BEIJING : China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply. Thermal coal for January delivery, the most actively traded contract on the Zhengzhou Commodity Exchange, hit a record high of 1,982 yuan per tonne. Prices are up more than […]
The demand for power has been increasing from August, 2021 onwards. In August, 2021, the power consumption was 124 Billion Unit (BU) whereas the consumption in August, 2019 (before the COVID period) was 106 BU. This was an increase of almost 18-20%. The increasing trend is persisting – the demand on 04.10.2021 was 1,74,000 MW […]
Coal India share price rose 52 percent in the last 6-month, while gained nearly 67 percent in the last 1-year. The Coal India (CIL) share prices touched a 52-week high of Rs 198.60, rising over 4 percent intraday on Tuesday. The share price surged 52 percent in the last six months, while gained nearly 67 […]
The worsening squeeze on India’s coal supply is triggering a power crisis that’s threatening to stall the world’s fastest-expanding major economy. Coal-fired power stations had an average of four days’ worth of stock of the fuel at the end of last month, the lowest level in years, and down from 13 days at the start […]
In the aftermath of the coronavirus recession, energy production has failed to keep up with rapid growth in consumption as energy producers struggle to raise output while demand has bounced back quickly. LONDON : Record gas and electricity prices in Europe, record coal prices in China, multiyear-high gas prices in the United States and oil […]
Its broad terms of reference include monitoring of activities towards achieving coal-based hydrogen production and usage and coordination with Coal Gasification Mission and NITI Aayog. New Delhi: The Centre on Tuesday said it has constituted a task force and expert committee to prepare a road map for coal-based hydrogen production. This is aimed at contributing […]
This in-house capability will assist India’s coal gasification mission and coal-to-hydrogen production for Hydrogen Mission, NITI Aayog member V K Saraswat said. New Delhi: State-run engineering firm BHEL has successfully demonstrated a facility to create methanol from high ash Indian coal, an official statement said on Thursday. Methanol is utilised as a motor fuel, to […]
Solar power holds the key to meeting renewable energy targets for Indonesia, but the fast-growing Southeast Asian economy needs significant reforms to steer it away from an over-reliance on coal, according to a report. The sprawling archipelago is targeting for renewables to make up 23% of its energy needs by 2025, a task that could […]
Power generation compared with July rose 2.9 per cent while coal-fired electricity generation rose 4.4 per cent month-on-month CHENNAI : India’s electricity generation rose by 16.1 per cent in August compared with a year earlier, a Reuters analysis of government data showed, lifted by a 23.7 per cent jump in coal-fired power generation that has […]