Coal India will exceed last year's production figures of 606.9 million tonne in current fiscal: Official
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year's production figures, a top coal ministry official said here on Tuesday
In a bid to attract investments and boost domestic coal production, the government on Wednesday approved promulgation of an ordinance to open up coal mining in the country to non-coal companies while removing restrictions on end-use of the fuel
Miners lobbying against govt proposal to link new coal index to international prices; fear move will dent local coal’s competitiveness
Indian miners are lobbying against a government proposal to link a new coal index to international prices, which could delay creation of the index
In a bid to liberalise the coal sector, the government is planning to invite global players for the roll-out of auction plan for commercial mining by December this year, Union Minister Pralhad Joshi said on Thursday
Coal imports are surging after the government failed to open the industry to competition, despite having passed a liberalization policy 19 months ago.
India will overtake China as largest importer of coking coal by 2025; consumption to grow at 5.4% annually: Fitch
India will overtake China as the largest importer of coking coal by 2025, Fitch Solutions Macro Research said on Friday
During 2017-18, coal imports increased to 208.27 MT due to increase in demand by consuming sectors.
By 2047, however, coal's share of India's energy mix would shrink to 42-48 percent, from about 58 percent in 2015,
India imported 12.35 million tonnes of coal last month, a 34.3% decline from the same month a year ago
The surging trend of coal imports in recent times snapped in January as shipments fell by 20 percent over the previous month due to lower demand from domestic steel makers, as per mjunction data.
Without giving specific numbers, Mayaram said government believes that coal imports should actually decrease even as he admitted overseas dry fuel is required to generate electricity.
The world's largest producer of coal, Coal India Limited, may not have as much extractable reserves as it claims to.
The move comes as the coalition government is trying to tackle a raft of economic reforms, some of them leading to unpopular price rises.