Coal articles

‘Coastal shipping of coal to double’

Coastal transportation of coal is expected to near double to 63 million tonnes per annum (MT) by in six years, Crisil Research said today. “Crisil Research estimates coastal transportation of coal to increase to 63 million tonne per annum (mtpa) by fiscal 2023, from 32 mtpa as of fiscal 2017 as structural bottlenecks ease,” it

‘Coal-liasoning agents rigged bids’

The Competition Commission of India (CCI) has said that Nair Coal Services, Karam Chand Thapar & Bros and Naresh Kumar & Co colluded to eliminate competition for tenders floated by Maharashtra State Power Generation Company for coal-liasoning work. Taking a serious view of the collusive conduct of the coal-liasoning agents, the commission has imposed penalty

Shocker: Price of power-grade coal hiked

Coal India on Tuesday announced one of its sharpest price hikes for power-grade coal, a move that will boost its annual revenue by Rs. 6,421 crore. The hike comes on the back of Rs. 50-a-tonne levy, announced in December, that will net Rs. 2,500 crore a year. A CIL official put the average price rise