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Govt says coal demand may not exceed 60,000 mw capacity

The Union Coal Ministry has told the Coal India (CIL) that the requirement of coal under the fuel supply agreements would not be for more than 60,000 mw by 2015 due to various reasons, including slippages in the schedule for commissioning of projects.

Panel on surplus coal usage to submit report soon

By the end of this month, the panel headed by BK Chaturvedi to look into the possibility of utilisation of surplus coal from captive mines by power utilities, will submit its report to the Union Coal Ministry. The panel is looking at utilising surplus coal by creating a bank or a common pool that will supply the fuel to the power utilities.

Govt submits report on missing coal files

On the missing files related to coal reserves? allocation, the Union Coal Ministry on September 16 gave its report to the Central Bureau of Investigation (CBI). The CBI is likely to register more First Information Reports (FIRs) in the coal scam investigation. The Ministry has reportedly stated in the report that a few files were untraceable.

Govt submits report on missing coal files

On the missing files related to coal reserves? allocation, the Union Coal Ministry on September 16 gave its report to the Central Bureau of Investigation (CBI). The CBI is likely to register more First Information Reports (FIRs) in the coal scam investigation. The Ministry has reportedly stated in the report that a few files were untraceable.

CIL given new deadline to sign 173 FSAs

At a recent meeting, union coal ministry asked public sector miner Coal India (CIL) to enter into fuel supply agreements (FSAs) with power plants for 78,000 mw capacity by September 6. The order from the ministry comes after the earlier deadline for signing FSAs ended on August 30.

Coal Ministry to review surplus coal usage

To determine mandatory rules for the use of surplus coal from captive mines, the Union Coal Ministry has started fresh round of discussions with other involved ministries including Power and Steel. The matter has been kept in abeyance for the last two years. As per the Coal Mines (Nationalisation) Act 1973 which oversees captive mining, all coal mined from the block must be used entirely for the respective end-use project.

WBMDTCL asked to provide bank guarantee

In a letter to West Bengal Mineral Development & Trading Corporation, the union coal ministry asked the former to provide bank guarantee (BG) of Rs 1.3 crore for a coal block in West Bengal. In 2006, the coal ministry allotted the Ichhapur coal mine in the the Raniganj coalfields of West Bengal to the company for commercial use. The mine has geol

Haryana's HPGCL wants its own captive mine

The Haryana government is trying for its own captive coal block to meet the coal requirement of its power plants in the state. The State-owned Haryana Power Generation Corporation (HPGCL) has submitted multiple applications to the Union Coal Ministry for allotment of coal block in Chhattisgarh or Madhya Pradesh for the existing and future thermal plants in the state.

Ministry for allotting abandoned CBM blocks

Union coal ministry is of the view that the relinquished coal bed methane (CBM) blocks in the country need to be allotted to coal miners as these assets hold substantial reserve of coal. Owing to inadequate gas reserves, several CBM blocks have been relinquished. But these have potential coal reserves, which can be mined and used for electricity generation, the coal ministry

Ministry wants resolution of key issues before CIL stake sale

Agency reports indicate that union coal ministry wants the Department of Disinvestment (DoD) to move ahead with the divestment of stake in Coal India (CIL) after key issues are resolved. The 10 per cent equity sale in the coal miner was cleared by an Inter-ministerial Group (IMG) and this may fetch the government over Rs 17,000 crore. The government, at present holds 90 per cent stake in

Coal ministry counters charges of NTPC

Union coal ministry refuted the charges levelled by union power ministry and NTPC that Coal India (CIL) was supplying inferior quality coal to the power producer. The power ministry took its grievances against CIL to the Cabinet Committee on Investments (CCI) and this move irked the union coal ministry

CCI gets request to streamline approval process

The Cabinet Committee on Investments (CCI) received a request from the union coal ministry for streamlining approval process for mining projects. In a letter written by the union coal ministry to CCI, it suggested parallel processing of environmental clearance (EC) and forest clearance (FC) for coal proj

CoalMin disapproves dual pricing for coal

The proposal of the Planning Commission to introduce dual pricing for coal was opposed by the union coal ministry, which argues that it is not a feasible plan. Under dual pricing, coal would be sold at different prices in different markets. Union coal ministry expressed its disapproval for the proposal at a meeting under the Chairmanship of Planning Commission Deputy Chair