India’s coal import declined by 34.9% to 12.46 million tonnes (MT) in August on account of subdued demand for the dry fuel from consuming sectors like power and cement. The country imported 19.14 MT of coal in August last year, according to provisional compilation by mjunction.
Ramco Cements has commissioned its 9-MW waste heat recovery system at its Jayanthipuram cement plant in Andhra Pradesh, a move which will help the company save on power costs, while cutting down emissions. Two more 9-MW waste heat recovery systems at Jayanthipuram is being installed and would be commissioned in the coming months, according to a statement. Ramco’s new cement project at Kolumigundla, Kurnool District, Andhra Pradesh will also have a waste heat recovery system of 12.15 MW capacity. Once this is operational, the company’s total capacity of waste heat recovery systems would be 39.15 MW.
Coal and Mines Minister Pralhad Joshi reviewed the progress of the sector with officials and deliberated on a road map to make the mining industry more competitive. The mines ministry is proposing reforms to accelerate growth and employment generation in the sector and stimulate overall economic growth amid the COVID-19 pandemic.
State-owned Coal India Ltd (CIL) said it plans to restore production from its discontinued underground mines and has identified 12 such blocks with provisional mineable reserves of around 1,060 million tonnes. The move is seen as part of efforts by the PSU coal major to meet its overall production target of one billion tonnes in the next four years.
Union Environment Minister Prakash Javadekar said he was hopeful that India would achieve its goal of reducing carbon emissions by 35% in the next ten years and upscaling solar power capacity from 175 gigawatt to 220 gigawatt by 2022.