Coal allocation by CIL to power sector under e-auction drops 23% to 16.95 million tonnes in April-November
State-owned Coal India allocated 16.95 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in the April-November period of this fiscal, down 22.6 percent over the year-ago period
Core sector output shrinks for fourth consecutive month by 1.5% in November; refinery, fertilizers production up
The core sector for October had contracted to 5.8 percent from the 5.1 percent contraction seen in September.
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Coal-fired power production is projected to fall 3 percent this year—the largest annual decline on record.
Despite the ranking, experts said that govt doesn't have a plan to phase-out fossil fuel and reduce its dependence on coal.
Output of eight core infrastructure industries contracted for the second month in a row by 5.8 percent in October, the lowest in over a decade, indicating the severity of economic slowdown
The projects, owned by Adani Power Limited, showed no progress and the est cost of the project is over Rs 21,000 crore.
Core sector output shrinks by 5.2% in September; except for fertilisers, all industries witnessed negative growth
Output of core infrastructure industries shrank by 5.2 percent in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday
A high-level panel constituted by the government to suggest measures to augment GST revenue collection will hold its first meeting today.
WPI inflation at 39-month low of 0.33% in September: Near zero wholesale prices offer more bad news to a slowdown-hit economy
Wholesale price inflation (WPI) nearing zero means companies are beginning to lose pricing power and deflationary fears are looming over the economy
Govt to invest $60 billion to build national gas grid to link up nation by 2024 in a bid to cut carbon emissions
Prime Minister Narendra Modi has previously set a target to more than double the share of gas in India’s energy mix to 15% by 2030
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
Core sector output growth declines to 45-month low of 0.5% in August; coal, crude oil, cement among major industries worst hit
During April-August, growth in the eight core industries grew by 2.4 percent from 5.7 percent in the year-ago period
'Complete strike' at Coal India, Singareni mines against Centre's decision to allow 100% FDI, claim trade unions
Trade unions on Tuesday claimed that production and dispatch has come to a "complete halt" at the mines of Coal India Ltd and Singareni Collieries Company Ltd, owing to the one-day strike against the Centre's decision to allow 100 percent FDI in coal mining
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.
The activists demanded that authorities end the use of coal within a decade in keeping with the Paris Agreement.
According to the data released by the government on Monday, output of coal, crude oil, natural gas and refinery products recorded negative growth in July.
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
Terming 100 percent FDI in coal mining "the biggest reform" of BJP government, Coal Minister Pralhad Joshi on Thursday said the move will set up an efficient and competitive coal market in India and create direct and indirect employment in coal-bearing areas
Australia's Resources Minister Matt Canavan on Tuesday asked Adani Group chairman Gautam Adani to focus on the coal mine project in central Queensland and get it "moving" forward, refuting reports of any "widespread" opposition against the controversial venture