Last Updated: Thursday, March 27, 2014, 17:13
The country's largest power producer NTPC has set a target of importing as much as 15 million tonnes of coal in the next financial year (2014-15).
Last Updated: Sunday, March 02, 2014, 14:58
Country's largest miner Coal India has issued a re-tender for import of coal with some modifications and is expecting a better response from prospective vendors.
Last Updated: Friday, January 10, 2014, 17:13
State-owned Coal India (CIL) will once again invite fresh applications from interested entities for importing coal that would be supplied to power plants under fuel supply agreements as the earlier tender floated by the PSU elicit no response.
Last Updated: Tuesday, December 17, 2013, 21:52
India's coal demand is about 600 million tonnes a year against production of 482 million tonnes by Coal India.
Last Updated: Wednesday, November 20, 2013, 17:00
State-owned Coal India Ltd (CIL) has invited applications from interested state entities for importing coal that would be supplied to power plants.
Last Updated: Wednesday, October 16, 2013, 19:15
The government will hold meetings with CIL every quarter for examining the import of fossil fuel by the PSU firm.
Last Updated: Wednesday, September 18, 2013, 19:31
"We have received interest for 15 million tonnes from IPPs (independent power producers) and state owned entities," CIL Director (Marketing) B K Saxena told shareholders at the AGM.
Last Updated: Sunday, August 18, 2013, 13:55
Despite the country having substantial coal reserves, demand for the dry fuel is much higher than domestic production resulting in increased imports.
Last Updated: Wednesday, August 14, 2013, 11:34
According to a CIL top brass, the cost of coal evacuation by private players is expected to be one third of the cost borne by the CIL itself.
Last Updated: Sunday, August 04, 2013, 13:01
Last year, the Coal Ministry had issued a Presidential directive for the first time to CIL to sign FSAs with the power producers assuring them of at least 80 percent of the committed coal delivery.
Last Updated: Monday, June 24, 2013, 21:49
With coal import bill doubling to nearly USD 18 billion in 2012-13, the Prime Minister's Economic Advisory Council (PMEAC) Monday said domestic production of the dry fuel should be increased to lower reliance on imports.
Last Updated: Saturday, June 22, 2013, 15:25
The Confederation of Indian Industry (CII) has welcomed the Union Cabinet's decision to allow power companies to pass on the cost of imported coal to consumers of electricity.
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