Mining major Coal India (CIL) has said it had appointed the Power Finance Corporation (PFC) to select a suitable partner and operator for its proposed 1,600-MW power project in Orissa. “We have appointed PFC to identify ...
PSUWith the disinvestment programme of the government virtually coming to a halt, coal PSUs may pick up stakes in other public sector units to help the government meet its target of Rs 40,000 crore, a top ...
India looks set to keep searching for overseas coal. Though the country has the world’s fourth largest reserves, environmental restrictions mean production is struggling to keep up with demand from coal-hungry power stations. That explains why ...
Amid a severe disruption of electricity supply in different parts of the country due to an acute coal shortage, the government today said it has advised coal companies to ensure priority movement of the dry fuel ...
Looking to buy 2-3 properties overseas by year-end, state-owned NMDC is likely to put a bid for acquiring 100 per cent stake in Russia’s Vincy Coal in two or three days. Bid for Vincy Coal, which ...
Workers at Coal India Ltd (CIL), the world’s biggest producer of the fuel, may go on strike for three days, demanding an increase of as much as 57 per cent in bonus payments, a union official ...
Indian developers of urgently-needed, 4 GW plus power plants are delaying works until they are freed from loss-making sales contracts, a move which could slow the country’s rapid coal import growth for 6-12 months, power firm ...
As a result of the ongoing strike in Andhra Pradesh over the Telangana statehood demand, the state is staring at an unprecedented power crisis now. Owing to the strike, the coal stocks at the power generation ...
London-listed Essar Energy plc said that, it had been allocated coal from the Amelia coal block in Madhya Pradesh for fuel supplies to the firm’s 1,200 Mw Mahan-I power project. The allocation of a share of ...
Coal India (CIL) Chairman NC Jha has said production in August and September was hit by rain, but expressed hope that the projected target of 452 million tonne for the entire fiscal will be met. There ...