India coal

Govt to auction 9 coal blocks in 4th round

Government has added another coal block to the list of mines to be auctioned in the fourth round next month, taking the total number of blocks on sale to nine.

Dec 10, 2015, 16:04 PM IST

India won't need coal imports by 2017: Piyush Goyal

In September the import of dry fuel dropped by 27.16 per cent to 12.6 MT on rise in domestic production.

Nov 16, 2015, 15:10 PM IST

India rejects low winning bids for 4 "outlier" coal mines

Although the winning bids for the nine mines were the highest in their individual auctions, they were low by comparison with the winning bids for other similar blocks.

Mar 21, 2015, 09:32 AM IST

Coal India to import around 2 LT of coal

State-owned Coal India Ltd (CIL) will import around 2 lakh tonnes of coal either next month or in March for suppling it to power plants.

Jan 09, 2015, 15:13 PM IST

India to allow foreign firms mine and sell coal: Coal secretary

India will allow locally registered foreign firms to mine and sell coal when commercial mining is permitted as part of the opening up of the nationalised industry after four decades, Coal Secretary Anil Swarup told Reuters.

Nov 20, 2014, 16:03 PM IST

Goyal says possible to stop imports of thermal coal in 2-3 years

Piyush Goyal said at a conference that India, the world`s third largest importer of coal, will nearly double its production to 1 billion tonnes by 2019.

Nov 12, 2014, 12:38 PM IST

Modi takes first bite at coal to end India's power mess

India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world`s fifth-largest coal reserves, a source familiar with the matter said.

Oct 22, 2014, 17:05 PM IST

Foreign firms with India units could mine, sell coal: Source

India could allow commercial coal mining by foreign companies if they set up units in the country.

Oct 22, 2014, 12:52 PM IST

Coal imports up 19% in September

Coal imports have increased by about 19 percent to 16 million tonnes in September over the year-ago period as power plants are facing severe fuel crunch.

Oct 07, 2014, 19:42 PM IST

India group ICVL to nearly triple coal output from mine bought from Rio Tinto

Rio Tinto said on Wednesday it would sell the Benga mine and other projects in Tete province it bought via a $4 billion acquisition of Riversdale Mining in 2011 for just $50 million to the group.

Aug 01, 2014, 09:55 AM IST

ICVL to buy Rio Tinto's coal assets in Mozambique for $50 mn

The acquisition will be the first of ICVL since its inception in 2009.

Jul 30, 2014, 13:10 PM IST