Coal Investing News» india

India Seeks Mongolian Coal Acquisition

Jessica Oman — Tue, 15 May 2012 16:37:12 +0000

Mineweb reported that India is looking to secure coal supply through acquiring a coal asset in Mongolia.

Hwange Begins Coal Shipment Through Mozambique

Jessica Oman — Fri, 11 May 2012 01:52:59 +0000

Bloomberg reported that Hwange Colliery Ltd. (LSE:HWA) is shipping 60,000 tons of coal to India via Mozambique.

India Looks At Sovereign Fund for Coal Assets

Jessica Oman — Fri, 04 May 2012 23:17:17 +0000

Reuters reported that the Indian government is considering a fund to help it buy overseas coal assets.

India’s Bureaucratic Delays Stall Overseas Coal Purchases

Jessica Oman — Fri, 04 May 2012 01:36:40 +0000

Bloomberg reported that India is struggling to complete purchases of overseas coal assets due to its own convoluted approval process.

Government Orders Coal India to Establish Supply Agreements

Jessica Oman — Tue, 03 Apr 2012 21:47:28 +0000

Bloomberg reported that Coal India (BSE:533278) has been ordered to ensure coal supply to power utilities.

India Coal Tax Cut Won’t Boost Imports

Jessica Oman — Fri, 16 Mar 2012 20:46:56 +0000

Reuters reported that Indian imports of thermal coal are not likely to rise even though the import tax has been cut.

India Thermal Coal Stocks Reach Highest in Seven Months

Jessica Oman — Wed, 14 Mar 2012 00:18:00 +0000

Platts reported that thermal coal stocks in India were up as the country renews supply.

Tata Power Favoring Clean Energy Investments Over Coal

Jessica Oman — Thu, 08 Mar 2012 23:25:47 +0000

Bloomberg reported that Tata Power (BSE:500400) said it would invest in solar and wind projects before developing coal projects.

Coal India Requests More Details on Long-Term Supply Contracts

Jessica Oman — Thu, 16 Feb 2012 18:27:52 +0000

Reuters reported that Coal India (BSE:533278) said it would not commit to long-term supply deals before getting clarification on how the costs would be covered.

Coal India Asked to Obtain Long-Term Coal Supply

Jessica Oman — Wed, 15 Feb 2012 17:55:09 +0000

Reuters reported that India's government is pushing for long-term coal supply agreements to end power shortages.