Coal news and updates

Updated daily

• RBI rate cut hopes rise after Coal India share sale

  03 Feb 2015

  With inflation under control and hopes of the government reaching its divestment target, many bank... . ...Read More

• Centre wants cases against coal ordinance transferred to SC

  03 Feb 2015

  In order to avert what it described as a “complex situation” that could impact the auc... . ...Read More

• Coal Ministry sticks to initial price offer plan; bidders oppose

  03 Feb 2015

  Brushing aside opposition from thermal power, steel and captive electricity plants, the coal minis... . ...Read More

• Coal India disinvestment: LIC subscribes to 50% of shares on offer

  03 Feb 2015

  In a disclosure to the exchanges, public sector life insurer LIC of India has said that it has bou... . ...Read More

• US coal prices hit six-year low

  03 Feb 2015

  US coal prices have dropped to their lowest level in six years, as the global energy-price slump h... . ...Read More

• GVK suit shows perils of coal block compensation rider; could vary 10 times

  03 Feb 2015

  Creating uncertainty over the costs of snapping up the captive coal blocks being auctioned, the go... . ...Read More

• Coal mines shut down as Beijing forces industry consolidation

  03 Feb 2015

    China's coal output likely fell 2.5% last year, with official statistics showing Chin... . ...Read More

• Spot coal prices flat

  02 Feb 2015

  February 2: Seaborne coal prices showed a flat trend on January 30 as subdued demand from China of... . ...Read More

• Coal India’s Jan output down 1.65% y-o-y

  02 Feb 2015

  February 2: Coal India Limited (CIL), on February 2, said that its January 2015 output registered ... . ...Read More

• Coal India’s Jan off-take drops slightly y-o-y

  02 Feb 2015

  February 2: Coal India Limited (CIL), on February 2, said its off-take during January 2015 fell sl... . ...Read More

• Significant rise in CIL’s e-auction offering, allotment in Dec

  02 Feb 2015

  February 2: Triggered by a significant rise in production and higher supplies to the power sector ... . ...Read More

• NTPC posts unaudited PAT of Rs 3,074 crore in Q3 FY’15, up y-o-y

  02 Feb 2015

  February 2: NTPC Limited, the largest power utility in the country, has posted a Profit after Tax ... . ...Read More

• Government may sell another 5 per cent of Coal India to comply with regulatory rules

  02 Feb 2015

  The government plans to sell another 5 per cent of Coal IndiaBSE -1.82 % over the next few months,... . ...Read More

• Govt weighs competitive bidding for coal linkages

  02 Feb 2015

  After setting the ball rolling on coal block auctions, the government is now considering competiti... . ...Read More

• Hard bidding expected for coal mines owned earlier by Jindal Power, GVK, Hindalco

  02 Feb 2015

  The bidding for first round of auctions is expected to be fierce for coal blocks previously owned ... . ...Read More