The power ministry has finally framed new rules to get electricity supply from independent power producers in lieu of dry fuel, which is aimed at offering more freedom to states to use their allocated coal.
World’s largest coal producer Coal India today said the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore.
Coal India (CIL), the monopoly producer of the fuel in India, will hire about 4,800 business graduates over the next five years as it seeks to cement its global leadership status while scouting clean-energy revenue options.
India’s experiment with commercial mining of coal could face a red flag from the industry, which is concerned about the regulated market and stiff competition from state-owned Coal India (CIL)
Union minister of State for Power, Coal, New and Renewable Energy, Piyush Goyal, has many feathers in his cap — the latest being renewable energy — particularly solar energy.
Mining giant BHP Billiton reported Tuesday a dramatic rebound in half-yearly profits on the back of surging coal and iron ore prices and improved productivity.The underlying profit of US$3.2 billion and earnings before tax of US$9.9 billion for the last six months of 2016 exceeded expectations.
The government’s top brass, led by Finance Minister Arun Jaitley, will brainstorm on Thursday on how best it can push large-scale adoption of electric vehicles in the country, ahead of the rollout of FAME India.
Prices for Chinese rebar steel, coke and coking coal rose for a second day on Tuesday, boosted by possible curbs on coal production capacity and the suspension of North Korean coal imports.
China will launch a nationwide safety check on all coal mines as miners convene in Beijing to discuss a curb on supply, the official People’s Daily said.
Capacity utilisation of coal-fired power plants has risen to 60.5 per cent in December from a low of 52 per cent in August, a significant growth after years of decline, official data shows