Govt to hold meetings with CIL every quarter for coal import

The government will hold meetings with CIL every quarter for examining the import of fossil fuel by the PSU firm.

Bewildering Indian policies fuel needless coal imports

Tata Power's 1,050 Megawatt power station in Jharkhand is a textbook case of the absurd results that India's 1970s-era coal supply laws can produce, and why power utilities are lobbying the government to change them.

557 MT of coal production in FY 2013

Government Thursday said the country produced over 557 million tonnes (MT) of coal in the just-concluded fiscal, a growth of 3.2 percent over FY'12.

Coal India against annual production target

State-owned Coal India Ltd (CIL), which may miss coal output target this fiscal, is pitching for doing away with the system of setting the annual production target for the PSU.

CIL to import 20 million tonnes of coal next fiscal

Coal India, the world's biggest producer of coal, may import as much as 20 million tonnes of the fuel next fiscal to comply with orders to increase supplies to power utilities and avoid paying penalties.

CIL to raise production capacity by 180 mt in 5 years

State-run Coal India on Thursday said it aims at raising production capacity to 180 million tonne over the next five years.

India's reliance on imported coal to rise, says Citi

India's dependence on overseas coal is set to increase in the coming years but the price impact arising out of imported dry fuel would be manageable, says a Citigroup report.

Coal Ministry may issue notices to 58 cos this week

The Coal Ministry is likely to begin this week the process of issuing show-cause notices to 58 captive coal block holders, including PSUs, which have not started the development work of mines in stipulated time.

Don't blame environment ministry for coal shortage: Natarajan

The shortage of coal should not be blamed on green clearances as the environment ministry has given licences for coal mining and power projects way beyond the energy targets for 2017, Environment Minister Jayanthi Natarajan said Wednesday.

CoalMin to issue notices to firms sitting idle on mines

Amid furore over the CAG draft report estimating Rs 10.67 lakh crore losses to the exchequer on account of coal mines allocation, the government will begin issuing notices from Monday to firms sitting idle on blocks.

Introduce competition in domestic coal sector, says survey

Competition needs to be ushered into the domestic coal sector as state-owned Coal India's "near monopolistic" position impedes the sector's growth.

Govt may soon issue notices to cos sitting idle on coal blocks

The coal ministry is likely to issue show-cause notices within a month to about 50 block holders asking them to either start production or face reallocation, sources said.

Coal output down 2.5% at 192 MT in Apr-Aug'11

The country's coal production declined by about 2.5 percent to 192 million tonnes (MT) in the first five months of this fiscal over the year-ago period, mainly on account of less output by Coal India.