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Production up by 9 percent in FY 2015 for Coal India

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New Delhi: State-run Coal India Limited (CIL) produced nine percent more coal in the current fiscal than in 2014, the government said on Saturday.

In a tweet, coal secretary Anil Swaroop said: “Coal production by Coal India crosses nine percent over last year’s record production. Well done. Keep it going. Still a very long way to go.”

In the current fiscal, CIL’s production rose by 8.8 percent to 321.38 million tonnes from April to November against 295.4 million tonnes in the same period last year, an official said.

For CIL, the government set a target of one billion tonnes of coal production by 2020. This year’s target was fixed at 550 million tonnes while last fiscal’s target was missed by 3 percent with an output of 494.23 million tonnes. (IANS), (image courtesy: biocat-project.com)

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Coal India misses October output target by 5 percent

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Kolkata: Although state owned miner Coal India over-achieved its offtake target for October, it missed its provisional coal output target which fell by five percent for the same month against the target.

Against a coal output target of 46.84 million tonnes (mt) last month, the miner could dig out 44.37 million tonnes of coal while the offtake was 44.41 mt against a target of 44.31 mt, Coal India said in a filing with the Bombay Stock Exchange (BSE).

One of its biggest subsidiaries – Mahanadi Coalfields (MCL) – missed the target of 13.65 mt of coal by 16 percent, while the other large subsidiary – South Eastern Coalfields (SECL) – over-achieved the target of 11.67 mt by two percent.

Offtake from MCL fell short by three percent at 11.74 mt, but from SECL exceeded the target by eight percent at 11.90 mt.

Production from Northern Coalfields (NCL), Western Coalfields (WCL) and Central Coalfields (CCL) hit the bull’s eye at 6.90 mt, 3.56 mt and 4.86 mt respectively.

The offtake from NCL also exceeded the target of 6.25 mt by nine percent. However, WCL’s offtake (3.47 mt) fell short by four percent and CCL’s target of 4.87 mt was lagged by just a percent to the target.

From April to October, both the coal output as well as the offtake targets could be achieved 97 percent only.

The total output in the aforesaid months stood at 273.91 mt against the target of 282.33 mt while the offtake stood at 295.80 mt against the target of 304.03 mt.

(IANS)

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Coal continues to be the mainstay of power in India: Piyush Goyal

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www.ecargolog.in

NewsGram Staff Writer

New Delhi: Claiming on Tuesday that India would be a country of largely modern and efficient coal based plants by 2030, Power Minister Piyush Goyal on Tuesday expressed confidence that the world would appreciate India’s dedication towards climate change and the Intended Nationally Determined Contributions (INDCs) which are likely to be announced on October 2.

“We are conscious about our duties towards the environment. On October 2, India possibly will declare its INDC. I believe the world would be pleased to look at our contributions,” Goyal said here at a function organised by Brooklyn India.

All the countries are required to submit their INDCs on or before October 1, as the crucial 21st session of the conference of the parties (CoP-21) on climate change is to be held in Paris from November 30 to December 11.

The conference needs to achieve a new international agreement on climate, applicable to all countries, with the aim of keeping global warming below 2 degrees Celsius.

Goyal said “polluter pay principle” should be adopted in the world and the countries which were “hugely responsible” for the current situation should contribute towards cleaning of the environment.

www.thehindu.com
www.thehindu.com

“We have not seen the credible affirmative action from the west in this respect,” he said, adding despite this, India would move towards protecting the climate with cleaner environment being the central point of the ministries of power, coal and new and renewable energy.

India was not a large pollution generating country as compared to the developed world, the minister said, adding even the energy consumption was far less as against the economically strong countries.

However, he said coal would continue to be the mainstay of power in India but the pollution level can significantly be kept low with innovative technologies and thrust on renewable energy.

Public sector Coal India Limited would produce one billion tonnes of coal by 2019-20, he said, adding that the government was committed to set up ‘washeries’ on a massive scale to wash 250 million tonnes of coal in next three years.

Goyal informed that his ministry was framing a policy to liberalize coal linkages within infrastructure companies which will help bring down power cost.

(With inputs from IANS)

 

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8 coal mines to be auctioned after 10 in Round 3: Coal secretary

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Image courtesy Firstpost
Image courtesy Firstpost

New Delhi: The government will put eight more coal mines up for auction after completing the process for 10 mines in the third phase in mid-August, Coal Secretary Anil Swarup said on Wednesday.

“After these 10 mines (in August), eight more mines are in the queue,” he told reporters here on the sidelines of a conference on minerals and metals organised by a business chamber.

“We have more and more mines coming in so that they would suffice for other sectors also,” he said.

Swarup also said that in view of the need to step up India’s coal production to 1.5 billion tonnes by 2020, there is a plan to hire manpower for mining.

“As far as 1.5 billion tonnes of production is concerned we have a full-fledged HR plan of having manpower to mine these mines,” he said.

The third round of coal mine auctions for 10 blocks will be held from August 11 to 17.

Coal and Power Minister Piyush Goyal said last month that the government will open more than 60 coal mines across the country in the coming days.

He had said the new mines were part of the overall plan for state miner Coal India to double its current production of 500 million tonnes per annum in five years to reach the country’s total production target of 1,500 million tonnes by 2020.

Coal India achieved a record 32 million tonnes increase in production in the last year, which led to a 12 percent increase in power production, the minister said.

(IANS)