Coal import bill drops by Rs 28,000 cr in FY16

Coal import bill drops by Rs 28,000 cr in FY16

Helped by a record coal production by the world's largest coal miner Coal India Ltd (CIL), India reduced its import bill of the dry fuel by more than Rs 28,000 crore in the last fiscal.

CIL imports around 5 LT coal so far this fiscal

State-run CIL has imported about five lakh tonnes of coal so far in the current fiscal for the power producers as their response has not been encouraging.

Govt allows import of coal with higher ash content

The Centre Monday allowed power plants to use imported coal with higher ash content of up to 25 percent, a move which will allow power producers to source the dry fuel from more countries and cut generation cost.

Coal imports drop for first time in 15 months

Coal imports drop for first time in 15 months

India`s coal imports fell 11 percent to 19.3 million tonnes in July from a year earlier - the sharpest and the first drop in more than a year - as local supplies rose and money losing power generators held up purchases, commodities trader mjunction said.

Govt may import 210 mn tonnes of coal in 2015-16

Seeking to bridge the demand-supply gap, the government is likely to import around 210 million tonnes (MT) of coal in the ongoing fiscal.

NTPC to import 22 MT coal in FY'16 to meet shortfall

State-owned power producer NTPC will import 22 million tonnes (MT) of coal in the current fiscal to meet the shortfall in domestic availability.

State power firms to import 52 MT coal in FY16

State-owned power generation companies will import about 52 million tonnes of coal, accounting for 70 percent of total dry fuel imports by power firms in the current fiscal, to meet their requirements.

Coal India to import around 2 LT of coal

State-owned Coal India Ltd (CIL) will import around 2 lakh tonnes of coal either next month or in March for suppling it to power plants.

Proposal to import coal for Neyveli's thermal power proj in UP

There is a proposal to import coal for Neyveli Lignite Corporation's Rs 14,375-crore thermal power project in Uttar Pradesh due to delays in development of mine allocated for the plant.

SAIL's coking coal imports to touch 35 mn tonne by 2025

State-run steel maker SAIL's coking coal imports will touch 35 million tonnes by 2025 when the targetted production capacity is projected to touch 50 million tonnes, a company official said.

GVK gets 'Green nod' to import coal from SA for Punjab plant

GVK is setting up a 2x270 MW Thermal Power Plant at Goindwal Sahib tehsil in Tarn Taran district of Punjab, and both the units have been synchronised to the grid.

NTPC to import 17 mn metric tonnes of coal this fiscal

Facing shortage in domestic fuel supplies, state-owned NTPC plans to import 17 million metric tonnes of coal this fiscal which is higher than the quantity purchased last financial year.

Power producers advised to import 54 MT of coal in FY'15: Goyal

Amid fuel shortages, power producers have been advised to import 54 million tonnes (MT) of coal in the current fiscal, the government said Monday.

June coal imports highest in 2014 as prices fall 

India`s imports of thermal coal, used in power generation, rose 11 percent to 14.77 million tonnes in June.

Coal import rises by 18% to 171 million tonnes

Coal import increased by 17.9 per cent to 171 million tonnes (mt) in 2013-14 financial year amid the widening demand-supply gap in the country.

CIL board may take up awarding coal import contract

The board of state-owned Coal India Ltd may consider the issue of awarding contract for coal import in a meeting likely to be held by the month-end.

Coal import into India has financial risks: Report

A new report of Institute for Energy Economics and Financial Analysis (IEEFA) says that International coal projects relying on new import markets such as India were facing financial risks.

NTPC plans to import 15 million tonnes of coal in FY15

The country's largest power producer NTPC has set a target of importing as much as 15 million tonnes of coal in the next financial year (2014-15).

CIL makes another attempt for coal import contract

Country's largest miner Coal India has issued a re-tender for import of coal with some modifications and is expecting a better response from prospective vendors.

CIL to once again invite fresh applications for coal import

State-owned Coal India (CIL) will once again invite fresh applications from interested entities for importing coal that would be supplied to power plants under fuel supply agreements as the earlier tender floated by the PSU elicit no response.