Coal news and updates

Updated daily

• Poland appoints former Citigroup banker to revamp coal sector

  19 Nov 2014

  Wojciech Kowalczyk, a former banker and deputy finance minister, will take the leading role in res... . ...Read More

• Manila energy dept thumbs down tax on coal-fired power units

  19 Nov 2014

  The Department of Energy (DOE) has opposed the proposed imposition of an environmental tax on coal... . ...Read More

• Uptrend in SA, Australian coal prices

  18 Nov 2014

  November 18: After a brief softening on November 14, spot prices of Australian and South African c... . ...Read More

• Record 8.079 mt coal imports by Indian utilities in Oct

  18 Nov 2014

  November 18: Triggered by a record 8.079 million tons (mt) of imports by Indian power utilities in... . ...Read More

• US Exim Bank to provide $1-billion loan to IREDA

  18 Nov 2014

  November 18: The US Exim Bank will provide a $1-billion medium and long term loan to Indian Renewa... . ...Read More

• Railways’ freight earnings up 11.38% in Apr-Oct

  18 Nov 2014

  November 18: Indian Railways generated Rs 57,012.74 crore of revenue earnings from commodity-wise ... . ...Read More

• Eicher-Volvo JV eyes mining space with new tippers

  18 Nov 2014

  November 18: VE Commercial Vehicles (VECV), a 50:50 joint venture between the Volvo Group and Eich... . ...Read More

• Coal: Oil Ministry to move Cabinet to allow private firm in CBM mining

  18 Nov 2014

  After allowing Coal IndiaBSE -0.18 % Ltd to produce natural gas from coal seams (CBM), the Oil Min... . ...Read More

• Govt bullish on Coal India, aims to ramp up production to 1bn tn by 2019

  18 Nov 2014

  With the Government having finalised the methodology for e-auction of coal blocks and planning to ... . ...Read More

• Rules for coal block auctions to have provisions to stop hoarders

  18 Nov 2014

  The rules that the government is framing for coal block auctions will have provisions to stop pote... . ...Read More

• PSUs will have say in coal block selection

  18 Nov 2014

  Public sector entities will have the freedom to select coal blocks identified for them by the Gove... . ...Read More

• Some coal blocks will be auctioned in price bands

  18 Nov 2014

  The Union government may set a price band in the auction of coal blocks bunched together for power... . ...Read More

• Adani lines up $1 billion SBI loan for Australian coal venture

  18 Nov 2014

  Adani Enterprises (ADEL.NS) won support on Monday from the State Bank of India (SBI) and an Austra... . ...Read More

• Coal rush in India could tip balance on climate change

  18 Nov 2014

  Decades of strip mining have left this town in the heart of India’s coal fields a fiery moon... . ...Read More

• Indian Prime Minister Narendra Modi to back coal, renewables in address to Parliament

  18 Nov 2014

  Indian Prime Minister Narendra Modi will invite Australia to play a key role in supplying India... . ...Read More