Coal articles

Price realisation of coal by CIL via FSA dips 3.4% in Q3

Average price realisation of coal sold by CIL through fuel supply pacts fell 3.4 per cent to Rs 1,182 per tonne in October-December in comparison to the previous quarter, Parliament was informed today. “Average price realisation of coal sold by CIL(Coal India)through Fuel Supply Agreement (FSA) for the quarters ended December 31, 2017 and September

11 mines allotted to Coal India to add 225 MT in annual output

Allocation of 11 mines to Coal India (CIL) arms – ECL, WCL and BCCL – will enhance its annual output by 225 million tonnes (MT), Parliament was informed today. CIL has requested the government for allotment of additional coal mines to Eastern Coalfields Ltd (ECL), Bharat Coking Coal Ltd (BCCL) and Western Coalfields Ltd (WCL)

Govt rushing coal to power plants to prepare for summer

The government has ramped up coal supply to ramp up buffer stock at thermal power stations in anticipation of electricity demand shooting in line with the weatherman’s prediction of an early and hot summer this year. Latest coal ministry data shows 16 power stations, or 14%, of the 112 coal-fired power plants monitored by the

Australian PM Turnbull backs Adani’s $16.5-bn mine project in Queensland

Australian Prime Minister Malcolm Turnbull on Wednesday strongly supported Indian energy giant Adani’s controversial 16.5 billion dollar coal mine in Queensland, saying the project has gone through extensive environmental permitting and should go ahead. Adani’s Carmichael mine and rail project in the untapped Galilee Basin has been held up by lack of financing and a

Adani may sell stake in Australia Carmichael Coal mine amid funding delay

The battle to build one of the world’s biggest coal mines has suffered a fresh setback after Adani Enterprises Ltd. conceded it would fail to meet a March deadline to arrange A$3 billion ($2.3 billion) in financing for the project. The December decision by the Queensland government to veto Adani’s A$900 million funding bid for

India needs more “clean coal” investors: Global coal body

India needs to do more to attract foreign investment in technologies that can cut emissions from burning coal, a global coal trade association said on Friday, given that the fuel will be a main source of electricity in the country for decades. India, the world’s second-biggest greenhouse gas emitter, has set ambitious targets to raise