While the soaring prices of spot power are in the news, the shortage of coal seems to be getting less attention. Estimates from the Central Electricity Authority (CEA) put the stock of coal at 45 power p... Read More.
Met coal prices are currently underpinned by strong margins for steel prices and limited additional coking coal supply, as well as ongoing logistical constraints in the US and Australia, Seaport Global s... Read More.
State-run thermal power plants in coastal states have begun buying overseas coal due to domestic coal shortages, government and utility officials said, in a setback for the country's long-term plans ... Read More.
Coal India is set to increase supplies by at least 15 million tonnes annually in the next few weeks, with three new rail projects linked to high-capacity mines almost complete, company executives said.&n... Read More.
China’s iron ore and other steelmaking raw materials slipped for a second session on Thursday, while analysts said they expect softer demand in the coming months as the country shifts its focus fro... Read More.
Poland is set to increase thermal coal imports in 2018, owing to a lack of domestic supply, with Russian material likely to prevail because of its freight advantages, market sources said Thursday.
NTPC has come to the rescue of the Bihar government by taking stake in three power projects there; two projects are under construction and the third has been identified as a stressed asset.
The Indian government's 12 major ports handled 9.71 million mt of thermal coal in April, the first month of the current fiscal year 2018-19, up 24% year on year, Indian Ports Association data release... Read More.
China produced 293 million tonnes of coal in April, up 4.1 percent from the same month a year earlier, data from the National Statistics Bureau showed on Tuesday, as miners ramped up domestic supplies af... Read More.
Japanese trading house Mitsubishi Corp on Tuesday said its profit for the last financial year jumped 27 percent to record levels due to stronger prices for coking coal and other commodities, while foreca... Read More.
South African thermal coal prices rose Wednesday as lingering supply issues coupled with talk of increased buying from national utility Eskom kept sentiment bullish in the market.
The state-run Bangladesh Power Development Board (BPDB) and China Huadian Hongkong Company Limited (CHDHK) have signed an agreement to form a joint venture company to set up a coal-based power plant with... Read More.
Without any coal supply from the feeding mine for the last 10 days, the 3,000 MW NTPC, Kaniha plant has entered the supercritical stage with a stock for only two days. A power plant becomes supercritical... Read More.
Anglo-Swiss multinational Glencore said Friday that it completed the acquisition of 49% interest in Yancoal's Hunter Valley Operations thermal coal mine in New South Wales, Australia.
Indonesia's Ministry of Energy and Mineral Resources set its May thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $89.53/mt, down 5.5% month on month, but up 7% year on yea... Read More.
Adani’s coal-fired power business has reported more heavy losses, prompting the Indian conglomerate to announce it would shift away from using expensive imported coal.
As many as 32 power plants out of 114 in India have coal stockpiles that will last for seven days or less, a situation not seen in several months, as generating stations unexpectedly stepped up capacity ... Read More.
State-run Coal India Ltd. revved up fuel supplies to power plants by 14.4 per cent to 40.30 million tonnes in April compared to the same month last year ahead of the monsoon season, according to an offic... Read More.