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Commercial generators are often leveraged as a primary source of power when starting new construction projects.

Privatisation of coal mining

India's coal demand-supply balance still remains tilted in favour of coal imports as the state-run miners, Coal India and the Singareni Collieries Company have been unable to entirely meet India's coal demand, especially for higher grade thermal coal/washed coal and coking coal.

The Indian lubricants industry is expected to grow at 11.5 per cent

Synthetic lubricants in all applications are becoming more popular and widely used worldwide. While it is estimated that the current consumption of synthetic lubricants is about six per cent of the global lubricants consumption,

MMTC is the sole bidder for CIL coal import contract

Coal India Ltd intends to import coal for meeting its supply obligation to the power sector. The coal giant has invited expression of interest in this regard. So far, only MMTC has shown interest in the coal import contract.

NTPC non-payment to Coal India over low quality coal awaits solution

The Comptroller and Auditor General of India (CAG) has asked state-owned power producer NTPC Ltd and Coal India Ltd (CIL) to resolve the Rs. 2,500 crore payment dispute over fuel supply and avoid an accounting nightmare. India?s largest power generation utility has argued over the poor calorific value of coal being supplied by Coal India.

Year End Review of Ministry of Coal

Coal sector witnessed a number of initiatives during 2013 to augment coal production and supply. Regular reviews of captive coal blocks were held by Inter-Ministrial Group to expedite their development, fuel supply agreements were signed with Power Sector and setting of Coal regulator approved. Under the bidding policy, seventeen coal blocks allotted to the Government Companies and thirty eight coal blocks brought under production.

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.

1st Annual Equipment India Awards 2013

Poised to become the third largest market for construction equipment, India is now a major hub for manufacturers globally. The Indian industry, to its credit, has also remained ahead of the demand curve and has brought in the latest technologies and a variety of equipment to fit all sorts of applications. A report on the first-ever Equipment India Awards held in New Delhi on 14 November 2013...

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.

Nalco ties-up with Mahanadi Coalfields for coal supply

To get fuel supply for its captive power plant, National Aluminium Company (NALCO) has signed a long term fuel supply agreement with Mahanadi Coalfield (MCL). As part the pact, MCL will supply 47.16 lakh tonne of coal to NALCO's captive power plant at Angul and 8,73,324 tonne of coal for its steam cum power generation plant, at Damanjodi.

CIL to retain right to set coal price

Coal Secretary SK Srivastava has reportedly informed a news agency that the ultimate right to fix price of coal would be vested with Coal India (CIL) even after the setting up of a regulator. He said the proposed coal regulator would out the principles and methodologies upon which pricing will be done while the state-run miner CIL will retain the right to set p

Coal shortage hits generation at NTPC?s Simhadri plant

Shortage of coal supply at Visakhapatnam NTPC?s Simhadri super thermal power station has hit the power generation. The power station has been unable to generate power optimally since a month due to the acute shortage of coal supply, which can only add to the state?s power woes. The generation loss due to shortage of fuel supply has been 325 million units on June 3.

CCEA may clear fuel pass through mechanism

In order to enable power plants to pass on the rise in the cost of imported fuel to end consumers, the Cabinet Committee on Economic Affairs (CCEA) may clear the fuel pass through mechanism. Such a move may encourage power producers to use the full capacity of their power plants by importing fuel instead of running the plant at suboptimal capacity beca

CERC clarifies on coal supply under FSA

In a reply to the clarification sought by the union power ministry, CERC said Coal India (CIL) has the responsibility to meet the full requirement under FSAs even if it has to resort to imports. Some days ago, the power ministry asked the CERC whether the existing policies permit CIL to meet its fuel supply agreements (FSAs) commitments (for post-March 2009 power projects) through supply of impo

Proposed coal regulator may have only adjudicating power

The Group of Ministers (GoM) on setting up of the proposed coal regulator decided that the regulatory body would be empowered to resolve disputes including disputes arising out of fuel supply agreements (FSAs). However, the group decided not to give the power of fixing coal price to the proposed regulator. This was decided at a recent meeting of

CIL may import coal for the first time

In order to meet supply commitments from power sector, state-run miner Coal India (CIL) would source coal from abroad for the first time in 2013-14. CIL, which produces around 80 percent of the country's coal, has found it difficult to meet the supply commitments from power producers under the fuel supply agreements (FSA

DVC holds talks with CIL for coal mining

Public sector power generator Damodar Valley Corporation (DVC) is said to be holding discussion with Coal India (CIL) on mining old and abandoned coal mines. The company plans to produce coal from old and abandoned mines in order to meet its coal requirement. The company has held its power capacity expansion proje

CIL eases restrictions in FSAs

Following criticisms from some sections, Coal India (CIL) has liberalised some of the restrictions imposed by it in the fuel supply agreements (FSAs) that it signs with power companies. For example, the state-run miner allowed supply of coal in excess of annual contracted quantity (ACQ) with mutual consent

60 power plants sign FSA with Coal India

So far, 60 power plants have entered into fuel supply agreements (FSA) with the public sector miner Coal India (CIL). CIL is mandated to sign a total of 143 FSAs in respect of identified power projects of 60,000-mw capacity, which have been assured for coal supply, in the next five

Ministerial note calls for pass-through mechanism

An inter-ministerial note on coal price pooling calls for introducing pass-through mechanism in order to ensure that the price charged from electricity distribution companies reflects the rising cost of coal. The note suggests that the power ministry would work on guidelines to help regulators to develop a pass-through mechanism for imported coal, which will form part of the fuel supply agreements signed by new large powe

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

Poised for Major Growth

The crane manufacturing industry has witnessed a phase of restructuring with several acquisitions and joint ventures resulting in considerable international influence in the quality and use of better technology in the industry.

Power: Switch it on!

Here?s an excerpt of a management tale: Two marketing executives were sent separately to Africa to study the potential for the market for shoes.

Caterpillar secures big bid

Caterpillar Global Petroleum was recently chosen to provide CNOOC with 8 x 16 M 32 C crude oil engine generator sets.

Caterpillar secures big bid

Caterpillar Global Petroleum was recently chosen to provide CNOOC with 8 x 16 M 32 C crude oil engine generator sets.