Coal news and updates

Updated daily

• Government approves payment of Rs 216 crore to lenders of cancelled coal blocks

  26 Jul 2016

  The government has approved payment of Rs 216 crore to lenders of cancelled coal blocks, which i... . ...Read More

• CAG suspects 1st e-auction of coal blocks was rigged with multiple biddings

  26 Jul 2016

  Multiple bids by corporate groups made through joint ventures or group arms may have limited the c... . ...Read More

• Essar Power may sell plants in Gujarat to pare debt

  25 Jul 2016

  Burdened by Rs 20,369 crore of debt, private utility Essar Power is looking to sell two of its gas... . ...Read More

• SCCC to buy Sri Lanka cement firm from LafargeHolcim unit for $374 mln

  25 Jul 2016

  Siam City Cement Pcl (SCCC) , Thailand’s second-largest cement maker, said on Monday it has ... . ...Read More

• Lower costs boost profit margins for Heidelberg Cement

  25 Jul 2016

  HeidelbergCement India Ltd, the Indian arm of the German cement maker, turned out better-than-expe... . ...Read More

• Burning coal for gas in UK seabeds would flame pollution, says report

  25 Jul 2016

  lans to set fire to coal under the seabed at up to 19 sites around the UK would cause significant ... . ...Read More

• Not all coal rallies are equal as quality grades shine: Russell

  25 Jul 2016

  Not all coal rallies are created equal, with fairly stark differences emerging in the gains this y... . ...Read More

• Thermal coal — early signs of recovery?

  25 Jul 2016

  In a reversal from the decline since 2011, thermal coal prices have shown some stability in 2016. ... . ...Read More

• Power supply deficit 0.9% in April­June quarter

  22 Jul 2016

  Overall power deficit was 0.9 per cent in the April­June quarter of this fiscal as 292.82 bi... . ...Read More

• Shree Cement to set up Rs 600 crore cement plant in Jharkhand

  22 Jul 2016

  Shree Cement, mid-sized cement manufacturer with operations in multiple states, has on Wednesday s... . ...Read More

• Ambuja Cements gets CCEA nod to buy 24% stake in Holcim India

  22 Jul 2016

  The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Ambuja Cements Ltd’s ... . ...Read More

• EDF looks to future without coal trading

  22 Jul 2016

  From a nondescript office block close to London’s Victoria station, EDF, the French utility ... . ...Read More

• Coal stock position showed improvement: Goyal

  22 Jul 2016

  The coal stock position at power utilities firms showed improvement at 35.92 million tonnes on Apr... . ...Read More

• False Dawn for Coal

  22 Jul 2016

  Coal has been having a bit of a moment. The laggard among major raw materials after the Bloomber... . ...Read More

• Indian Power Plant Makers See Poor Orders for Next Two Years

  21 Jul 2016

  India’s power plant builders see weak orders for at least two years as lack of capital and s... . ...Read More