News Business India looks to relax norms to attract global coal miners, ... a move that could end Coal India Ltd's nearmonopoly on the fuel. The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp. ...
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The growth in power generation for domestic coalbased plant was recorded at per cent, while the growth in coal production was at per cent year on year (till date).
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Most of the coal production in India comes from opencast mining, contributing over 83% of the total production. Coal India employs some 460,000 people and is one of the largest five companies in India." Coal India reports that its annual coal production has grown from 79 million tonnes in 1975 to million tonnes in .
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Reuters. As the world's thirdlargest consumer of energy, India is feeling the heat from surging coal prices. To meet the country's growing demand for power and reduce its exposure to the economic impact of volatile prices, New Delhi is working to boost domestic production of coal, despite India's reputation as one of the world's most ...
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Kolkata: Following pressure from the unions, Coal India has agreed to relax norms for the voluntary retirement scheme for women launched in March, extending the date for applications by six months and increasing the eligibility age to 55 from 50. Some other conditions of the scheme, which allows the sons of women workers who opt for voluntary retirement to be employed at the company, are also ...
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India looks to relax norms to pull global coal miners. Reuters. Last Updated 18 November 2019, 08:46 IST. ... a move that could end Coal India Ltd's nearmonopoly on the fuel. ...
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A resurgence in India's hunger for coal could mean peak consumption is years away. The use of the fuel for power generation is seen growing at the fastest pace in over a decade this year.
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In 2015, India's coalfired power plants were ordered to reduce emissions of sulfur dioxide and nitrogen oxide. Adoption of the technology to capture these pollutants has been limited, with ...
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Benchmark Asian coal spot prices recently surged to a record as buyers across the region scrambled to find alternatives to Russian supply, further tightening the fuel's availability. Meanwhile ...
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The additional coal secretary stated that "there are constraints in domestic coal availability and the domestic coal production is roughly about 800 MT". ... The recent coal crisis at power plants in several parts of the country has caused the dry fuel producer to relax payment terms and push coal to ensure that there is the least shortage of ...
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Coal India is on track to achieve the 700 million tonnes (mt) production target for 202223. The public sector miner has produced mt in the 11 months of the ongoing fiscal, posting a growth of per cent over the corresponding previous period. Coal India produced mt in March 2022 and the same production number could take Coal ...
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The Insurance Regulatory and Development Authority of India (Irdai) has relaxed norms for 'surety bonds' to increase availability and expand the surety insurance market. The solvency requirement applicable for such products has been reduced to times from times and the 30% exposure limit on each contract underwritten by insurers has been removed.
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A stack of coal at a wholesale market in Mumbai on May 5. Production of coal, the fossil fuel that accounts for more than 70 percent of India's electricity generation, has not kept pace with ...
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New Delhi: The coal ministry will issue a directive to Coal India ( CIL) asking it to relax its norms under the provisions of fuel supply agreements (FSAs) to facilitate coal imports for power projects. The staterun miner will supply imported coal on a costplus basis along with an administrative charge to be decided by its board of directors.
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Competition Commission of India (CCI), which last year slapped a penalty of Rs 1, crore on Coal India for indulging in unfair business practices, today passed two fresh orders on different complaints. The two complaints, filed last year, pertain to anti competitive practices in an eauction scheme and fuel supply pacts, respectively.
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Kolkata, Nov 5 (IANS) Coal India Ltd (CIL) on Monday said it has relaxed norms governing supply of the dry fuel to small consumers, a move that would increase availability of coal for customers ...
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Tags. The government on Wednesday launched the seventh round of commercial coal auctions in a bid to increase the availability of the dry fuel in the country. A total of 106 coal mines were put on ...
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Billionaire Gautam Adani's conglomerate is benefiting from India's rush to import coal to ease a supply crunch, winning a huge majority of import orders from state power giant NTPC Ltd. New Delhibased NTPC has placed orders for 20 million tons of imported coal for the fiscal year ending March, of which almost million tons have been awarded to Adani Enterprises Ltd., according to ...
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India is the world's second largest producer of coal, behind China. Critics worry that fossil fuel will be the centrepiece of the country's energy production for several decades yet, along with ...
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India spent over Rs lakh crore on coal imports in the past year, causing a significant outflow of foreign exchange. While the share of coal imports in total consumption has decreased from 26% to 21% in the last five years, the country still imports over 200 million tonnes of coal annually. 19 Oct, 2023, 08:23 PM IST.
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Updated On Dec 18, 2022 at 07:07 PM IST New Delhi: Coal is dirty it makes up for 40 per cent of carbon dioxide emissions from fossil fuels, its mining wreaks havoc on the environment and burning it produces pollutants like mercury which are linked to acid rain and particulate matter that causes respiratory illnesses.
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The recent coal crisis at power plants in several parts of the country has caused the dry fuel producer to relax payment terms and push coal to ensure that there is the least shortage of power to keep the economy on track. Unrestricted supply of the dry fuel amid crisis in power plants has resulted in a further jump in dues that has already reached around Rs 24,00025,000 crore.
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The Energy Information Administration estimates (as of October 2022) that in 2021, CO 2 emissions from burning coal for energy accounted for about 20% of total energyrelated CO 2 emissions and for nearly 60% of total CO 2 emissions from the electric power sector. In the past, fly ash was released into the air through the smokestack ...
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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