Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China, which have until recently been pillars of strong demand.
Tag: Coal
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Coal production up in 2014-15: Goyal
Coal production increased from 556.4 MnT in 2012-13 to 610.8 MnT during 2014-15, Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy, said.
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States to put 82 blocks for auction by Oct-Nov: Mines Secy
The 12 mineral producing states will put 82 mining blocks containing minerals such as iron ore, bauxite, limestone under the hammer by October-November this year, according to a top government official.
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7 more coal blocks operational: Piyush GoyaL
Seven out of 67 coal mines auctioned and allotted recently have begun operations while the remaining blocks
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Coal imports may drop 3% : Govt
India could import 3 per cent less coal this financial year despite a jump in demand, Coal Minister Piyush Goyal said.
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India´s infrastructure sector performance improved in FY15
India´s infrastructure performance in 2014-15 was better than the previous fiscal as production of inputs, including power, steel, coal and cement moved up.
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Coal Ministry to finalise model for contracts
The Centre will need to have a proper contract model in place before it starts auctioning commercial coal mines, the coal ministry officials indicate.
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India inks pacts on renewable energy
The Ministry of New and Renewable Energy has signed Memorandum of Understandings (MoUs) with 12 countries during the last three years
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A Versatile Genius
Sanjay Aggarwal, Managing Director, Fortum India, has assumed the responsibility of initiating and developing a future growth platform for Fortum in India.
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Coal auction for commercial mining likely this fiscal
The government said it is likely to auction coal blocks for commercial mining this financial year and is working out details for the same.