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India’s Thermal Coal Production Jumps 9.2%; Aims For Self-Reliance | Details

India is aiming for nothing less than self-reliance when it comes to meeting its coal needs. Recently, Union Minister of Coal & Mines Pralhad Joshi informed the parliament about the uptick in production through a written response. Coal is used extensively for electricity generation in India and a lot of this coal is imported. But last year a noticeable decline was observed in coal imports by the power sector between April 2023 – June 2023 the imports dropped from 16.36 million tonnes in the corresponding period the previous year to 14.21 million tonnes

10 Aug 2023
News

No link between sinking of Joshimath and NTPC tunnel projects, Centre says

The Centre attributed the Joshimath land subsidence to sub-surface seepage erosion caused by natural drainage, occasional heavy rainfall, periodic seismic activities and increased construction activities.

1 min read14 Jan 2023
Industry

Thermal power will continue to meet India’s energy needs

It’s unlikely that renewables will wipe out the need for fossil fuel-based plants, say expertsIn the recent bids for round-the-clock power, renewables have been coupled with sources like coal

2 min read3 Jul 2020
Companies

PNB extends deadline to submit bid for Jindal India Thermal Power to 4 January

Lenders had invited expression of interests after the company submitted a one-time debt settlement proposal worth ₹2,430 crore to themPNB, as the lead creditor, had appointed SBI Capital Markets Ltd (SBI Caps) as the transaction advisor

1 min read30 Dec 2019
Markets

For power utilities, demand slowdown is the worst in a decade

Thermal power generation dropped 2% in April-October this yearThe slowdown in industrial demand can have larger implications for the state electricity boards

2 min read12 Nov 2019
News

As Delhi chokes due to air pollution, power plants are set to miss emissions deadline

The air quality index, or AQI, was at 599 at some areas in New Delhi at 11:52 am today after breaching 1,000 earlier this monthIf the emissions standards were implemented nationwide, India could avoid over 300,000 premature deaths through 2030

1 min read11 Nov 2019
Markets

JSW Energy’s plans to acquire power plants a positive, but will test its limits

It is crucial to acquire the said power plants at a notable discount, given the cost overruns and operational issuesIf indeed acquired at a favourable price, JSW Energy can put its expertise in running a portfolio of power plants to good use

2 min read22 Oct 2019
Markets

What the low electricity price in spot market tells us about power demand

The reduction in coal prices in the global markets and improvement in fuel supplies did help lower electricity prices The drop in electricity generation underscores weak demand conditions, reflective in slowing automobile sales and production cuts at manufacturing plants

2 min read23 Sep 2019
Markets

Coal stock rises at thermal power plants, but will it be enough?

Coal stocks at 126 thermal power plants rose for a fourth successive month in February to 26 million tonnes, says Elara CapitalRise in coal inventory, however, coincides with a slump in power demand—electricity generation in Jan-Feb declined 0.9%

1 min read20 Mar 2019
Industry

Thermal power projects with ₹2.5 lakh cr investment facing stress: Report

The study noted that the country's power sector has been one of the highly stressed sectors in recent timesThe report added that there is no universal solution for these ailing power assets

1 min read10 Feb 2019
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