News Update
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Global coal demand is set to return to its all-time high in 2022
Despite a slowing global economy and lockdowns in China, soaring natural gas prices following Russia’s invasion of Ukraine are propping up the world’s use of coal this year…
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Green clearances to 83 projects of Coal India: Government
Green clearances have been accorded to 83 mining projects of state-owned Coal India Ltd in the last two years. To ensure adequate supply of coal to various sectors, including power, the government has set a target of 1 billion tonnes…
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Gencos can blend up to 20% coal without prior permission from beneficiaries: CERC
The Power Ministry asked CERC to allow a higher amount of blending of up to 30 per cent with imported coal…
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Five PSUs to set up manufacturing units to increase coal gasification capacity
To help achieve the Centre’s target of having 100 million tonnes (MT) of coal gasification capacity in the country by 2030, five public sector undertakings (PSU) will set up manufacturing units…
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IEX power trade volume up 10% to 23 bn units in Q1 as consumption rises
The trade volume in the quarter comprised 20.64 billion units (BU) in the conventional power market, 1.52 BU in the green market segment and 11.97 lakh certificates in Renewable Energy Certificates (REC) market, which is equivalent to 1.2 BU…
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Traffic surge at ports a sign of India's economic revival: Report
Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per cent in traffic during the April-June quarter of 2022-23…
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Railways carried 432 rakes/day coal to power sector in Q1FY23
Indian Railways during the April-June period had transported domestic and imported coal to power plants through 432 rakes per day on an average…
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India: Sponge iron producers eye alternative Mozambican coal amid tight domestic supply
At a time when sponge iron manufacturers in India continue to deal with domestic coal shortage, quality issues regarding imported coal, and rampant volatility in prices...