The long-term fuel supply pact between the country’s biggest coal producer, Coal India, and power utilities led by navratna firm NTPC is set to miss the April-30 deadline on account of procedural delays. Coal India Chairman Partha S Bhattacharyya stated: All the issues between both the parties have been worked out and the pact is [...]
Sunday, March 15, 2009
Pike River Coal, the mining company that is looking forward to raise NZ$45 million selling shares to tide it over until coal sales start, reported that delays are likely to reduce revenue for early shipments. Managing director Gordon Ward, stated: This rights issue is to provide the working capital needed due to the delay in [...]
Continue reading "Pike River Coal delays likely to reduce revenue for early coal"
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Wednesday, April 29, 2009