Hundreds of workers at a South African coal mine owned by the Guptas, a family closely associated with ex-president Jacob Zuma, have gone on strike over uncertainty about the company’s future.
Caught between logistical bottlenecks and surging demand from power plants, India will likely increase coal imports in 2018, industry executives said, in what would be a setback to the government’s plans to cut the country’s dependence on foreign supplies.
National trade unions today opposed the government’s decision in allowing private firms to mine coal for commercial use.
India needs to do more to attract foreign investment in technologies that can cut emissions from burning coal, a global coaltrade association said on Friday, given that the fuel will be a main source of electricity in the country for decades.
A severe shortage of coal, caused primarily due to non-availability of railway rakes, has emerged as a major hurdle for the newly-established Bongaigaon Thermal Power Station (BTPS) of the public sector giant National Thermal Power Corporation’s (NTPC), especially with its third unit ready for commissioning.
India’s coal demand is expected to stay high with electricity generation capacity forecast to grow, speakers at the Coaltrans India Conference in Goa said Tuesday.
Indian resources conglomerate Adani Enterprises Ltd is looking to buy mines in countries such as Indonesia, a company executive told Reuters on Wednesday, despite its struggles to develop a controversial coal project in Australia.
At a time when the Central government is battling the problem of low coal stocks in over 50 power plants in the country, a study by Coal India Ltd (CIL) has listed out the headwinds impacting the coal sector.
It was always obvious that Donald Trump would never be able to keep his promise – made both as candidate and president – that he would bring coal jobs back to battered mining communities.
Our Bureau The thermal power plants’ demand for coal will be met by adequate supplies in the next financial year, said Piyush Goyal, Minister for Coal and Railways.