Coal supply to National Thermal Power Corporation Limited, Kaniha was halted for about eight hours today following stoppage of mining activities at Lingaraj mine in Talcher due to agitation by Talcher Suraksha Manch. For full story, click here
India’s MMTC Ltd. will soon re-issue a tender to import 12.5 million tonnes of thermal coal with new rules aimed at enhancing competition. For full story, click here
Coal stocks with power plants in India halved from normal levels to 11 million tonnes at July 6, with many thermal plants facing uncomfortable supply positions. 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
Australian coal cargoes were bid at steady levels on Thursday as analysts declared China’s recent default on a thermal coal cargo was unlikely to mark the start of a torrent of cancellations. For full story, click here
Asia’s first deliverable thermal coal futures contract will debut on Tuesday, aiming to converge physical coal prices and derivatives. For full story, click here
To give a boost to thermal power generation, the government has set an annual coal production target of 1,055 million tonnes in the XIIth Five-Year Plan. For full story, click here
State-owned utility National Thermal Power Corporation and the leading coal producer Coal India are in advanced stages of acquiring mining assets in Mozambique, Indonesia and Australia, as the new government firms up plans to meet the growing energy demand. 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
Japanese utilities have agreed 2009 thermal coal contracts with Chinese producers at $78.50 a tonne, dip about 46 percent from a year ago but above initial asking prices from China. For full story, click here
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