Coal news and updates

Coal India To Take Additional Measures To Boost Production, Supply

Coal India Limited has introduced measures to boost production and supply of the solid fuel across the country to bridge demand and supply gaps. The government will focus on increasing production through allocation of more coal blocks, Union Coal and Mines Minister Pralhad Joshi said in a written reply in the Rajya Sabha on Monday. The gap between demand and domestic supply of coal, the statement said, cannot entirely be bridged as there are insufficient reserves of prime coking coal in the country.

Electricity producers, Bloomberg reported earlier this week, complained to the Power Ministry about the increasing instances of rocks and mud being found mixed in the coal supplied to them.Despite challenges relating to the shortage of high-grade coal, Coal India, the statement said, has taken the following measures to ensure adequate supply: Coal India also hopes that a provision, announced on Aug. 28, 2019, allowing 100% foreign direct investment in commercial mining will help boost production and supply of the solid fuel, the statement said.