December 1, 2008: Since the beginning of 2008, the stock position of PT Adaro of Indonesia has been following a fluctuating note.
December 1, 2008: PT Adaro of Indonesia produced 3.32 million tons (mt) of coal during September 2008, which went down by 0.8 percent compared to the figures during the same period last year.
December 1, 2008: A thermal coal spot deal was realised at $80 per ton fob with a tonnage of 30,000 tons for delivery in February 2009 at the Australian thermal coal market by loading at Newcastle (Phys NEWC) of globalCOAL.
November 30, 2008: The Indian Cabinet Committee on Economic Affairs recently gave its approval to Kakatiya Longwall Project of Singareni Collieries Company Limited for a net capital requirement of rs 453.63 crore and a total capital outlay of Rs 620.03 crore.
November 30, 2008: The Maharashtra State Power Generation Company has requested the Western Coalfield Ltd to restore coal linkages to it from the mines of Vidarbha instead of Orissa. Access to coal from mines within the state would help the MSPGCL optimize its operations and also improve the inventory.
November 30, 2008: Mongolia Energy Corporation, a coal and energy resources developer in Mongolia, will start mining operation to produce 3 million tonnes of coking coal a year in mid 2009, to meet the growing demand in the Xinjiang Uygur Autonomous Region of China.
November 29, 2008: Central Mine Planning and Design Institute Ltd (CMPDIL), the only agency to undertake exploration of coal reserves in the country, is outsourcing about 10 lakh meters drilling task to other companies. This move will help to speed up production of coal for power and steel sectors.
by Sarbani Haldar & Arnab Mallick
November 28, 2008: West Bengal State Electricity Distribution Company (WBSEDCL) is aiming to achieve a turnover of Rs 7,500 crore from distribution and Rs 634 crore from transmission this year.
by Coal Insights Bureau
November 28, 2008: Vietnam's government department said in the last week of October, that the country's estimated coal production in the first 10 months of 2008 is around 34.2 million tons (mt).
by Coal Insights Bureau
November 28, 2008: Falling prices of scrap steel have adversely affected the domestic shipbreaking industry.
by Arusha Das
November 28, 2008: Singareni Collieries Company (SCCL), India's second largest independent coal producing company after Coal India Ltd, is all set to get a host of powers to take independent decisions so far as investments and expenditures are concerned.
by Rakesh Dubey
November 28, 2008: Steel Authority of India (SAIL), the world's 19th largest steel producer, has planned to increase its hot metal production to 62 million tons (mt) by 2019-20, but to reach that level it will also need a huge amount of coking as well as non-coking coal.
by Nudrat Alim
November 28, 2008: Queensland in Australia, apart from being the second largest state of the country, is significant also because of its high quality coal deposits.
by Coal Insights Bureau
November 28, 2008: India failed to achieve its energy generation target marginally again in the month of October 2008, according to a recent Central Electricity Authority (CEA) report.
by Coal Insights Bureau
November 28, 2008: The country's second electronic exchange for trading of power, Power Exchange India (PXIL), promises to bring transparency to buyers and sellers of power and aims to provide easy access on the electronic trading platform.
by Coal Insights Bureau
November 28, 2008: National Thermal Power Corporation (NTPC) is planning to enter the cement manufacturing sector to utilise fly ash from its power plants in a better way and reduce the risk of environmental hazards.
by Coal Insights Bureau
November 28, 2008: Nuclear Power Corporation of India (NPCIL) has decided to shift its focus overseas after the 123 Agreement was signed at the beginning of October between India and the US.
by Coal Insights Bureau
November 28, 2008: India companies imported about 3.80 million tons (mt) of thermal coal between September and October. The Tata Power Company Ltd, once again emerged as the largest importer during the period, according to a data compiled by Coal Insights.
by Coal Insights Bureau
November 28, 2008: National Mineral Development Corporation (NMDC) on November 18 signed a memorandum of understanding with West Bengal Mineral Development & Trading Corporation (WBMDTC) to explore and mine the Deocha-Pachami coal block in Birbhum district of West Bengal.
November 28, 2008: Some 1,400 million tons (mt) of coal has been confirmed in the area identified by the Coal India Ltd (CIL) for setting up the $2.5-billion Durgapur Aerotropolis project.