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Coal case: Koda plea seeking summoning of former PM to be heard on Sept 2

August 28, 2015

Former Jharkhand Chief Minister Madhu Koda’s plea seeking summoning of former Prime Minister Manmohan Singh and two others as additional accused in a coal scam case will be heard on September 2, a Special Court today said.

Appalachian Coal country wants Republican nod for federal aid

August 28, 2015

A small but growing number of Appalachian coal communities are urging Republicans in Congress to support a proposed $1 billion federal aid program from the Obama administration to save local economies ravaged by the decline of the coal industry.

Coal block allocation fourth round; formalities in last stage

August 28, 2015

Coal and Power Minister Piyush Goyal today said the process and formalities of the fourth round of coal block auctions are in the last stage. 
 

Coal India Limited faces fast depleting manpower reserves

August 27, 2015

As it plans to double its output, Coal India Limited is faced with a major human resource crisis, a recent organisation-wide study has revealed.

Global Coal price on the downslide

August 27, 2015

The sharp decline in the prices of coal to five-year low at $42.55 per tonne in the global market is unlikely to bring any cheer to the imported coal-based power producers. However, with cost of generation going down by as much as 35 per cent, the cases of compensatory tariff contested on basis of escalating global price of coal could stand invalid now.

Australia Coal city Newcastle backs green future; to invest in sustainable enterprises

August 27, 2015

Australia's city of Newcastle, which claims to be the world's biggest coal export port, said Wednesday it will pull money out of fossil fuel industries and invest in more sustainable enterprises. 

Qld city built on mining is now anti-Coal

August 26, 2015

The birthplace of Queensland coalmining has declared it won't support new mine operations and expansions.

Giant Coal Company Bankruptcy Reveals Secret Ties to Climate Denial, GOP Dark Money Groups

August 26, 2015

Alpha Natural Resources, one of the largest coal companies in America, was a player in major congressional election efforts last year — but you won’t find records of their corporate donations on the Federal Election Commission website or in any public record.

Attorney Hounding Climate Scientists Is Covertly Funded By Coal Industry

August 26, 2015

Christopher Horner, an attorney who claims that the earth is cooling, is known within the scientific community for hounding climate change researchers with relentless investigations and public ridicule, often deriding scientists as “communists” and frauds.

China, US seek clean Coal agreement as industry struggles

August 26, 2015

U.S. and China officials took a major step Tuesday toward an agreement to advance "clean coal" technologies that purport to reduce the fuel's contribution to climate change — and could offer a potential lifeline for an industry that's seen its fortunes fade.

Buy Coal India; target INR 439: Motilal Oswal

August 25, 2015

Coal India (COAL) is delivering impressive double-digit production growth, pleasantly surprising consumers. E-auction supplies have jumped, affecting realizations in recent months. We continue to believe that e-auction realizations would soften, and cut our realization estimate for FY18 by INR270/ton to INR1,849/ton. This should be the bottom-of-the-pit realization.
 

Decision on Coal allocation made by Manmohan Singh: Ex-Coal secretary

August 25, 2015

Former coal secretary Harish Chandra Gupta, who was last week granted bail in four different cases of coal block allocation, told the court that the final decision on making allocation in Jharkhand's Rajhara North mine was taken by then prime minister Manmohan Singh.

Thermal Coal imports soar 24% to 33 MT at 12 major ports

August 25, 2015

Imports of thermal coal jumped 24% at the country’s top 12 major ports to 32.54 million tonnes (MT) during the April-July period this year even as the government continues to announce its commitment to boost domestic output, mainly by Coal India.

Adani Group to invest $3.75 billion in Coal Gasification project in Chhattisgarh

August 25, 2015

Adani Enterprises, the flagship firm of Adani Group, has inked a pact with the Chhattisgarh government to invest over INR 25,000 crore for setting up urea and power project as well as rice bran oil extraction plant in the state. 
 

Coal mine massacre during Solidarity-era Poland to go public

August 24, 2015

Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until recently have been pillars of strong demand.

West Coast coal cartage under dispute

August 24, 2015

KiwiRail has said that it believes the pricing for the transport of Solid Energy's coal from the West Coast does not fairly reflect the cost it bears for operating the services.

China Shenhua Energy to cut unit Coal production costs by 5 per cent in 2015

August 24, 2015

China Shenhua Energy, the listed flagship of the nation’s largest coal producer Shenhua Group, aims to cut its unit coal production cost by 5 per cent this year, as it expects coal prices to stay at low levels amid a glut in the market.

Coal India to invest INR 5,900 crore, clears 3 projects of 40 mn tonnes capacity

August 24, 2015

Coal India (CIL) cleared three projects with a total production capacity of 40 million tonnes and requiring a combined investment of about INR 5,900 crore at a board meeting last week. These mines are expected to start production in a few years and will add to the company's target of achieving 1 billion tonnes in output by 2020.
 

Power Plants With Fuel Supply Pacts, Mines Eligible for Coal E-Auction

August 24, 2015

Power plants already in fuel supply agreements (FSAs) with state-run Coal India Ltd (CIL) or those having captive mines will be allowed to purchase the dry fuel through e-auction.

Coal scam: Court grants Congress MP Vijay Darda, 5 others bail

August 21, 2015

Rajya Sabha MP Vijay Darda and five others, including his son Devendra Darda and former coal secretary HC Gupta, were on Thursday granted bail by a Special Court in a coal scam case pertaining to alleged irregularities in allocation of Fatehpur (East) coal block in Chhattisgarh.


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