Coal India's production growth is likely to nosedive to less than 1% in the current financial year compared to the projected growth of about 7%, as a number of its projects have been hit by environmental concerns, a top Coal India official has said.

State-owned CIL has set a production target of about 460 million tonnes (MT) for this fiscal.

Adani Group today said it has inked a Memorandum of Understanding (MoU) with an Australia-based firm Carbon Energy to form a joint venture to pursue Underground Coal Gasification (UCG) projects in India.

"The two firms have inked a MoU for a strategic joint venture, where they shall jointly be bidding in tendering process for UGC projects likely to be announced on tenements of Coal India (CIL),

A concerned coal ministry has found out ways to keep up the pace of development in the country and yet not get into crosshairs with the ministry of environment and forests (MoEF) for stalling the new coal blocks in the country.

The coal ministry is mooting the idea to introduce coal to liquid (CTL) technology to address the environment concern in wake of the ever increasing demand of coal to su

The recent decision of the Board of Directors of public sector National Thermal Power Corporation (NTPC) to award a mine development contract worth `25,000 crore to an Australian company has caused widespread concern in industry and political circles.

Two Congress MPs have raised serious objections and accused the Power Ministry of wrongdoing.

It is alleged that the contracted company will b

Sanjay Jog / Mumbai December 13, 2010, 0:33 IST

NPC already has JVs with IOC, Nalco, BHEL, Alstom and NTPC.

Nuclear Power Corporation (NPC) is in talks with government-owned Coal India, the country

MK VENU, KG Narendranath India’s executive director at the IMF Arvind Virmani has cautioned against any halt on the country’s policy reform on oil and energy. He has urged corporate India to be prepared to handle situations that could arise from some degree of volatility in capital flows.

Kolkata, Nov. 23: The Coal India Limited (CIL) on Tuesday said that it might not be able to achieve its target production figure of 460.5 million tonnes in the current fiscal for several factors.

During the first six months of 2010-11 fiscal, the company has produced 185.68 million tonnes of coal as against its target of 203.95 million tonnes production.

NEW DELHI, 31 AUG: The world's largest coal producer, Coal India Ltd (CIL), today said it might consider setting up power plants in the country to utilise excess coal.

Indronil Roychowdhury

Kolkata: Acute coal shortage in 32 coal-fired power stations is a clear indications of massive power cuts across the country in the coming 15 days. According to Central Electricity Authority (CEA) findings, 17 thermal power stations have coal supply for less than 7 days while 15 others can be run for only 4 days.

Anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministry today said the country would have to import 82 million tones coal to fire its blast furnaces and power turbines in 2010-11.