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Coal price rationalisation likely early next year

Coal price rationalisation likely early next year

State-run miner Coal India may take a decision on price rationalisation of various grades of the fossil fuel early next year.   

June coal imports highest in 2014 as prices fall 

India`s imports of thermal coal, used in power generation, rose 11 percent to 14.77 million tonnes in June.

Narsing Rao to chair CIL board meet, coal price not on agenda

Coal India Chairman and Managing Director S Narsing Rao, who had submitted his resignation, will chair the board meeting in Delhi which will finalise the quarterly and annual results.

CCEA may discuss coal price pass-through mechanism Friday

The Cabinet Committee on Economic Affairs (CCEA) may take a call on coal price pass-through mechanism on Friday.

Fewer power cos may import coal via CIL due to higher cost

"Out of the 36,000 MW capacity projects for which the government has mandated Coal India to import coal on cost plus basis, less than 10 percent are willing to import coal through the utility," a Power Ministry official said.

Govt to pool coal supplies, pass on higher cost of imports

After disposing of the proposal to pool prices of domestic and imported coal, which might have made the fuel affordable to new power plants, the government will now pool supplies and pass higher import costs on to tariff, the Planning Commission said on Thursday.

Various price pooling options under consideration: Chaturvedi

Various options are being worked out for averaging the prices of domestic and imported coal to get a uniform feedstock rate in the country so as to help meet the increasing demand from the power sector.

CCEA may take up coal price pooling proposal this week

"The note on pooled prices may be placed before CCEA, (which is) likely this week," a government official said.

Coal price pooling issue to go to Cabinet

With impasse over pooling price of coal through blending domestic fossil fuel with imported coal costs remaining unresolved, the matter will now be taken up at the Cabinet level.

FSA coal price: TCI warns CIL of legal recourse

TCI is the biggest foreign investor in CIL and has a minority stake in it. It has been accusing the PSU of not protecting minority shareholders' interest and harming the company by not opposing fuel supply agreements (FSA).

E-auction gets CIL units Rs 4,929cr more than notified prices

Units of state-owned CIL earned Rs 4,929 crore more from sale of coal through e-auction in the first 11 months of the current fiscal than what they would have earned, if the fossil fuel was sold at notified prices.