In what reinforces bullish outlook on solar energy, India’s renewable power is projected to overtake coal-fired generation capacity in a decade from now.
Indonesian coal price is surging again, as China goes ahead with planned cuts in its coal production capacity, fueling demand for imports.
Japan is keen to expand its cooperation with India’s energy sector, especially in areas like technology for coal-fired generation that faces constraints due to climate change concerns.
Adani Enterprises has appointed corporate finance firm Grant Samuel to advise on funding for its multi-billion dollar coal mine in the Australian outback, two sources with knowledge of the matter said on Thursday.
Determined to bid for Dredging Corporation of India, which is being lined up by the Indian government for strategic sale as part of the disinvestment programme, Mercator is preparing to raise a credible war chest.
Tough times beckon for power plants set up in coastal areas and running on imported fuel, with the price of Indonesian coal shooting up on increased Chinese imports.
The Union power ministry’s policy for auction of long-term coal linkages can prove a real game-changer in the Indian electricity sector if state-owned utilities make use of it to harness private sector’s efficiency in generation.
State-owned NTPC has sought the advise of consultancy arm of Coal India, CMPDIL, to surrender its two coal blocks as the mines were discovered to be economically and technically unviable.
Vedanta Group’s Hindustan Zinc Ltd (HZL) is on its way to becoming a fully underground mining company by early next financial year even as it expands its zinc production capacity to 1.2 million tonne (mt) from the current level of nearly 1 mt.
CCL is one of the seven subsidiaries of Coal India Ltd.
Central Coalfields (CCL) has secured green nod for its R 1,538 crore-integrated mining and coal washery project at Konar.