Spot prices of coal in China’s top coal shipping port were steady from a week earlier, as supply remained abundant, while coal imports are expected to stay robust through the summer. For full story, click here
Coal major Mahanadi Coalfields Limited which has been accused of short supply of coal to Nalco and NTPC, has refuted the charges. For full story, click here
National Aluminium Company hopes to see its coal supply in Angul improve soon and help its captive power plants maximize their performance. For full story, click here
A 110 mw unit of Nalco’s captive power plant here was shut down yesterday due to a shortage of coal. The dip in power generation affected aluminium production, prompting company officials to discuss the coal supply issue with MCL authorities. For full story, click here
Patriot Coal Corp. declared that a key metallurgical coal customer agreed to purchase the originally contracted volumes for the rest of the year, and that its second-quarter earnings would be largely driven by the deal. For full story, click here
Forward cargoes of coal sold at or below $70 per tonne on Thursday, easing slightly as plentiful European supply kept the near-term market under pressure despite a rally in the price of oil. For full story, click here
In accordance with the centre’s new coal distribution policy, Goa Handicrafts, Rural and Small Scale Industries Development Corporation has inked an agreement with the South Eastern Coal Fields Ltd, giving the former a monopoly over supply of coal in the state. For full story, click here
India’s MMTC Ltd. announced that it has issued a tender for supply of 12.5 million tonnes of imported coal over a period of one year for various power plants of National Thermal Power Corp Ltd. 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
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 [...]
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