CIL will hold deliberations with the consumers of the cement sector and captive power producers (CPP) on substituting imports with domestic coal, amid the PSU facing tepid demand for the dry fuel. Coal India (CIL) will hold discussions through video conference, the PSU said in separate notices to consumers of the cement sector and CPPs.
Coal India plans to use mine developers and operators (MDO) to reopen mines it abandoned because of safety and viability concerns, company executives said. The company may offer these mines, many of which hold good quality reserves, to MDOs on contract.
Clean energy consultancy Bridge To India has lowered India’s solar and wind power capacity addition estimate over 2020-2024 citing weak economic outlook and further slowdown in power demand. It said the domestic energy sector has been hit by multiple demand and supply shocks, sharp reduction in power demand, delays in construction activity, and deferred payments across the value chain.
Minister of Petroleum and Natural Gas & Steel, Dharmendra Pradhan has stressed on increased usage of domestic steel for meeting requirements of the oil & gas sector. He said that Steel and Oil & Gas sectors have a close linkage, and it is time to take it to a new height.
Environment Minister Mr Prakash Javadekar defended his Ministry’s recent notification scrapping the mandatory requirement of supplying washed coal to all thermal units more than 500 km away from the coal mine.
The All India Power Engineers Federation has appealed to the prime minister to put the draft Electricity (Amendment) Bill on hold as it is against the federal structure of the country wherein electricity is a concurrent subject. The Ministry of Power had circulated the draft bill for feedback of the stakeholders in April this year.