Coal news and updates

Updated daily

• Indonesia ready to shut down coal-fired power plants in 2027

  02 Nov 2022

  Indonesia is ready to shut down coal-fired power plants, with a total capacity of 9.1 gigawatts, as early as in 2027, the country's Antara news agency reported, quoting Coordinating Minister for Economic Affairs Airlangga Hartarto. . ...Read More

• Alliance Resource Partners reports record coal sales prices and revenues

  02 Nov 2022

  Alliance Resource Partners, L.P. has reported substantial increases to financial and operating results for the quarter ended 30 September 2022 compared to the quarter ended 30 September 2021. . ...Read More

• NTPC to award contracts for 4.8GW coal power projects in next three years

  02 Nov 2022

  The government has asked NTPC Ltd to add capacity in the order of 7,000 plus MW (7 GW). NTPC will be spending about Rs 50,000 crore on these five projects (including Talcher), which comes to an annual CAPEX of about Rs 12,000 crore on coal power projects. . ...Read More

• Dozens of US Coal Plant Closings Delayed as Green Energy Shift Slows

  02 Nov 2022

  (Bloomberg) -- As many as 40 US coal-fired power plants that were slated to shut will run for longer than expected, with operators delaying plans to retire them as supply-chain issues and reliability concerns slow the transition to greener energy. . ...Read More

• Key Coronado shareholder doesn’t want Peabody’s shares

  31 Oct 2022

  Washington| One of the largest retail shareholders in ASX-listed coal producer Coronado Global Resources says any takeover deal by US giant Peabody using scrip instead of cash would be unappealing because it leaves investors with too much exposure to thermal coal. . ...Read More

• India mulls G7 invite to join Energy Transition Partnership to reduce dependency on Coal | Details

  31 Oct 2022

  G7 countries have asked India to join a Just Energy Transition Partnership (JETP). It aims to help finance the rapid deployment of clean energy projects in India and . ...Read More

• China coal output up 12.3% in Sept

  31 Oct 2022

  BEIJING - China's raw coal output posted stable expansion in September, official data showed. . ...Read More

• Ministries of coal, power to finalise freight cost cut plan: NITI Aayog

  31 Oct 2022

  Coal freight is the biggest source of revenue of railways, accounting for almost half of its freight basket which earned the national transporter Rs 1.43 trillion in 2021-22 . ...Read More

• Teck Resources cuts guidance for steelmaking coal; outage continues at Elkview mine

  28 Oct 2022

  One day after announcing it will exit the oilsands business by selling its stake in the Fort Hills oilsands project, Teck Resources Ltd. said it continues to face inflationary pressures and production challenges at other sites around the globe. . ...Read More

• Kyrgyzstan to purchase coal from Kazakh company

  28 Oct 2022

  Electric Stations OJSC - the main producer of electricity and heat energy in Kyrgyzstan, has signed a contract for the supply of coal from the Kazakh KarTransUgol LLP, Trend reports citing 24.kg news agency. . ...Read More

• Deal with Chinese supplier key for Transnet to haul more coal

  28 Oct 2022

  South Africa’s freight rail operator is confronting regulatory hurdles that are hindering it from contracting with a Chinese supplier of locomotives and equipment to boost capacity on its lines, its chief executive officer said. . ...Read More

• Glencore's bid to expand coal mine in New South Wales rejected

  28 Oct 2022

  The New South Wales Independent Planning Commission on Friday refused Glencore PLC's application to expand the Glendall coal mine due to the significant impact it would have on the heritage values in the region. . ...Read More

• REC, PFC to provide Rs 8,520 crore finance for 1,320 MW thermal power plant at Buxar

  20 Oct 2022

  "REC Limited and Power Finance Corporation Limited (PFC) - Maharatna CPSEs under the ministry of power -- have signed a memorandum of loan agreement with SJVN Thermal Private Ltd (STPL) for financing 2x660 MW coal based Buxar Thermal Power Plant (BTPP)," a company statement said. . ...Read More

• PLN plans to retire coal-fired power plants ahead of schedule

  20 Oct 2022

  The company intends to expedite the phase-out process by ten years with 'affordable' financing from overseas investors. . ...Read More

• Vedanta Arm BALCO wins bid for Barra coal block in Chhattisgarh

  20 Oct 2022

  BALCO's parent Vedanta Ltd. said that the subsidiary won the block bid under Tranche IV of the commercial coal block auction conducted by the Coal Ministry. . ...Read More