Updated daily
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Chinese coal price war to dampen coal imports
29 Aug 2013* China domestic coal prices down 14 pct this year
* Jefferies sees prices falling further -analyst
* Coal stocks at 300 mln T, 11 pct higher than year ago
Chin... Read More. -
Call coal unions' bluff to boost disinvestment
29 Aug 2013Employees of the Coal India Limited (CIL) seem to be determined to frustrate the government’s bid to disinvest a portion of its shares in the public sector behemoth. The notice for a three-day strike... Read More.
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Coal ministry SOS to steel ministry on missing files
29 Aug 2013Days after Coal Minister Sriprakash Jaiswal told Parliament that 15 files about the controversial allotment of coal blocks were ready to be handed over to the CBI, the coal ministry has sent an SOS to the ... Read More.
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157 coal block applications gone, probe may suffer
29 Aug 2013The ministries of coal, power and industry have drawn a big blank on all the missing 157 applications by private companies who applied coal blocks before 2004 but did not get any allocations. By all accoun... Read More.
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Block de-allocation to hit economy: Government to SC
29 Aug 2013The government has told the Supreme Court that de-allocation of coal blocks will have an adverse impact on the economy, particularly the banking sector, as companies have invested a total of Rs 2,86,677 cr... Read More.
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Govt to rethink coal price pooling
29 Aug 2013The government is likely to reconsider coal price pooling yet once again, with the parliamentary standing committee on coal and steel opposing pass over of imported coal prices to end (power) consumers.
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India's pithead vendible coal stocks fall further y-o-y
29 Aug 2013August 29: India's pithead vendible coal stocks fell by 26.64% as on July 31, 2013 compared to that on July 31, 2012, according to provisional data available with ICMW.
The stoc... Read More. -
India's June coal output falls as rain hits mines
26 Jul 2013
India produced 3 percent less coal in June from a year earlier, as heavy rain hit mine operations, prompting the world's third-largest producer to log
its worst monthly output this year.... Read More. -
Japan Coal Energy Centre conducts studies on 8 power units
26 Jul 2013Japan Coal Energy Centre (JCOAL) has conducted efficiency studies on eight power generation units including that of NTPC, AP Genco and DVC and sees potential to improve performance.
Read More.
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JSW Energy eyes overseas coal assets to boost fuel security
26 Jul 2013JSW Energy today said it is exploring opportunities to acquire overseas coal mining assets to achieve fuel security for its power projects.
The power producer, which has an installed generat... Read More. -
Putting captive coal to work
26 Jul 2013The 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.
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H1 coal sales up 20% at Jakarta-based Bukit Asam
24 Jul 2013State-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 2013Jury 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.
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NTPC to inject Rs 8,900 cr in captive coal mines
24 Jul 2013NTPC 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 2013There 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.
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CIL to hire consultant to assess risks to company
23 Jul 2013State-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.
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A brand new role for coal
23 Jul 2013Not 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.
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Auctioned blocks may be sold only after output begins
23 Jul 2013The 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.
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Power sector idling capacities
23 Jul 2013he 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 2013State-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.