APMDC Suliyari Coal Upcoming PAN INDIA (OPEN) auction 1,00,000 MT @SBP INR 3000 /- Per MT on 12th July 2024.
APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 01st AUG 2024 @ SBP INR 2516/- per MT.
Notice regarding Bidder Demo of Mid Term e-Auction of NLC India Limited Talabira II & III OCP Coal for All Sectors Namely Power Sector and Non Regulated Sector (NRS) including Traders scheduled on 25.07.2024 from 5:00 P.M. to 5:30 P.M. in Coaljunction portal
Coal import for blending by the power sector declined 12.31% y-o-y in Q1 of FY25 even as power generation during the period went up by 11.3%
The news is significant because the April-June period saw record-high temperatures, with June 2024 going down history as the hottest month in India on record, which, in turn, drove up power demand across the country. The total power generation in April-June period of 2024-25 was 4,20,582.12 GWH, up from 3,77,857.50 GWH recorded in the same period a year ago.
India has the world’s fifth-largest coal reserves and is the world’s second-largest consumer of coal. With the government prioritising energy security, India is looking to mine out as much coal as required to meet the domestic demand from various sectors until the demand begins to dry out and the energy transition cycle kicks in. As a result of this policy thrust, India’s coal production has increased in the last few years, going up from 609.18 MT in 2014-15 to 997.23 MT in 2023-24. In 2024-25, India is aiming to produce 1.08 BT of coal, 874 MT out of which will be supplied to the power sector.