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CIL claims supplying sufficient coal to power plants

August 5, 2009: Coal India Ltd (CIL) said it has supplied as much as 96 percent of the annual contracted quantity (ACQ) of coal to 78 power plants in the country between April and July 2009, and despite this around 31 plants on an average were facing 'critical' coal stock position.

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First forward e-auction by WCL on August 17

August 5, 2009: Coal India Ltd (CIL) subsidiary Western Coalfields Ltd (WCL) is set to launch on August 17, the much awaited forward e-auction of coal wherein it will offer around 5.82 lakh tons of coal from six loss making underground mines.

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NTPC'll make green power

August 4, 2009: State-owned National Thermal Power Corporation (NTPC) plans to diversify into nuclear and renewable energy as part of its strategy to 'go green'. The company has a capacity of 30,000 megawatt (mw), a fifth of India's total installed capacity of 150,000 mw.

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Over 45,000 Mw capacity addition behind schedule

July 19, 2009: At a time when the government is trying hard to add power generation capacity of over 78,000 Mw during the current Five-Year Plan, projects of over 45,000 MW currently under construction are running behind schedule. The latest data obtained from the Central Electricity Authority (CEA) says that projects behind schedule include around 35,000 Mw of thermal power projects and rest 10,000 MW of hydro power projects, a major chunk of which is scheduled to be commissioned during the current Plan period ending March 2012.

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Mineral production up 3.79% in April

July 18, 2009: Mineral production in the country showed a growth of 3.79 percent in April 2009 compared with the corresponding month, last year. However, on the flipside, production was lower by 15.85 percent as compared to the previous month.

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HPGCL secures coal supply from Coal India

July 18, 2009: The Haryana Power Generation Corporation Limited (HPGCL) has secured coal supply for its power stations by signing a Fuel Supply Agreement (FSA) with three major subsidiaries of Coal India Limited (CIL), namely Central Coalfields Limited (CCL ), Bharat Coking Coal Limited (BCCL) and Northern Coalfield Limited (NCL).

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OERC to consult Pune firm on renewable energy policy

June 28, 2009: The Orissa Electricity Regulatory Commission (OERC) has roped in Pune-based World Institute of Sustainable Energy (WISE) to provide consultancy service on the development of renewable energy policy guidelines.

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Captive capacity idles in Gujarat on insufficient gas

June 28, 2009: Around 4,500 MW of installed captive capacity in Gujarat is lying idle due to shortage of gas.

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Captive coal mine owners need 26% in venture

June 27, 2009: Steel, cement or power companies that sit on captive coal mines will have to own a minimum 26 percent equity in their mining ventures, according to the new guidelines approved by the government for mining of coal from captive blocks.

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Private investment in coal sector

June 17, 2009: The coal sector is set to open to private investment.

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Adani commissions first unit of Mundra plant

May 27, 2009: Adani Group's power arm Adani Power Ltd (APL) has kicked off generation at the first unit of its 4,620 MW coal-based thermal power plant at Mundra.

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R-Power may sell carbon credits worth Rs 4,000 cr

May 27, 2009: Reliance Power is expected to earn more than Rs 4,000 crore over the next 10 years by selling carbon credits from its upcoming Sasan power project in Madhya Pradesh.

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CIL may have to increase prices

May 26, 2009: Coal India (CIL) may need to hike coal prices by at least 13 percent if it has to take up all its proposed expansion projects and retain its earlier profit trends in 2009-10.

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Bhel bags Rs 703-cr thermal power plant order

May 26, 2009: Bharat Heavy Electricals Ltd (Bhel) has secured an order of Rs 703 crore for the main plant package at the upcoming Bela Thermal Power Project in Maharashtra, involving one new rating unit of 270 MW.

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Power cos ready to pay import parity price to CIL unit for low-ash coal

May 24, 2009: Use of new generation technology, enforcement of stricter pollution control norms and a marked improvement in efficiency of the power generation sector requiring an assured supply of low-ash coal in much larger volumes than ever before, may finally offer some breathing space for Eastern Coalfields Ltd (ECL), the ailing subsidiary of Coal India Ltd.

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Essar Energy to raise Rs 400 cr debt

May 24, 2009: Essar Energy is planning to raise a debt of Rs 400 crore to fund its project to produce gas found on coal beds, called coal bed methane (CBM) in its Raniganj block in West Bengal.

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CIL indicates rise in coal prices to remain profitable

May 21, 2009: Coal India Ltd (CIL) Chairman P S Bhattacharyya on May 21 said the company may not be able to report enough profit in 2009-10 to take up new projects and continue paying dividend to government unless it increases coal prices.

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CIL's profit before tax in FY09 falls 51 percent to Rs 4238.58 crore

May 21, 2009: Coal India Ltd (CIL), the world's single largest coal producing company, on May 21 reported 2008-09 profit before tax and dividend of Rs 4238.58 crore, showing a fall of 51.42 percent over Rs 8738.46 crore recorded in 2007-08.

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Metal firms sell power during demand slump

May 20, 2009: Metal producers are selling their surplus power to compensate the losses from production cuts due to slowing of demand.

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Gujarat NRE to hike Australian coking coal capacity

May 19, 2009: Gujarat NRE Coke plans to ramp up production at its two Australian coking coal mines from 0.8 million tons (mt) in 2008-09 to 2 mt this fiscal.

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