The government is working on a new method to auction mining leases to match commodity price cycles and investor appetite.
A new environmental campaign to stop the development of Adani Group’s $16.5 billion coal mine in Queensland will be launched on Wednesday with the high-profile backing of former Australian Greens party leader Bob Brown.
China’s clampdown on new coal projects and a reluctance by backers to provide further funds in India are mainly responsible for last year’s drop in the amount of coal-powered generation capacity under development
In the dusty scrub of the Thar desert, Pakistan has begun to dig up one of the world’s largest deposits of low-grade, brown, dirty coal to fuel new power stations that could revolutionize the country’s economy.
Since 2000 or so, China along with, to a lesser extent, India and other developing nations has been on a coal binge, building coal-fired power plants at a breakneck pace.
State-owned lignite miner Gujarat Mineral Development CorporationBSE 4.19 % (GMDC) will be a direct beneficiary of the Goods and Services Tax (GST) which is expected to be implemented from July.
Construction of new fell sharply last year due to a clampdown on projects in China and less finance available in India, a report by three environmental groups said on Wednesday.
The amount of new coal power being built around the world fell by nearly two-thirds last year, prompting campaigners to claim the polluting fossil fuel was in freefall.
The loss of two coal blocks for the second time following a Delhi High Court judgement last week has put the investments of Jindal Power Limited (JPL) under stress.
Coal India is considering producing petroleum oil at its Chatra coal mine in Jharkhand. Petroleum oil from coal is part of the state-run coal behemoth’s diversification plan and it will soon invite an expression of interest for it