The public sector Coal India Ltd. has planned to import around four million tonnes of coal within this fiscal, CIL Director, Marketing, A. K. Sarkar, said. Given the lower calorific value of Indian coal, the proposed quantum is equivalent to six million tonnes of domestic coal. For full story, click here
Coal major Coal India Limited, which meets 85 per cent of the nation’s coal demand has targeted to produce 435 million tonne of coal during the current fiscal. This is 7 per cent higher than the last fiscal’s achievement of 403 million tonnes. For full story, click here
Coal India Limited declared that it has committed to supply 313 million tonnes of non-coking coal this fiscal to the power sector as against 293 million tonnes last fiscal. For full story, click here
Nippon Steel Corp., Japan’s largest mill has declared that it will pay up to 67 percent less for semi-soft coking coal this fiscal year. UBS AG analyst Atsushi Yamaguchi stated: The price cuts for all the varieties of coking coal will have roughly a 10,000 yen ($100) a ton cost benefit per one ton of [...]
NTPC announced that it would commence coal production from its mines in Jharkhand in the second half of this fiscal. Mr R S Sharma , CMD., NTPC stated: We will start coal production from PB (PakhriBarwadih) mines in the second half of current fiscal. For full story, click here
Coal India Ltd, the country’s leading coal producer, has assured supply of 313 million tonnes of the fuel to power firms under a long-term contract for 2009-10. CIL Chairman Partha S Bhattacharyya stated: We will be giving 307 million tonnes of coal under the long-term fuel-supply agreement to the facilities commissioned till March 2009. Additional [...]
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