Category: Coal

Kolkata: Coal IndiaNSE 1.03 %, a nearmonopoly supplier to the country’s thermal power plants, would raise dispatches about 9% to 530 million tonnes this fiscal year, an enhanced target analysts say should help soften power prices and substitute the solid fuel’s imports. Last year, the public-sector miner had sold 488 million tonnes of the fuel […]

By Natasha Chaku Melbourne, May 1 () A group of independent candidates for this month’s federal elections in Australia have vowed that, if elected, they would use their influence to stop the Indian energy giant AdaniNSE 0.78 %’s billion-dollar controversial coal mine in Queensland as part of their climate change action. Businessman Gautam Adani-led Adani […]

Coal IndiaNSE -0.06 % Ltd (CILNSE 8.85 %) Wednesday said its coal production in April 2019 rose by 1 per cent to 45.29 million tonne as compared with 44.86 million tonne year ago. Coal offtake during April rose 2.6 per cent to 52.35 million tonne as compared with 51.02 million tonne in the year-ago period, […]

Coal shipments handled by India’s 12 major ports saw a 10.81 per cent rise to 161.34 million tonne (MT) in the previous financial year, according to ports’ body IPA. These top ports under the control of the Centre had handled 145.59 MT of coal cargo in 2017-18. Shipments of thermal or steam coal and coking […]

Kolkata: Coal import by state government-run power producers in Gujarat, Andhra Pradesh and Tamil Nadu last fiscal was 1.4 times higher than in previous year, which some companies said was in part due to quality and logistics related issues in Coal India’s import substitution scheme. NTPC’s import rose threefold to 960,000 tonnes. Gujarat State Electricity […]

KOLKATA: Coal India has handed over Rs 1,131 crore to Life Insurance Corporation of India for managing a recently introduced pension scheme that covers 16,000-odd working and retired executives of the stateowned coal mining firm. A trust has been created by the company to handle the Coal India Executive Defined Contribution Pension Scheme, 2007, and […]

NEW DELHI: India’s coal import increased by 8.8 per cent to 233.56 million tonnes in 2018-19, according to a report. Coal imports were at 214.61 MT in 2017-18, according to provisional data by mjunction services, based on monitoring of vessels’ positions and data received from shipping companies.

Jindal Steel and PowerNSE -3.78 % Ltd (JSPL) Tuesday refuted allegations of not reporting to the investors issues related to its mines in Australia and termed the charges as “false facts”. “Arun Kumar Jagatramka erstwhile promoter of Gujarat NRE Coke Ltd, has made an extremely shallow attempt by writing a flimsy defamatory piece and the […]

Indian energy giant Adani has urged the Australian government to give its controversial coal mine project “a fair go” and indicated that the opposition party would not derail the proposed billion dollar project if it comes to power. Gautam Adani-led Adani Group entered Australia in 2010 with the purchase of the greenfield Carmichael coal mine […]

S. K. Sadangi, has taken over as chief vigilance officer of Coal IndiaNSE -0.48 % on Wednesday. A 1988 batch Indian Railway Stores Service (IRSS) officer, Sadangi holds a B Tech degree from IIT and has completed his master’s in public policy from National University of Singapore and Kennedy School of Government, Harvard, USA. Sadangi […]

KOLKATA: Coking coal prices are expected to moderate going forward and are unlikely to sustain at the current high levels, according to a latest research note by ratings agency ICRANSE -0.06 % Limited. With steel prices sliding from the highs of calendar year 2018 due to trade tensions and a slower pace of economic growth, […]

Gautam Adani-led Adani Group could start construction of its ambitious and controversial Carmichael mine and rail project in a “few weeks” as the project has received most approvals from the Australian government and only two key state approvals are needed, Lucas Dow, CEO — Mining at Adani Australia, told ET in a telephonic interview. There […]