Puri visits Hanwha Ocean's shipbuilding facility in South Korea (See 'Corp Brief') IPR - Mere fact that any mark consists of numbers does not, in itself, make it unregistrable: HC (See 'Legal Desk') IndiaAI Zone unveiled showcasing India's Journey from Action to Impact (See 'Corp Brief') IPR - Counterfeiting not only harms brand reputation but also misleads consumers, making strict legal action necessary to deter such unlawful practices: HC (See 'Legal Desk') Puri holds Shipbuilding Meetings to boost India's Maritime Vision (See 'Corp Brief') AAI showcases future of Aviation at 44th India International Trade Fair 2025 (See 'Corp Brief') India-Canada Ministerial Dialogue on Trade and Investment concludes (See 'Corp Brief') DFS Secy calls for greater collaboration between hospitals and insurers (See 'Corp Brief') Reddy Chairs Marathon Review Meeting of Coal Sector (See 'Corp Brief') Company Law - Company can prosecute any of its officers and when any officer of Company is to be prosecuted, then Section 439 of Companies Act would not be applicable: HC (See 'Legal Desk') 'Cohort Connect 2025' to be India's Largest evidence-based study on Genetic (See 'Corp Brief') Global Energy Leaders' Summit Logo and Website Launched (See 'Corp Brief') India and Canada Hold 7th Ministerial Dialogue on Trade and Investment (See 'Corp Brief') Under MCX Alliance C-DOT extends supports to Start ups (See 'Corp Brief') IPR - 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purpose of imposing conditions while granting bail is to secure presence of accused during trial & not to curtail personal or professional liberty: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT)

Coal production touches 448 mn ton in October

Published: Nov 24, 2022

By TIOLCorplaws News Service

NEW DELHI, NOV 24, 2022: THE total coal production in the country stands at 448 million tonnes (MT) as of October, 2022 which is 18 % higher than the production of the corresponding period of last year.  The growth of coal production from Coal India Ltd (CIL) is also more than 17%.  The Ministry of Coal is planning to build stock at domestic coal-based plants to the tune of 30 million tonne by the end of November, 2022.  It has plan to keep building the stock so that by the end of 31 st March, 2023, Thermal Power Plants (TPP) stock go up to 45 million tonnes.  It is further planned to enhance coal stock at the pithead. 

During the first seven months this year, there is 9 % growth in average rakes per day availability which is helping to transport higher quantity of coal and building up stocks at power plants.  Ministry of Power is also augmenting transportation of coal through rail-cum-road mode.  CIL has communicated quota for RCR mode of lifting to all the power generating companies for next eight months.  This will help power generating companies to plan transportation logistics in advance.  

Ministry of Ports, Shipping and Waterways, Ministry of Power, Railways and Coal are working together to promote transportation of coal through sea route.  So far transportation of coal from MCL to Paradip by rail and thereafter to power plants on Eastern Coast is being made through rail-sea-rail route.  Government is promoting transportation of coal from coal mines in eastern parts of the country to power plants located on the western coast or northern parts of the country.  Accordingly, capacity of coal transportation to Paradip is being augmented.  It is planned to start movement of coal for western coast plants through RSR by early next year.  Government is planning to promote transportation of coal through all three possible modes.

Ministry of Coal is closely monitoring issues related to production, transportation and quality of domestic coal.

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