Protests against plans for the Gevra site in the eastern province of Chhattisgarh threaten to complicate Coal India Ltd’s ability to win approvals to expand annual capacity to 70 million tons Coal India Ltd. is holding talks with residents opposed to a mine expansion that would create one of the world’s largest operations producing the […]
EESL signs MoU with Coal India Limited to Implement Energy Efficiency
EESL signs MoU with Coal India Limited to implement energy efficiency and resource conservation measures for de-carbonisation of its plants New Delhi: Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power has signed a Memorandum of Understanding (MoU) with Coal India Limited (CIL) for a strategic […]
Coal India prepares Rs 1L cr plan to diversify into aluminium, solar sectors
CIL will set up three specific-purpose vehicles (SPVs) for an about Rs 45,500-crore integrated solar wafer manufacturing facility, a Rs 38,000-crore green-field aluminium project, and an about Rs 23,400-crore aluminium smelting unit with state-run National Aluminium Company Ltd (NALCO). The government has approved state-run Coal India Ltd (CIL)’s Rs 1-lakh-crore diversification plan to set up […]
India doubles down on solar, gas at coal’s expense as electricity use falls
Overall electricity use fell by about 24 per cent in April, the data from POSOCO showed, as all industries and offices not categorized “essential” were shut as a part of a nationwide lockdown to prevent the spread of the coronavirus CHENNAI: India’s solar and gas-fired electricity generation rose in April even as overall power demand […]
India’s annual power demand seen falling for first time in almost four decades: Moody’s unit
Power usage has fallen by almost a quarter since Prime Minister Narendra Modi enforced a nationwide lockdown starting March 25, forcing all industries except those deemed essential to shut down CHENNAI: India’s electricity demand during the current financial year is seen falling for the first time in at least 36 years, ratings agency Moody’s unit […]
Public sector enterprises gradually diversifying into green energy
Coal India Ltd (CIL) has announced plans to develop 20 GW of solar capacity over 10 years at an estimated investment of Rs 1 trillion Egged on by government incentives, the state owned enterprises (SOEs) are diversifying into green energy and building renewable energy portfolios. In October this year, the Ministry of New & Renewable […]
NTPC units faced coal shortage in FY17-19; CERC denies relief
Company blames Coal India and Centre’s no-import policy NTPC, the country’s largest power generator, has said many of its units faced a coal shortage in the past two financial years, owing to low production and the Centre’s restriction on importing it. In a recent petition to the Central Electricity Regulatory Commission (CERC), it said this […]