The government will put under the hammer coal blocks for private coal-to-gas, liquid and polychemical projects this financial year, a top official said today.
The Odisha government would auction three more mines by end of May this year, Mines Minister Prafulla Mallick said on Friday.
Concerned over linking the revenue sharing model to notified price of the state-owned CIL, private miners fear that it may jack up fuel prices.
Domestic shipping companies have a reason to cheer as iron ore exports to China witness a surge. With the overall trade scenario in terms of volumes and freight rates
The mammoth coal-fired Cheyyur electrical station was first imagined by bankers at India’s Power Finance Corporation and senior engineers across town at the Central Electric Authority
The recent grade downgrades at Coal India’s mines could hit its realisation from fuel supply agreement (FSA) by 3-5% and estimated earnings for the current fiscal year by 11-16%
The Ministry of Coal, has circulated a Discussion Paper on the subject seeking views from public and stake holders
Mining major Hindustan Zinc is geared up to report its fourth quarter results on Thursday.
NLC India Ltd has no plans to acquire coal mines overseas as the three blocks alloted to it by the government were sufficient to meet fuel requirement of its power plants, a top company official said.
Thermal power companies including NTPC, the biggest of the lot, would be paying less for their coal requirement this month onwards as the Coal Controller, after a mammoth exercise, has reassessed and downgraded quality of about 177 coal mines across the country, sources said.