Coal India has introduced a one-time offer that allows power utilities to lift the fuel directly from mines.

The scheme is available for independent power producers drawing coal under fuel supply agreements (FSAs) as well. “A one-time offer is being made to all power utilities drawing coal under the FSA during 2012-13 to lift the coal, which is held in the stocks on ‘as is where is' basis with the stipulation that the power stations will make their own evacuation arrangement,” CIL has said in a notice. This is the first time Coal India has initiated such a move.

The joint team of State Pollution Control Board (SPCB) and the district administration on Monday visited the Lajkura open cast project of Mahanadi Coalfields Ltd (MCL).

New Delhi Unhappy with the minimum penalty norms in Coal India’s fuel supply agreements (FSA), the power ministry has approached the coal ministry to change the disputed clauses.

‘‘We are trying ... we are taking up this issue with Coal India and ministry of coal. Disincentives are not there for three years and after three years penalty is only 0.01% ... we would want it to be changed,’’ power secretary P Uma Shankar told reporters here.

Power units coming up between Jan ’12 & Mar ’15 assured of fuel supply

Jaiswal: Govt Inked Power Pacts

The state government has asked the Mahanadi Coalfield Ltd (MCL), a subsidiary of Coal India Ltd (CIL), to pay a fine of Rs 1,306 crore for mining coal without environment clearance in the Ib valley area.

It said, MCL had resorted to illegal extraction of coal in the absence of statutory clearances and therefore, is liable to pay the penalty amount. Earlier, the Deputy Director of Mines (DDM), Sambalpur circle, had issued a demand notice to MCL for payment of Rs 862.58 crore as fine.

High cost of coal mining in India is under the spotlight as ministries bicker over the price that should be paid for surplus output from captive mines – a debate that has delayed policy formulation

BHUBANESWAR: Mahanadi Coalfields Limited (MCL), a Coal India subsidiary, has responded positively to the State Government’s proposal for establishment of a coal washery and coal reject-based power

SUNDARGARH:The much-awaited coal corridor proposal of the Mahanadi Coalfields Ltd (MCL) to free a vast rural population from the hazards of dust pollution is not moving on the expected lines.

Bhubaneswar: The Odisha government has written to the Mahanadi Coalfields Limited (MCL) proposing that the MCL set up a 10-MT-per-annum coal washery in joint venture between the MCL and the Odisha