Lower merchant power rates and higher coal prices would ensure sustained pressure on profitability of non-integrated companies.
FlashNews:
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Air India Adds Fourth Daily Delhi-London Flight, Expands UK Network for Winter 2025
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India Flags Third VLGC ‘Shivalik’ as Maritime Push Gains Momentum
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Privatisation plan revived
Union Coal Ministry has decided to renew a decade-old proposal of opening up the sector for private investors in order to boost production in the sector.
Land acquisition on fast track
The coal ministry will set up a committee with time-bound targets, to speed up land acquisition and statutory clearÂances for projects as part of its plan to boost production in 2011.
NMDC to acquire coal mine
NMDC's has moved closer in its bid to acquire a coal mine in the US which will feed its proposed steel plants in India.
Acute coal shortage says CIL
Power generation projects with investments to the tune of Rs 75,000 crore are facing a threat—an acute shortage of domestic coal.
Policy to connect mines faster
The Ministry of Railways has announced a new policy for conÂnecting coal and iron ore mines by rail.
Expertspeak: New plan needed to achieve Agenda goals
Tuticorin port recently beat its own record, handling 24,550 mt of pet coke in a single day, but we will need many more record-breakers if we have to achieve the Agenda goals.
7 blocks and 20 washeries
The Coal Ministry has identified seven blocks for development of underground coal gasification (UCG) to promote clean technologies in coal mining.
Captive coal blocks: Capturing future scarcity today
The coal ministry is expected to table the Coal Regulatory Authority Bill in the Parliament in the ongoing Budget Session. If passed, it would mean a new era in transparency in captive coal block allocation.
Cil ups prices by 12 per cent
Coal India hiked prices of different grades of coal by an average 12 per cent for some of its consumers, increasing its revenue by Rs 6,000 crore a year.