• Power consumption rose 0.9% on a yearly basis in the first fortnight of September, indicating spurt in commercial and industrial demand for electricity, Parliament was informed. Power consumption had declined following the COVID-19 outbreak as economic activity came to a standstill due to the lockdown.
  • State-owned CIL and its subsidiaries have spent a total amount of Rs 1,977.76 crore on Corporate Social Responsibility (CSR) during the last four financial years, according to official data. Coal India Ltd (CIL) and its subsidiaries have collectively spent Rs 489.67 crore, Rs 483.78 crore, Rs 416.47 crore, Rs 587.84 crore in financial year 2016-17, 2017-18, 2018-19 and 2019-20 respectively.
  • Ratings agency ICRA said that the high frequency lead indicators for August suggest a fragmented recovery of the Indian economy is underway.
  • Coal India Ltd’s arm Central Coalfields is planning to install 80 Megawatt peak (MWp) ground-mounted solar power plant in the ongoing fiscal year. Central Coalfields Ltd (CCL) said that action has also been taken for installation of solar plants on rooftops as green energy to reduce day time demand.
  • The Organisation for Economic Co-operation and Development (OECD) forecast a deeper contraction of 10.2% for India in the current fiscal, surpassing its June estimate of -7.3% in the event of a second wave of infections, in its Interim Economic Outlook report.
  • India’s imports of thermal coal fell by 41.5% to 32.9 million tonnes during the quarter ended June 30, government data showed, as coronavirus lockdowns battered power demand..