Foundational Literacy and Numeracy Assessment Test to be conducted nationwide under ULLAS (See 'Corp Brief') SARFAESI Act - Petitioner is unable to carve out any exceptional or extraordinary circumstance, which calls for interference by Court : HC (See 'Legal Desk') Bricks laid to establish 'Centre for Preservation & promotion of Tribal Culture & Heritage' (See 'Corp Brief') SAST Regulations - There is undue delay in filing of appeal and same is liable to be dismissed on ground of laches : SAT (See 'Legal Desk') Govt signs MoU with SIDBI and NIESBUD for transformation of Fair Price Shops (See 'Corp Brief') PMLA - Mere issuance of summons to another person or seeking leave of Court to file additional evidence, without there being any other sufficient material to challenge, petitioner cannot be held to be entitled to default bail : HC (See 'Legal Desk') IBC - Mr. Alok Kumar compromised his independence as RP for which his registration can be suspended for 3 months : IBBI (See 'Legal Desk') Govt to promote indigenous manufacturing and self-reliance in coal sector (See 'Corp Brief') SEBI Act - Contention that appellants would release money only after their accounts are de-freezed is patently misconceived and cannot be accepted : SAT (See 'Legal Desk') IBC - Application filed u/s 95 to initiate Insolvency Resolution Process against Personal Guarantor can be admitted as Personal Guarantor has defaulted in payment of dues within 14 days from service of demand notice : NCLT (See 'Legal Desk') Railways revenue touches Rs 2.40 Lakh Crores; over 1500 Million Tonnes of freight transported; aims 5100 Km of track laying this fiscal (See 'Corp Brief') SCRA - Even if there is technical breach and there is no misuse of client funds, nonetheless, if something is required to be done in particular manner it should be done in that fashion : SAT (See 'Legal Desk') SARFESI Act - Mere reference to property as 'agricultural’ as per revenue records is not sufficient to accept same as such for purpose of SARFESI Act: HC (See 'Legal Desk')

Coal production rises by 11.4 % to 60.42 mn ton in July

Published: Aug 11, 2022

By TIOLCorplaws News Service

NEW DELHI, AUG 11, 2022: THE overall coal production has increased by 11.37% to 60.42 million ton (MT) from 54.25 MT during July, 2022 as compared to July 2021. As per the provisional statistics of the Ministry of Coal, during July this year Coal India Ltd (CIL), Singareni Collieries Company Ltd (SCCL) and captive mines/others registered a growth of 11.12% and 44.37% by producing 47.33 MT and 9.80 MT coal respectively. However,   SCCL registered a negative growth of 32.51% during the month.

Of the top 37 coal mines, production of 24 mines was more than 100 per cent during July this year.  Another seven mines' production stood between 80 and 100 per cent.

At the same time, coal despatch increased by 8.51% to 67.81 MT from 62.49 MT during July, 2022 as compared to the previous year. During July 2022, CIL and  captive mines/others registered a growth of 8.17% % and 40.78% by dispatching  54.54 and 9.91 MT respectively.

The Power utilities despatch has grown by 17.09% to 58.45 MT during July this year  as compared to 49.92 MT in  July 2021 due to increase in power demand. Coal based power generation has registered a growth of 4.76% in July 2022. The overall power generation in July 2022 has been 4.29% higher than in July 2021.

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