nearly 100 coal mines going for commercial mining, Coal India will face its biggest challenge from the private sector, especially in thermal coal as commercial mining would mostly be for coal meant for power plants.
NTPC records highest ever generation in FY21
“Due to its unique location as well as sound electricity infrastructure, India must lead in energy cooperation and development of market in the South Asia, regional transmission infrastructure development as well as facilitate efficient utilization of the energy resources for the cross-border entities. Nepal is the first country to avail the benefit of buying day ahead power from power exchange through NVVN.” Mohit Bhargava,CEO, NTPC Vidyut Vyapar Nigam Ltd.
Power capacity addition at 1,450 MW in February
Power generation capacity addition in February 2021 stood at 1,450 megawatts (MW), according to data released by the Central Electricity Authority (CEA). The target for the month was 250 MW. In February 2020, 300 MW was added.
Coal India capex doubles at ₹13,115 crore in FY21
Coal India Ltd (CIL) more than doubled its capital expenditure to a record high of ₹13,115 crore in FY21, compared to the previous year.
Can Covid resurge sap the coal story?
The return of the Covid pandemic in a mutated and deadlier form is testing the resilience of the recovery of Indian economy which has just started to gather steam.
“WE SUPPORT THE #VOCALFORLOCAL INITIATIVE FROM THE INDIAN GOVERNMENT”
Atlas Copco has been playing an essential role in the coal mining sector in India with its range of portable air compressor segment, tailor-made for specialised applications like water well drilling, foundation drilling, coal mining and blast-hole drilling. Its light towers for ground lighting applications are also helping coal mines with night time mining operations. Tony Van Herbruggen, GM, Power Technique, Atlas Copco tells Ritwik Sinha of Coal Insights how the company is looking at opportunities in the coal mining sector in India.
FY21 power capacity addition lowest in 12 years
Capacity addition to conventional as well as renewable power generation slowed in FY21 significantly with only 9.7 GW of new generation capacity being added during April–February of FY21, the lowest annualised addition in twelve years, a report by Care Ratings has said.
India gets new Central power utility
Powergrid converted into transmission licensee
“Solar tariff below ₹2 is not viable. Rates will settle in the next 6-8 months”
Dr Santi Pada Gon Chaudhuri is considered to be a pioneer and an expert in solar energy. With over 35 years of experience in the field of Renewable Energy, Dr Chaudhuri is a specialist in photovoltaic system engineering and design and has executed a large number of solar PV projects around India and abroad including designing and setting up India’s first off-grid solar power plant with mini grid. In 2016, he founded the International Solar Innovation Council that aims to catalyze global innovations for global population. He is currently associated with a number of projects and advises the private sector in executing their renewable energy strategy. Sumit Maitra of Coal Insights spoke to him on issues facing the sector.
SCCL's coal production down 24% till February
Coal production by Singareni Collieries Company Ltd (SCCL) during April-February of FY21 stood at 44.20 million tons (mt), 23.95 percent lower than 58.12 mt achieved during the same period of FY20, according to (provisional) data released by the company.
Renewable Energy: Finding its place under the Sun
As part of the global community aware of its responsibility towards a cleaner climate and sticking to commitments on emission reduction, India has laid a strong emphasis on renewable energy generation with the target of achieving 175 GW of installed capacity by 2022 and 450 GW by 2030 wherein solar power will have the lion's share.
Power capacity addition at 810 MW in January
Power generation capacity addition in January 2021 stood at 810 megawatts (MW), according to data released by the Central Electricity Authority (CEA).
Coal block auction 2nd tranche launched
The Coal ministry launched the 2nd tranche of auction for commercial coal mining offering 67 mines for sale of coal on March 25. The technical bids would be opened on May 28 and auction would be held on June 28.
Anglo American to demerge, list thermal coal biz
Anglo American Plc is progressing on its exit from its remaining thermal coal operations in South Africa, likely via a demerger, the company has said in its recently published annual report for 2020.
China To Cap Coal Output At 4.1 Bt A Year By 2025
China’s annual coal output will be capped at 4.1 billion tons (bt) by 2025, after it climbed 1.4 percent year-on-year to 3.9 bt in 2020, said a report issued by the China National Coal Association.
“Coal India can elevate production to mandated levels if demand is conducive”
Coal India Ltd. has its work cut out to expand its production capacity by opening new mines and leveraging ‘digital technology’ to enhance performance from its existing projects.
SCCL's coal production down 26.4% till January
Despite a renewed surge in coal production since November 2020, Singareni Collieries Company Ltd (SCCL) continues to witness a lowly performance so far this year.
Power capacity addition at 270 MW in December
Power generation capacity addition in December stood at 270 megawatts (MW), down 79 percent from the corresponding month of the previous year, according to data released by the Central Electricity Authority (CEA).
Traffic handled by major ports down 7% till January
The 12 major Indian ports handled 7% less traffic at 542 mt in AprilJanuary compared with 586 mt recorded for the corresponding period of last year.
The OTR growth story: Pioneering a new era for coal & Indian markets
The Off-Highway Tire segment in India is one of the most dynamic technological landscapes in the country supporting several important chambers of the economy.
Railways' coal handling down 10% in April-January
Railways, in AprilJanuary, transported 434 mt of coal, down 10% from 484 mt handled during the same period of 2019. Revenue earnings were down 22%.
Government puts 75 coal mines in second tranche of commercial block auctions
“Buoyed with the success of the 1st-ever auctions for commercial coal mining, Coal Ministry has come up with the next tranche of commercial coal mine auctions.” Pralhad Joshi, Coal and Mines Minister
ECL adopts mine planning software of Dassault Systems
Eastern Coalfields Ltd. has installed ‘Geovia Minex’, an integrated geology and mine planning software solution for coal deposits & to help its geologists prepare lithologs, contours (floor & roof ), folio plans and estimation of geological coal reserves.
Coal to stay competitive in India: BHP
“Coal power is expected to retain competitiveness in India, (where the coal fleet is only around 10 years old on average: one quarter of a normal lifetime), and other populous, developing nations, for a much longer time.”
India's Energy Demand To Explode: IEA
“To meet growth in electricity demand over the next twenty years, India will need to add a power system the size of the European Union to what it has now.” IEA