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Coal news and updates

Updated daily

  • Putting captive coal to work

    26 Jul 2013

    The government has set up a committee to frame a detailed policy on surplus coal usage from captive blocks. The panel’s policy suggestions will have a bearing on private sector companies like Relianc... Read More.

  • H1 coal sales up 20% at Jakarta-based Bukit Asam

    24 Jul 2013

    State-controlled coal miner Bukit Asam sold 8.8 million tons of coal in the first semester this year, a 20 percent increase from a year earlier, corporate secretary Joko Pramono says.

    He add... Read More.

  • Thermal coal levels unlikely to improve in Q3, Q4

    24 Jul 2013

    Jury seems to be out in even before the trial in thermal coal market. Supply remaining aplenty has evened out any bubbles in built up to winter re-stocking. Despite improved buying by Europe the surge in s... Read More.

  • NTPC to inject Rs 8,900 cr in captive coal mines

    24 Jul 2013

    NTPC will invest 8,900 crore to develop its own mines and reduce the share of imported coal in its total consumption to 10% in three years from 21% at present.

    Coal imports will decline from... Read More.

  • Is CBM a pipe dream at Mannargudi in TN?

    23 Jul 2013

    There is always a big difference between private enterprise which is motivated by profit but that still serves peoples’ needs, as against political actions that show great concern for public reaction... Read More.

  • CIL to hire consultant to assess risks to company

    23 Jul 2013

    State-run Coal India (CIL) will hire a consultant to assess the risks facing the company and its subsidiaries and develop a response strategy, according to its chairman, S Narsing Rao.

    "We ne... Read More.

  • A brand new role for coal

    23 Jul 2013

    Not very long ago the Fife, Lothian, Lanarkshire and Ayrshire coalfields were producing high grade coal for power stations and Scottish industry. Colliery winding gear was a symbol of Scotland’s rich... Read More.

  • Auctioned blocks may be sold only after output begins

    23 Jul 2013

    The government plans to bar the winners of the country's first auction of coal blocks from selling the prized asset or even diluting equity, until the mine is fully developed and production begins, as ... Read More.

  • Power sector idling capacities

    23 Jul 2013

    he thermal power sector is no longer complaining about chronic short supply of fuel, chiefly coal. Instead, it is idling capacities now.

    The reason: Not insufficient demand, but the inabilit... Read More.

  • Coal India plans to acquire assets in Botswana

    18 Jul 2013

    State-run Coal India LtdBSE -0.97 % (CIL) is exploring possibilities to own coalmines in Botswana that has one of the largest coal resources in the African continent.
     
    CIL... Read More.

  • Railways’ revenues from coal down 2.88% in June m-o-m

    17 Jul 2013

    India Coal Market Watch
     
    Indian Railways transported 42.33 million tons (mt) of coal in June 2013, down 1.46% from 42.96 mt in May 2013. 
     
    Read More.