Coal news and updates

Updated daily

• India eyes coal import from Russia, Australia, Indonesia

  01 Jun 2022

  The govt may shortly initiate negotiations with Russia, Australia, Indonesia and South Africa to help state-run Coal India import coal at a discounted rate as an emergency measure to avoid a fuel shortage for the country’s strained power plants and create buffer stocks, two govt officials aware of the plan said . ...Read More

• China’s sabbatical from seaborne coal market hints at emphasis on self-reliance

  31 May 2022

  Even though China’s reliance on coal-fired power is not seen falling anytime soon, indications from data and policy makers suggest that the world’s largest producer and consumer of coal may be actively looking toward meeting majority of its requirements through domestic production. . ...Read More

• Germany puts coal phaseout on hold to prepare for possible Russian gas supply cut

  31 May 2022

  European countries are canceling the closure of coal-fired power plants and getting open-cast mines back to business to prevent a collapse in the energy system if Russia decides to stop supplying them with gas. Germany will keep the power generation fleet in the sector in reserve after the operating permits expire. . ...Read More

• India Plans to Reduce Coal-Fired Generation, and Mine More Coal

  31 May 2022

  India’s Power Ministry, despite the country facing shortages of electricity in recent years and as recently as the past month, said it plans to reduce the amount of power generation from at least 81 of the country’s 173 coal-fired power plants over the next four years. . ...Read More

• 15 injured after coal mine explosion in Colombia's Norte de Santander

  31 May 2022

  At least 15 people were injured after a strong explosion occurred in a coal mine in Norte de Santander, Colombia, local media reported on Monday. . ...Read More

• 15 injured after coal mine explosion in Colombia's Norte de Santander

  31 May 2022

  At least 15 people were injured after a strong explosion occurred in a coal mine in Norte de Santander, Colombia, local media reported on Monday. . ...Read More

• Mahagenco signs deal with 3 coal companies

  27 May 2022

  Nashik: The Maharashtra State Power Generation Co Ltd (Mahagenco), in order to ensure adequate backup of coal during the monsoon, has signed agreements with three companies to buy an additional 13 lakh tonne of coal for its seven power stations. . ...Read More

• Coal India Q4 Result | Net profit grows 46.3% YoY to Rs 6,715 crore, revenue up 22.5%

  27 May 2022

  The production of coal increased by 2.8 percent on year and 27.6 percent on quarter to 109 million tons (MT) of coal during the quarter. The total offtake during the quarter at 180.25 MT was higher by 9.3 percent year on year. . ...Read More

• G7: Germany urges leading role in coal phaseout

  27 May 2022

  The climate talks in Berlin are focusing not only on the war in Ukraine and Russian energy, but also how the G7 nations can take a lead on the phasing out of coal. . ...Read More

• Coal India to sell 25% stake in Bharat Coking Coal

  27 May 2022

  CMPDI achieved its highest-ever turnover of Rs 1,489 crore in FY21, with its net profit rising 64% on year to Rs 317 crore in FY21. . ...Read More

• Yancoal’s Chinese parent in lowball $2.5bn bid

  26 May 2022

  Yankuang Energy Group is considering making a bid to take full control of Australian-listed coal major Yancoal – but the offer appears to be a lowball bid . ...Read More

• Yancoal’s Chinese parent in lowball $2.5bn bid

  26 May 2022

  Yankuang Energy Group is considering making a bid to take full control of Australian-listed coal major Yancoal – but the offer appears to be a lowball bid . ...Read More

• G7 To Consider Phasing Out Coal By 2030: Draft

  26 May 2022

  The G7 group of the world’s leading industrial nations will discuss the idea of phasing out coal by 2030 and decarbonizing their power generation by 2035 when energy and environment ministers meet for a summit in Berlin from Wednesday to Friday, Reuters reports, citing a draft communique for the meeting. . ...Read More

• Coal India Q4 Profit Jumps 46% To ₹6,693 Cr

  26 May 2022

  Production of raw coal during the March quarter of FY22 increased to 209 million tonnes from 203.42 million tonnes a year ago. . ...Read More

• China’s frenzy of coal mines creates new sources of emissions

  26 May 2022

  As many as 169 new coal mines in China could add around 10 per cent to the nation's mining capacity in coming years, rather than reducing the fossil fuel as Beijing has promised, according to Global Energy Monitor (GEM). . ...Read More