NTPC Limited has signed two memorandums of understanding (MoUs) with Gujarat Mineral Development Corporation Limited (GMDC) to explore strategic collaboration for utilisation of coal and lignite resources. The agreements aim to support power generation and advance clean coal technologies aligned with national energy security objectives. The first MoU provides for collaboration on utilisation of coal…
The Ministry of Coal has closed the 13th round of commercial coal mine auctions and awarded three blocks to Damodar Valley Corporation. The mines have a combined peak rated capacity of 49 MTPA. The auction process started on August 21, 2025. Forward e-auctions were held from November 20 to November 25. All three blocks offered…
The Ministry of Coal has issued vesting orders for three coal blocks, Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi, under the ongoing commercial coal block auction process. The orders follow the signing of coal mine development and production agreements on August 21, 2025. Of the three blocks, two are partially explored and one is fully…
Reliance Power Limited has entered into an agreement to sell its entire stake in five Indonesian coal subsidiaries to Biotruster (Singapore) Pte. Limited for USD 12 million. The transaction is expected to close by 30 December 2025, subject to customary conditions. It covers 100 per cent equity in PT Avaneesh Coal Resources, PT Heramba Coal…
The 56th Goods and Services Tax (GST) Council meeting held on 3 September 2025 announced significant changes for India’s energy sector. The most striking decision was the increase in GST on coal, lignite, and peat from 5 per cent to 18 per cent. At the same time, renewable energy devices, fuel cells, electrolysers, and inputs…
Union Coal and Mines Minister G Kishan Reddy has announced that the central government will establish a mineral trading exchange, modelled on the London Metal Exchange (LME), according to a report by PTI. Reddy said the platform will be developed in line with Securities and Exchange Board of India (SEBI) regulations. He noted that the…
Coal India Limited (CIL) has permitted the sale of unrequisitioned surplus (URS) electricity generated by thermal power plants using its linkage coal under long and medium-term fuel supply agreements (FSAs) in power exchanges and markets. Under earlier rules, such surplus generation could only be supplied under power purchase agreements (PPAs) and could not be sold…
Global coal power additions in 2024 dropped to their lowest level in two decades, according to a new report by US-based think tank Global Energy Monitor (GEM). Despite the slowdown, the overall coal fleet still grew, driven mainly by new capacity in China and India. GEM’s Global Coal Plant Tracker found that 44.1 gigawatts (GW)…
India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than…