The government is planning to incorporate a provision in the proposal for auction of coal blocks, under which preference would be given to companies, which were willing to set up end-use industries in the State in which they would mine coal. For full story, click here
State-run miner Coal India Ltd plans to surged up to $1.25 bln by selling 10 percent through an initial public offer expected within a year. For full story, click here
The state government has urged the Central government to reserve 70 per cent of coal blocks for the power sector. For full story, click here
North Korean coal shipments to China have surged steadily this year, hinting at a deepening barter trade that makes it more difficult for the international community to pressure the reclusive state. For full story, click here
BHP Billiton, the world’s largest mining company, halted loading at the Hay Pt. coal terminal in Australia’s Queensland state because of disruption by Greenpeace protesters. For full story, click here
As per Mr Ashok Dalwai secretary of the state government’s Steel and Mines Department, with Orissa rolling out its proposed steel and power plants, the state would require nearly 100 million tonne of coal additionally every year. For full story, click here
The current stock of coal at NTPC, India’s leading thermal power producer, presents a grim picture. Of the 15 power stations operated by NTPC, five are sitting on very low stocks of coal, of which three are in a supercritical state. For full story, click here
China Mining declared that China has made progresses in building large coal production bases with 13 leading coal production bases approved by the state making up 83% of the national coal output. For full story, click here
The pending issue of appointing a regulator has been put on the 100-day agenda by the government. For full story, click here
BL declared that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its thermal plants. For full story, click here
Friday, August 14, 2009