Essar to surrender Tokisud coal mine, seek Rs 4.9-bn refund
Essar Power has decided to surrender the Tokisud North coal block in Jharkhand. The company has already invested Rs 490 crore in the project. The move which comes in the backdrop of facing delays in key approvals and sudden change in tariff terms, will cripple the company's 1,200-MW Mahan plant in Madhya Pradesh.
Queensland supports Adani coal mine project
A high-level Australian delegation led by Annastacia Palaszczuk, Premier of Queensland, Australia, visited Mundra Port in Kutch and reaffirmed the Queensland government's commitment to Adani's Carmichael Coal Mine Project, a statement issued by the company said here.
Coal India plans to produce petroleum oil in Jharkhand
Coal India is considering producing petroleum oil at its Chatra coal mine in Jharkhand. Petroleum oil from coal is part of the state-run coal behemoth's diversification plan and it will soon invite an expression of interest for it, Coal India chairman Sutirtha Bhattacharya said.
THDCIL and MoC, inked Allotment Agreement
DV Singh, CMD, THDCIL and Vivek Bhardwaj, Joint Secretary, Ministry of Coal, Govt. of India signed the Allotment Agreement for Amelia Coal Mine this month. UC Kannaujia, GM(SP) and Mukul Sharma, Sr. Manager (Thermal Design), THDC NCR Office Kaushambi were also present on the occasion with senior officials of THDCIL and Ministry of Coal.
WCA exhorts India for sustainable use of cleaner coal
The World Coal Association (WCA) has urged India to work towards deployment of cleaner coal. The global industry association for coal has said that in order to support a sustainable development of the resource, the world’s third largest energy consumer, India, will require financial, technological and other support internationally.
Adani´s Australian coal mine project fast-tracked
The Queensland government has declared the Adani group´s Carmichael coal mine project as critical infrastructure and invoked special powers to fast-track its remaining approvals.
SC upholds NTPC's decision to reject Montecarlo coal mine bid
The Supreme Court has upheld a Delhi High Court verdict validating state-run NTPC Ltd's decision to reject techno-commercial bid of private firm Montecarlo for development and operation of Dulanga coal mining project. "Technical evaluation or comparison by the court would be impermissible.
Stranded in Debt
India has come a long way in addressing unmet power demand. Deficit has fallen from 8.7 per cent in 2012-13 to 2.1 per cent in 2015-16. In the last three years, the power sector saw capacity addition of 80 GW, of which 57 GW were coal-fired Thermal Power Plants (TPPs).
NGT demands eco-restoration plan for coal mine areas
The National Green Tribunal (NGT) constituted committee has asked the Meghalaya government to take up a pilot project for preparing a comprehensive ecological restoration plan for coal mine areas in the state.