Contents

6 | COVER STORY

Global post-Covid stimuli banks on coal and power

A critical look at India’s effort to revive coal mining and power sector to stage a recovery to shrug off months of inactivity.

16 | INTERVIEW

“Most industries will start rethinking on their capex strategies”

V Punniyamurthy, mining head, FLSmidth discusses how to face Covid challenges.

18 Seaborne thermal coal offers mostly flat in May

19 Seabor ne coking coal offers rise in May

20 CIL’s production down 11% in April

21 India’s March coal imports down 9% y-o-y

22 SCCL’s production plunges 45.5% in April

23 Cabinet approves mine auction methodology

25 CIL starts work on CBM projects at Jharia and Ranigunj

27 | Feature

Cash crunch and competition: Coal India stares at new normal

The end of monopoly as proposed by the government would be the least of Coal India’s troubles.

29 P ower players see up to 30% drop in demand

31 April sponge iron production d own 88.9% on year

32 P ower capacity addition in February at 300 MW

33 FY20 cement production down marginally

34 Covid-19 imp act: Cheapest solar project gets cloudy

36 Use Covid-19 crisis to revamp mining sector : KPMG

39 | INTERNATIONAL

Can Indonesia’s coal industry survive Covid-19?

Steep coal price fall impairs cash-flow viability.

41 Air P roducts to invest $2 billion in Indonesian coal-to-methanol project

42 US Coal output estimated at 453 MMst in 2020

43 Traffic handled by major ports down 21% in April

44 Can Coal India reach its ambitious target of 710 million tons for FY21?

47 | EXPERT SPEAK

Opportunities for underground coal gasification

KC Jain, retired GM, CMPDI, looks at opportunities for gasification using Carbon Capture Storage/Carbon Capture Utilisation.

52 Corporate Update

54 Gover nment Update

56 E-auction data

57 Port data