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Proposals invited for coal gasification projects
The coal ministry has invited applications for a ₹37,500 crore scheme. This initiative promotes surface coal and lignite gasification projects across India. The government aims to convert domestic coal into higher-value fuels and chemicals. Eligible developers can receive financial support for commercial-scale projects. Applications are due by September 7, with a pre-application conference on July 20.
Govt seeks proposals for coal gasification projects under Rs 37,500-cr incentive scheme
The incentive, launched in May this year, is aimed at promoting surface coal/lignite gasification for the production of syngas and downstream value-added products such as synthetic natural gas (SNG), urea, ammonium nitrate, methanol, DME and other chemicals, thereby enhancing the country's energy security, reducing import dependence, and facilitating utilisation of domestic coal and lignite resources.
IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35E
IIFL initiated coverage on Adani Power with a 'Buy' rating and Rs 240 target price. The brokerage forecasts EBITDA to quadruple by FY33-35E due to growth pipeline. Adani Power is building significant new coal capacity, expanding its operational base. Free cash flow from operations is expected to rise substantially after portfolio buildout. The company also plans future ventures into nuclear and hydro power generation.
EL Nino to hit India's energy system harder than anywhere else in world: CREA report
India's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning. A CREA analysis predicts a potential 18 TWh generation gap, likely leading to a surge in coal-fired power and substantial CO2 emissions. The report stresses the urgency of accelerating solar and battery deployment to bolster grid resilience against extreme weather.
El Nino threatens to fuel coal power surge in India, study says
A potential super El Niño could put more pressure on India's power grid than any other country's and slow its transition away from coal, according to a new report by the Centre for Research on Energy and Clean Air (CREA).
Coal India wins Rs 2,831 crore solar project order from Bundelkhand Saur Urja
Coal India advanced 1.01% to Rs 439.15 after the company announced that it has received a letter of award worth Rs 2,831.11 crore from Bundelkhand Saur Urja for setting up a 600 MW solar power project at Jalaun Solar Park in Uttar Pradesh.
Coal India's SECL strengthens monsoon measures for uninterrupted supply
SECL, a Coal India subsidiary, has implemented robust monsoon preparedness to ensure uninterrupted coal supplies crucial for India's energy security. The company achieved its best-ever first-quarter performance in production and offtake, with a significant portion directed to power utilities. SECL's extensive operations across Chhattisgarh and Madhya Pradesh underscore its vital role in meeting national energy demands.
Coal India Wins Rs 2,831 Crore Contract For 600 MW Solar Project In UP
Coal India accounts for over 80% of the country's coal output.
Coal India secures ₹2,831 crore order to set up solar plant in Uttar Pradesh; all you need to know - Upstox
Coal India secures ₹2,831 crore order to set up solar plant in Uttar Pradesh; all you need to knowUpstox
Coal India wins ₹2,831 crore solar project; June e-auction allocation rate at 41%
Coal India won a 600 MW solar power project in Uttar Pradesh, while its June SWMA e-auction allocated 108.76 lakh tonnes of coal at a 42% premium over notified prices, according to provisional data.
Coal India bags Rs 2,831 crore 600 MW solar plant deal in UP
State-owned Coal India Limited has clinched a significant ₹2,831.11 crore contract to build a 600 MW solar power facility in Uttar Pradesh's Jalaun Solar Park. This massive project, split into two 300 MW blocks, will supply electricity at a fixed rate of ₹2.73 per kWh. The deal was awarded by Bundelkhand Saur Urja Limited, marking a major green energy push for the mining giant.
Coal India To Invest Rs 1,900 Crore In R&D By FY30 To Boost Clean Energy, Mining Innovation
Coal India's R&D expenditure increased four-fold to Rs 245 crore in fiscal year 2025 from Rs 61 crore in fiscal year 2024.