MCL had attained the 100-MT mark in 2009-10, while 150-MT output was achieved in 2021-22. Photo: Bloomberg Mahanadi Coalfields Ltd (MCL) has achieved the 200-million tonne (MT) coal production mark in the 2023-24 fiscal, officials said Sunday. The MCL has mining operations in Odisha’s Angul, Jharsuguda and Sundergarh districts. The company crossed… Continue reading Mahanadi Coalfields Ltd crosses 200 MT coal production mark in FY24 | Company News
Tag: Coal
Govt auctions 6 coal mines in seventh tranche; NLC, NTPC among winners
State-owned NLC India and NTPC along with three private players have bagged coal blocks in the seventh round of auctions which concluded with the sale of all six mines put under the hammer, an official statement said on Friday. While NLC bagged North Dhadu (Western Part) coal block in Jharkhand with 434 million… Continue reading Govt auctions 6 coal mines in seventh tranche; NLC, NTPC among winners
Coal CPSEs to scale up renewable energy capacity to 7231 MW by 2027
Coal PSUs have planned to scale up their total installed renewable energy capacity to 7,231 megawatt (MW) by 2027, an official statement said on Thursday. About 1,600 MW of renewable capacity has already been created till March 2023, by the PSUs Coal India Ltd (CIL), NLC India Ltd (NLCIL), and Singareni Collieries Company… Continue reading Coal CPSEs to scale up renewable energy capacity to 7231 MW by 2027
Nilkanth Coal Mining bags Sherband coal block in 7th round of auctions
The coal mine is partially explored, the Ministry of Coal said. (Photo: Bloomberg) Nilkanth Coal Mining Pvt Ltd (NCMPL) has bagged a coal block under the seventh round of coal auctions launched earlier this year, an official statement said. The coal mine is partially explored, the Ministry of Coal said. Nilkanth Coal… Continue reading Nilkanth Coal Mining bags Sherband coal block in 7th round of auctions
Coal ministry transfers Rs 704 cr upfront payment to 6 coal-bearing states
The Centre has transferred Rs 704 crore upfront payment that it received from the sixth round of coal mine auctions to six states, an official statement said on Thursday. The amount has been transferred to coal-bearing states of Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, and West Bengal, the Ministry of Coal statement said.… Continue reading Coal ministry transfers Rs 704 cr upfront payment to 6 coal-bearing states
Coal India plans two thermal plants with Rs 21,547 crore investment
State-owned Coal India Ltd (CIL) is planing to set up two thermal plants with an investment totaling Rs 21,547 crore in Odisha and Madhya Pradesh, an official statement said on Wednesday. While one project is planned near Amarkantak in Madhya Pradesh, the other is at Sundergarh district, in Odisha. “CIL has planned… Continue reading Coal India plans two thermal plants with Rs 21,547 crore investment
NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round
NTPC, Hindalco Industries, Bajrang Power and Ispat bagged one mine each during the seventh round of coal auctions. NTPC Ltd bagged the North Dhadu (Eastern Part) coal block in Jharkhand, which has 439 Million Tonnes (MT) of coal reserves, the Ministry of Coal said in a statement on Wednesday. Hindalco Industries bagged… Continue reading NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round
Public sector coal companies to invest Rs 2.5 trn in new biz by 2030: Joshi
They will also increase their respective capacities as well, Joshi said speaking to the players of construction and equipment industry. Public sector coal companies have made an investment plan of Rs 2.5 lakh crore by 2030 towards “new business”, Union Minister Pralhad Joshi said on Tuesday. The investment will be utilised to increase… Continue reading Public sector coal companies to invest Rs 2.5 trn in new biz by 2030: Joshi
Coal India embarks on overseas acquisition of critical mineral assets
In a bold move to diversify its operations and integrate further into the value chain, Coal India Limited (CIL) is targeting the acquisition of lithium, cobalt, and nickel assets abroad. The company has recently amended its Memorandum of Association (MoA) to include non-ferrous and critical minerals, indicating its commitment to expand its presence… Continue reading Coal India embarks on overseas acquisition of critical mineral assets
BHP expects Indian steelmaking boom to boost its coal business: Report
(Reuters) – BHP Group expects the rampant expansion of India’s steel industry to boost its coal business significantly, the company’s Indian chief commercial officer Vandita Pant told the Financial Times on Monday. Around 40% of BHP’s metallurgical coal, used by steel mills and known as coking coal, is now heading to India, she… Continue reading BHP expects Indian steelmaking boom to boost its coal business: Report