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Montek for increasing coal prices

Last Updated: Wednesday, November 20, 2013, 23:20

Speaking at the KPMG Energy Conclave here, Singh said energy in India is under-priced, which has led to distortions in market.

Coal Regulatory Authority Bill to seek Cabinet approval soon

Last Updated: Friday, June 21, 2013, 16:41

The Coal ministry on Friday expressed confidence the draft bill on Coal Regulatory Authority will be approved by the Cabinet soon.

Concept of pooling prices of coal against national interest: Patnaik

Last Updated: Wednesday, May 15, 2013, 15:21

Strongly opposing introduction of pooling prices of imported coal with domestic coal, the Odisha Chief Minister said it will increase transportation costs and consequently the power tariff which is not in the national interest.

Coal producers to fix prices; Regulator to settle dispute only

Last Updated: Tuesday, May 07, 2013, 21:54

Settling the issue of fixing coal prices, a Group of Ministers (GoM)) today decided that the proposed regulator will not determine fuel rates, a job that will continue to be vested with the producers.

'Finer details of price-pooling before Cabinet in a week'

Last Updated: Thursday, February 07, 2013, 19:44

Two days after the Cabinet gave the in-principle approval for price pooling, Coal Minister Sriprakash Jaiswal Thursday said finer details of the mechanism will be put before the Cabinet within a week for final nod.

Impact of coal price pooling to be known after finalisation

Last Updated: Tuesday, November 27, 2012, 16:19

Planning Commission had said to offset the impact of high import costs, Coal India (CIL) should adopt a pooling formula on prices by combining rates of imported and domestic coal.

Adani Power reports Rs 793 crore loss

Last Updated: Wednesday, August 01, 2012, 15:52

Battling fuel scarcity and rising imported coal prices, Adani Power on Wednesday reported net loss of Rs 793 crore for the quarter ended June 30, 2012.

Drop in global coal asset valuation; ICVL sees opportunity

Last Updated: Sunday, July 15, 2012, 11:24

With sharp drop in coking coal prices, ICVL, a consortium of five major PSUs, is eyeing mines in mineral-rich countries like Australia and New Zealand at competitive valuations.

Aussie tax may push global iron ore, coal prices

Last Updated: Wednesday, March 21, 2012, 23:38

With the Australian Parliament passing a legislation to impose 30 percent tax on iron ore and coal mines.

CIL board may meet next week to consider new fuel supply pact

Last Updated: Sunday, March 18, 2012, 15:00

Coal India's board is likely to meet later this week to seek the approval for the revised standard draft of Fuel Supply Agreement (FSA).

CoalMin wants online system for granting green clearances

Last Updated: Sunday, February 12, 2012, 14:03

The Coal Ministry has asked the inter-ministerial panel to introduce an online mechanism for granting green clearance to projects, an official said.

Coal India roll backs hike in coal prices

Last Updated: Tuesday, January 31, 2012, 15:05

Coal India Ltd (CIL) on Tuesday rolled back the hike in coal prices it effected from January 1 in the face of stiff opposition from user firms, including power, steel and cement, to its new pricing formula.