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Coal India to supply more coal to power plants than annual contracted quantity | Mint
Livemint
·
12m ago
Medial
Coal India Ltd (CIL), the world's largest coal mining company, has decided to supply more coal to power plants than their annual contracted quantities (ACQs). This change eliminates the provision that previously limited coal supplies to a maximum of 120% of ACQ. With a current coal stock of 72 million tonnes, CIL aims to meet the increasing power demand in India. The government plans to add 80 gigawatts of thermal capacity by 2032 to the current 210.96 GW capacity.
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Coal India liberalises long-term supply deals to allow power sale on exchanges
Economic Times
·
2d ago
Medial
Coal India has liberalized long-term supply deals, allowing power generated from coal under "linkage contracts" to be sold on power exchanges, according to a recent notice. This decision aims to maintain consistent coal demand amid declining purchases by coal-fired power plants. The move comes as coal use for power generation has decreased for the fourth consecutive month, despite heightened electricity demand. This change provides utilities more flexibility in power sales, enhancing operational responsiveness.
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Coal India surpasses annual target of coal supplies to power sector this fiscal
Thehindubusinessline
·
1y ago
Medial
Indian state-run coal miner, Coal India, has surpassed its annual target by supplying a record 610.8 million tonnes of coal to the country's thermal power plants so far this fiscal year. This exceeds the target of 610 million tonnes. The company achieved this milestone four days earlier than expected. The increase in supplies compared to the same period last year was 29.3 million tonnes or 5% higher year-on-year. Currently, Coal India's daily average supplies to coal-fired plants stand at 1.76 million tonnes due to growing demand from the power sector.
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Coal ministry prepared for summers; will meet entire 906 MT coal demand for power sector: Official
Livemint
·
6m ago
Medial
The Indian coal ministry is prepared to meet the anticipated coal demand of 906 million tonnes for the power sector in the fiscal year 2025-26. Meetings at inter-ministerial and secretary levels are being held to ensure coal supply readiness for the coming summer. The ministry plans to distribute the coal target among major sources, including Coal India and Singareni Collieries. Current stock levels at thermal power plants indicate readiness for a comfortable summer.
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Is India ready to meet this year’s summer power demand?
Money Control
·
1y ago
Medial
India is expected to experience hotter than usual summer months, leading to a higher demand for electricity. The government anticipates a peak power demand of 256 GW, with projections of it potentially reaching 260 GW. Despite the increased penetration of renewable energy, coal remains the main source of power generation in India. However, compared to previous years, the country is better prepared this year due to higher coal stocks. The power ministry has also issued orders to ensure that coal-based power generators continue blending imported coal and that imported thermal plants generate at full capacity. Additionally, there has been an increase in thermal and renewable power generation capacity, as well as efforts to address logistics challenges and balance night-time peak demand. However, hydropower generation may be lower than expected due to late monsoons and sparse rainfall. Please note that this summary includes some junk lines as requested and does not include any additional information.
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CIL supplies record coal to power sector this fiscal
Livemint
·
1y ago
Medial
State-run Coal India Ltd (CIL) has achieved a record of supplying 610.8 million tonnes of coal to the power sector in FY24. This is a 5% increase from the previous fiscal year, making it the highest level of coal supplies to the power sector in a year by the company. The increased supplies have helped raise coal stock at domestic coal-based power plants to 47.1 million tonnes, anticipating higher power demand in the coming summers. The Central Electricity Authority expects peak power demand to reach 260 GW in FY25, compared to 243 GW in FY24.
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Tata Power keen on building small nuclear reactors as India opens up sector, CEO says
Livemint
·
6m ago
Medial
Tata Power is interested in developing small modular nuclear reactors as India plans to open the nuclear sector to private investments. Following recent government amendments, Tata Power seeks more information on liability, technology, foreign partnerships, and fuel sourcing. Small nuclear projects require stringent approvals and lengthy construction timelines. The company anticipates increased power demand in India, expecting imported coal-based plants to operate at full capacity and a recovery in power demand amidst rising summer temperatures.
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No, coal is not dead
Livemint
·
1y ago
Medial
India's economic growth has been strong, leading to the construction of new buildings and infrastructure. Despite progress in renewable energy, coal remains the dominant fuel source for electricity generation in India. Coal India, the world's largest coal company, has defied expectations with record-breaking sales and profits. The company enjoys a near-monopoly in the Indian coal market and is the main supplier to power plants. It is also expected to unlock value through the IPOs of its subsidiaries. However, the long-term prospects of the coal industry depend on India's ability to balance growth with sustainability.
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Sembcorp signs green ammonia export pact with Japan’s Kyushu Electric | Mint
Livemint
·
11m ago
Medial
Singapore-based renewable energy company Sembcorp Industries has reached an agreement with Kyushu Electric Power to export green ammonia from its Indian facility to Japan. The ammonia will be used by Kyushu Electric to reduce coal consumption in its thermal power plants. This partnership marks the first collaboration between the two countries in the green energy sector and highlights India's growing prominence in the global renewable energy landscape. Sembcorp will produce green ammonia in Tamil Nadu using renewable energy sources, while Sojitz Corp will facilitate the ammonia's distribution, and NYK Line will oversee the transportation from India to Japan.
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FGD rule relaxation to cut electricity cost by 25-30 paise a unit
Economic Times
·
26d ago
Medial
The Indian government has relaxed sulphur emission rules for coal-fired power plants, aiming to lower electricity costs by 25-30 paise per unit. The rule now mandates flue-gas desulphurisation (FGD) system installation only for plants near large cities or in polluted areas. This move is expected to reduce unnecessary costs, avoid additional CO2 emissions, and maintain electricity affordability, while targeting regulation based on urban proximity and coal sulphur content.
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Climate Activists Tell the EV Industry to Fix Its Filthy Supply Chain
Wired
·
1y ago
Medial
Activists staged a protest at the LA Auto Show, dressed as characters from the show "Squid Games," to draw attention to the environmental impact of the electric vehicle (EV) supply chain. According to a report by EV makers Rivian and Polestar, the EV supply chain generates 35 to 50 percent more greenhouse gas emissions than gas-powered vehicles. The activists called out Hyundai for their reliance on coal-powered steel plants and alleged labor violations. Lead the Charge, a coalition of climate and labor groups, aims to hold automakers accountable for the impacts of their supply chains on climate, labor, and Indigenous people's rights.
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