Search Result for : Coal Ministry

The Dollar Business Bureau Coal imports have fallen from 217.78 Million metric tonne (Mte) in 2014-15 to 203.95 Mte in 2015-16 and further to 190.95 Mte in 2016-17. The trend of fall in import of coal has continued in 2017-18. This was stated by the Minister of State for Power, Coal & New and Renewable Energy and Mines during a reply to a question in the Lok Sabha.   The fall in imports is largely on account of enhanced production by Coal India Limited (CIL), due to which the country has moved from a regime of coal scarcity to a coal surplus situation. The Minister further stated that as per Directorate General of Commercial Intelligence & Statistics (DGCI&S), during April-June 2017-18, 52.74 ...

The Dollar Business Bureau The Government said on Sunday that it is targeting to bring down the imports of thermal coal to ‘zero’ of power public sector units (PSUs) such as NTPC Ltd in this fiscal, a step that will help in cutting down the import bill of the country by about Rs.17,000 crore. “This year we want that coal import by these plants (of public sector companies) should be brought down to zero and slowly we would convince the private sector that there is no need for you to import coal,” Susheel Kumar, Secretary - Coal told the PTI. The government would gradually persuade the private firms to stop the imports of thermal fossil fuel and source their coal requirements through local sources as this is ...

The Dollar Business Bureau In keeping with Prime Minister Narendra Modi’s ambitious scheme of ‘Digital India’, Ministry of Coal has taken a decision to convert all documents and papers into digital format. The Ministry has fully implemented e-office application on October 17, 2016 and the entire file work in the Ministry is now being done electronically. “Ministry of Coal has decided to convert all papers and documents into digital format in keeping with the Prime Minister’s Digital India Initiative,” stated Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in a written response to the Lok Sabha on Thursday. Goyal further said that the process of digitisation has brought efficiency and transparency in the working of the Coal ...

The Dollar Business Bureau Coal imports have fallen in the last fiscal of 2015-16 compared to a year earlier, due to increased output by Coal India Ltd (CIL). The imports have declined to 199.88 Mte in 2015-16 from 217.78 Mte in 2014-15. “On account of increased production by CIL in 2015-16, coal imports have fallen from 217.78 Mte in 2014-15 to 199.88 Mte in 2015-16," informed Power, Coal, New and Renewable Energy and Mines Minister Piyush Goyal, in written reply to Lok Sabha on Thursday. “In order to meet the domestic demand of coal and to make the country self-sufficient in the production of coal, the government is focusing on enhancing the production of coal locally from indigenous sources that includes efforts ...

The Dollar Business Bureau  In order to increase the supply of washed coal, Coal India Limited (CIL) and its subsidiaries will set up 15 new coal washeries, of which 9 are for beneficiation of non-coking coal. “15 new coal washeries would be set by CIL and its subsidiaries, out of which 9 are for beneficiation of non-coking coal with an aggregate capacity of 94 Mty (75.5 Mty in 1st phase) to increase the washed coal supply, said Piyush Goyal, Minister of State (IC) for the Ministry of Power, Coal, New and Renewable Energy and Mines, in a written response to the Lok Sabha on Thursday. The subsidiaries include Mahanadi Coalfields Limited (MCL) in Odisha, Central Coalfields Ltd (CCL) in Jharkhand, and South Eastern ...

The Dollar Business Bureau The government plans to replace about 15 million tones of imported coal with indigenous coal in the next six months, and it urged the industry to come up with new ideas for finding a sustainable solution for this challenge. India continues to import coal from other countries despite a surplus of coal in the country because the country’s power plants have been designed not to function on indigenous coal. Referring to the power decentralization initiatives provided by the government, Coal Minister Piyush Goyal said the government is focusing on distributing energy production to consumers so that they could start generating power. “In fact, the rooftop solar power programme will be expanded to 300 MW today to the 40000 MW in ...

The Dollar Business Bureau Prime Minister Narendra Modi on Sunday laid the foundation stone for the Phase I of NTPC's Rs. 10598.98 crore Telangana Super Thermal Power Project (STPP) in Ramagundam city in the Karimnagar district of Telangana. Speaking at the event, Modi said that Telangana is only a two-year-old state, but still it has been able to fulfill the people’s expectations.” “Whenever the Telangana Chief Minister K Chandrashekhar Rao has a meeting with me, he has talked about the development of the state and its issues related to water,” he said. Modi stressed on the need for cooperative federalism and said, “There was a time when dialogue between Centre and states was quite tense but now, both work together for development.” NTPC (National Thermal Power Corporation) will ...

The Dollar Business Bureau Coal Secretary Anil Swarup on Tuesday said the government would not conduct any auction of coal blocks for the next two to three months since there are not many takers of coal mines. "I don't see auction of coal blocks in the near future at least in the next two to three months....We feel that this may be not the right time for going ahead with auctioning of mines because there are not many takers of coal," Swarup said. He said the Coal Ministry is not planning to invite private players, but would make further decisions when demand picks up in the domestic market. Answering a question on the next step of commercial mining, Swarup said problems persist in this segment. “Going ...