Coal news and updates

Updated daily

• Coal India auction price at 4.5% discount to Thursday close

  30 Jan 2015

  The government has priced its sale of a stake in Coal India Ltd at a 4.5 percent discount to the T... . ...Read More

• Govt pushes to boost revenues as deficit deadline nears

  30 Jan 2015

  The government made a push on Wednesday to bolster its strained finances, offering to sell a stake... . ...Read More

• 90% of U.S. coal should stay buried to curb global warming

  30 Jan 2015

  If nations want even a 50 percent chance of avoiding dangerous global warming, they’ll need ... . ...Read More

• Queensland premier defends coal industry backing, chief justice choice

  30 Jan 2015

  Premier says: ‘we’re in the coal industry and proudly so’ as past controversies ... . ...Read More

• Whitehaven Coal targets further cost cuts

  30 Jan 2015

  Whitehaven Coal is looking to cut production costs further in an effort to get back to profitabili... . ...Read More

• Stable trend in international coal markets

  29 Jan 2015

  January 29: A stable trend prevailed in international coal markets on Janary 28 amidst indications... . ...Read More

• CIL’s December coal despatches up 5.66% m-o-m

  29 Jan 2015

  January 29: Despatches by Coal India Ltd (CIL) stood at 43.88 million tons (mt) in December 2014 a... . ...Read More

• India’s imported coal stocks at 9 ports marginally down w-o-w

  29 Jan 2015

  January 29: India's imported coal stocks at nine ports – eight major and one private &nd... . ...Read More

• Tata Power to buy NELCO’s business vertical

  29 Jan 2015

  January 29: Tata Power, on January 28 entered into a binding understanding with NELCO Limited to p... . ...Read More

• CIL’s Dec spot allotment via other platforms sharply up m-o-m

  29 Jan 2015

  January 29: Both the allotted and offered quantities of coal through the MSTC platform in December... . ...Read More

• High demand for coking coal in e-auction on other platform

  29 Jan 2015

  January 29: High demand was witnessed for washery grade (W3 & W4) coking coal offered by CIL f... . ...Read More

• No offerings of G1, G2 in Dec on other platform

  29 Jan 2015

  January 29: There were no offerings of G1 and G2 grades of coal for allotment via the e-auction pl... . ...Read More

• G3 grade meets with fair demand in Dec e-auction

  29 Jan 2015

  January 29: A fair demand was witnessed for G3 grade (GCV ranging from 6,401-6,700 Kcal/Kg) coal o... . ...Read More

• Fair demand for G4 grade coal in December e-auction

  29 Jan 2015

  January 29: A fair demand was noticed for G4 grade (GCV of 6,101-6,400 Kcal/kg) coal for allotment... . ...Read More

• G5 grade sees moderate demand in Dec e-auction

  29 Jan 2015

  January 29: There was a very strong demand for G5 grade (GCV 5,801 to 6,100 Kcal/kg) coal offered ... . ...Read More