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Northern region faces coal shortage
January 3, 2009 : The northern region could face large scale blackouts as most power plants in the region are facing an acute shortage of coal. Coal-fired power accounts for 75 percent electricity in north India .
January 3, 2009 : The northern region could face large scale blackouts as most power plants in the region are facing an acute shortage of coal. Coal-fired power accounts for 75 percent electricity in north India .
Neyveli Lignite to raise up to Rs 1,850 crore
January 3, 2009 : Neyveli Lignite Corp has decided to raise up to Rs 1,850 crore either through local currency term loan or external commercial borrowings or by way of issuing bonds.
January 3, 2009 : Neyveli Lignite Corp has decided to raise up to Rs 1,850 crore either through local currency term loan or external commercial borrowings or by way of issuing bonds.
PTC India forms coal JV with Singapore co
January 1, 2009: PTC India has decided to foray into coal and is looking for foreign mines.
January 1, 2009: PTC India has decided to foray into coal and is looking for foreign mines.
Jindal Power to raise Rs 7,000 cr for Chhattisgarh project
December 29, 2008: Jindal Power's (JPL) brownfield project in Chhattisgarh will be funded from domestic and international sources - bank loans, bonds and external commercial borrowing - as the company plans to raise Rs 7,000 crore in the next year.
December 29, 2008: Jindal Power's (JPL) brownfield project in Chhattisgarh will be funded from domestic and international sources - bank loans, bonds and external commercial borrowing - as the company plans to raise Rs 7,000 crore in the next year.
Singrauli to get 660-MW thermal power plant
December 29, 2008: Madhya Pradesh Rajya Khanij Nigam plans to set up a 660-MW thermal power plant in Singrauli for utilising coal from the Dongri Tal-2 block.
December 29, 2008: Madhya Pradesh Rajya Khanij Nigam plans to set up a 660-MW thermal power plant in Singrauli for utilising coal from the Dongri Tal-2 block.
Steel cos push back coking coal deliveries
by Arnab Mallick
December 29, 2008: Steelmakers are focusing on optimising in the face of the global slowdown. There has been a series of production cuts by global steel majors.
by Arnab Mallick
December 29, 2008: Steelmakers are focusing on optimising in the face of the global slowdown. There has been a series of production cuts by global steel majors.
West Bengal to lease four virgin coal mines from CIL
December 29, 2008: The West Bengal government plans to lease four virgin coal mines from Coal India (CIL) to ensure uninterrupted supply to its power plants.
December 29, 2008: The West Bengal government plans to lease four virgin coal mines from Coal India (CIL) to ensure uninterrupted supply to its power plants.
Jindal Power to hike Tamnar plant capacity
December 29, 2008: Jindal Power (JPL) has decided to raise electricity generation capacity at its Tamnar power plant by 2,400 MW to 3,400 MW over the next four years.
December 29, 2008: Jindal Power (JPL) has decided to raise electricity generation capacity at its Tamnar power plant by 2,400 MW to 3,400 MW over the next four years.
Ministry considers infrastructure needs of power projects
December 29, 2008: The Ministry of Power recently held a meeting over issues concerning power projects.
December 29, 2008: The Ministry of Power recently held a meeting over issues concerning power projects.
NMDC to spin off coal operations into JV
December 28, 2008: Public sector diversified mineral resources company, NMDC, will spin off its thermal coal operations into a separate company and induct a joint venture partner.
December 28, 2008: Public sector diversified mineral resources company, NMDC, will spin off its thermal coal operations into a separate company and induct a joint venture partner.
CIL targets 9% growth, no dearth of coal: Bagrodia
December 28, 2008: Optimistic of a 9 percent growth in Coal India Ltd (CIL) despite recession, the Centre on Saturday said there would be no shortage of coal for any industry, including small and medium scale units.
December 28, 2008: Optimistic of a 9 percent growth in Coal India Ltd (CIL) despite recession, the Centre on Saturday said there would be no shortage of coal for any industry, including small and medium scale units.
PT Bumi ups coal reserves by 18%
December 27, 2008: PT Bumi Resources Tbk (Bumi), the Indonesian mining company in which Tata Power owns 30 percent stake, has revised its coal reserves by 18 percent to 2,119 million tons from 1,800 million tons.
December 27, 2008: PT Bumi Resources Tbk (Bumi), the Indonesian mining company in which Tata Power owns 30 percent stake, has revised its coal reserves by 18 percent to 2,119 million tons from 1,800 million tons.
CIL may go solo for Mozambique coal block
December 26, 2008: Coal India Ltd (CIL) may go it alone in Africa after its ties with ICVL have failed to yield the expected results. ICVL is a venture floated by five leading PSUs, including CIL.
December 26, 2008: Coal India Ltd (CIL) may go it alone in Africa after its ties with ICVL have failed to yield the expected results. ICVL is a venture floated by five leading PSUs, including CIL.
Bhel to supply equipment to NTPC project
December 26, 2008: Bharat Heavy Electricals Ltd (Bhel) will supply and install the main plant equipment for NTPC's Mauda super thermal power project in Nagpur, under a Rs 2,100-crore order.
December 26, 2008: Bharat Heavy Electricals Ltd (Bhel) will supply and install the main plant equipment for NTPC's Mauda super thermal power project in Nagpur, under a Rs 2,100-crore order.
CIL set to finalise JV partners for mine revival
December 26, 2008: Coal India (CIL) is expected to give a final list by March 2009 for its joint venture (JV) partners in reviving abandoned mines.
December 26, 2008: Coal India (CIL) is expected to give a final list by March 2009 for its joint venture (JV) partners in reviving abandoned mines.
Brazil coal imports up 10.8% in Nov
December 24, 2008: Coal imported by Brazil in November 2008 stood at 1.62 million tons (mt), up by 10.8 percent compared to the same month last year.
December 24, 2008: Coal imported by Brazil in November 2008 stood at 1.62 million tons (mt), up by 10.8 percent compared to the same month last year.
Vietnam coal exports slip in Oct
December 24, 2008: Coal exports by Vietnam in October 2008 slipped to 1.09 million tons (mt), down by 59.9 percent compared to the same month last year with an average FOB export price of $107.86 which was up by 258.93 percent.
December 24, 2008: Coal exports by Vietnam in October 2008 slipped to 1.09 million tons (mt), down by 59.9 percent compared to the same month last year with an average FOB export price of $107.86 which was up by 258.93 percent.
Canada coal exports up 10.2% in October
December 24, 2008: Canada exported a total of 27.7 million tons (mt) of coal during October 2008, up by 10.2 percent compared to the corresponding period last year.
December 24, 2008: Canada exported a total of 27.7 million tons (mt) of coal during October 2008, up by 10.2 percent compared to the corresponding period last year.
Coal India workers to strike
December 23, 2008: Coal India Ltd (CIL) workers will go on strike for three days across the country, from January 5 next year, according to a notice served on CIL authorities by five central coal trade unions.
Source: Business Standard
December 23, 2008: Coal India Ltd (CIL) workers will go on strike for three days across the country, from January 5 next year, according to a notice served on CIL authorities by five central coal trade unions.
Source: Business Standard
Spot deals of Australian thermal coal realised
December 23, 2008: Four spot deals were realised on December 19, 2008, at the Australian thermal coal market by loading at Newcastle (Phys NEWC) of globalCOAL.
December 23, 2008: Four spot deals were realised on December 19, 2008, at the Australian thermal coal market by loading at Newcastle (Phys NEWC) of globalCOAL.
