COAL SUPPLY
Coal India to tweak e-auction norms to ease process Coal India Ltd (CIL) will revamp its electronic window system, allocation methodology, capping auction hours, and adjusting transport premiums. The July 11 concept note proposed changes, including allowing road transport. Subsidiaries, except Northe...
13 Jul, 2024, 12.04 AM ISTDelhi's electricity bills are on the rise: Here's why you might be paying more Delhi Electricity Bill: Electricity bills in Delhi saw an increase due to a rise in the power purchase adjustment charge (PPAC) across various discoms, starting this February. This adjustment, effective from February, reflects higher power purchase ...
11 Jul, 2024, 11.46 AM ISTCentre gives in-principle nod to setting up coal-based thermal power plant in Uttarakhand The central government has given in-principle consent to the establishment of thermal power plant through THDCIL-UJVNL Energy Company Limited (TUECO), an official release here said. According to the SHAKTI policy, Coal India Limited can allow the su...
04 Jul, 2024, 03.17 PM IST- ADVERTISEMENT
Peak power demand declines 10% to 206GW as rains hit north India After a heatwave, heavy rain reduced power demand, with peak falling to 206 GW from 250 GW. The India Meteorological Department predicts stable temperatures amid heavy rainfall. Southern regions saw a monsoon onset, lowering consumption. Neighbourin...
01 Jul, 2024, 11.44 PM ISTAdequate coal stock available, can meet 18.5 days' requirements of thermal power plants: Government The Centre said that there is sufficient coal reserves for domestic thermal power plants, with stocks at 44.46 million tonnes lasting 18.5 days at current consumption rates, a 33 per cent increase from last year. Coal production increased by 10.58 p...
01 Jul, 2024, 09.47 PM ISTContinue blending of 4 per cent imported coal till October 15, government tells power plants Efficiently managing coal blending requirements and supply logistics is crucial for meeting peak power demand. Maintaining a balance between coal receipt and consumption at domestic coal-based plants is essential for uninterrupted power generation a...
28 Jun, 2024, 07.44 PM ISTBudget 2024: Hi-tech thermal plants may get Rs 6,000 cr viability support Budget 2024: The Union budget for 2024-25 is expected to include a support scheme for setting up 800 MW coal-based power plants using Advanced Ultra Supercritical (AUSC) technology. The finance ministry is evaluating a proposal for ₹6,000 crore viab...
27 Jun, 2024, 10.57 AM ISTNTPC ropes in Macawber Beekay to supply green coal for power projects State-owned power company NTPC has partnered with waste-to-energy firm Macawber Beekay to supply green coal to reduce carbon emissions while generating electricity. The company will set up three green coal manufacturing units in Noida, Bhopal, and H...
18 Jun, 2024, 06.50 PM ISTNifty cools after record run, Sensex rises 150 points as investors eye US Fed decision The broader NSE Nifty gained 58 points, or 0.25%, to end at 23,323. Domestically focused smallcap and midcap indices rose by over 1% each. IT companies, which count the US as a key revenue geography, jumped upto 2%. The likelihood of a Fed rate cut ...
12 Jun, 2024, 04.17 PM ISTScorching heat drives India's gas-fired power use to multi-year highs in May Sweltering heat and policy measures are driving a surge in gas-fired power use in India, with LNG imports set to sharply rise over the next two years. Gas-fired power generation doubled in April and May, impacting coal's share. India's LNG imports a...
06 Jun, 2024, 11.48 AM ISTDespite record peak demand, power exchange prices remain lower than last year's peak period The average daily price in the day-ahead market on the power exchange remained lower in May compared to peak periods last year, despite record-high peak demand. This indicates sufficient energy supply from various sources. The average price during M...
04 Jun, 2024, 12.13 AM ISTNTPC Q4 Results: Net profit jumps 33% YoY to Rs 6,490 crore; dividend declared at Rs 3.25 per share State-owned power giant NTPC on Friday posted a 33 per cent rise in its consolidated net profit to Rs 6,490.05 crore in the March 2024 quarter, mainly on the back of higher revenues. The company had reported Rs 4,871.55 crore consolidated net profi...
24 May, 2024, 08.30 PM ISTAdani Enterprises shares finally get rid of Hindenburg's ugly scar, surge 3x in 16 months Shares of Gautam Adani's flagship entity, Adani Enterprises, have recovered from losses post the Hindenburg report, with a 23% jump in 2 weeks. The stock is close to its all-time peak and is set to enter the Sensex index.
24 May, 2024, 12.27 PM ISTIn first 50 days of FY25, demand has increased by 13-14%: SN Goel, IEX SN Goel discusses the positive factors for FY25, including high demand, improved coal supply, and lower prices. The market is expected to see growth driven by increased liquidity and policy initiatives. Goel further says , this year market share wil...
23 May, 2024, 02.58 PM ISTGovt plans extensively to ensure adequate coal stock at thermal power plants ahead of monsoon The coal ministry ensures adequate coal stock at thermal power plants before monsoons through sub-group meetings with state power generating companies and an inter-ministerial committee.
20 May, 2024, 05.43 PM ISTThermal PLFs to remain healthy amid power demand-supply mismatch: Report India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the power sector for FY25, predicting that thermal plant load factors (PLFs) will remain healthy due to a demand-supply mismatch. The agency believes that the overall plant loa...
15 May, 2024, 04.38 PM ISTCoal's share in India's power generation capacity drops below 50% for 1st time since 1960s India's share of coal in its total power generation capacity dropped below 50% in Q1 2024, marking the first time since the 1960s. Renewable energy accounted for 71.5 percent of the 13,669 MW power generation capacity added by India in Q1 2024. This...
15 May, 2024, 10.45 AM ISTCoal India achieves 610.8-MT supply to power sector, tops annual target Coal India Ltd (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27, a company official said. "This marks the highest coal supply till date to the power sector," he said.
28 Mar, 2024, 03.26 PM ISTIndia may launch carbon capture policy to exploit vast coal resources India plans to launch a carbon capture policy to address its growing emissions while still utilising its vast coal resources. The policy, set to be unveiled later this year, will provide incentives for companies to trap, recycle, and store their emi...
03 Feb, 2024, 11.35 AM ISTIndia rebuilds coal stocks to ensure electric reliability: Kemp India's electricity supply in 2024 is more comfortable due to increased coal production and a significant deployment of renewables. Coal inventories have recovered, with record volumes of coal being dug and dispatched to generators. Power plants now...
31 Jan, 2024, 04.43 PM IST