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Latest News on Thermal Coal

CRISIL Research believes that prices of crude oil, thermal coal and liquefied natural gas (LNG) will be under pressure in the long term because of structural shifts like surge in supplies, move to alternate fuel, and slowing demand. This is a huge blessing for India, says the report.

Between fiscals 2009 and 2014,
cards against humanty, India’s energy import bill surged at an average 14 percent annually to USD 161 billion. This is expected to rise only 1.6 percent annually to USD 175 billion by 2019 because prices of the three commodities are forecast to decline.

Modi to dedicate super thermal power proj to nation

Aug 20, 2014 at 15:52 Source: PTI

On his arrival at Dr Babasaheb Ambedkar International Airport, the PM will proceed to Mouda, about 30 kms from here,
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Govt committed to take along all states for dvpt: Goyal

Aug 20, 2014 at 15:19 Source: PTI

“I am visiting every state concerning my departments, Energy, Coal, New Renewable Energy, to work with the states for progress,” Piyush Goyal said, adding, there should be no politics in development related matters.

NTPC plant loses 800 million units due to fuel shortage

Aug 20, 2014 at 08:58 Source: PTI

State run power major had last month informed Power Ministry that six of its power plants were battling coal shortage with stocks for less than a week.

Goyal asks CIL for action plan to liquidate 39 MT coal

Aug 08, 2014 at 16:06 Source: PTI

Goyal had yesterday informed the Lok Sabha that as on July 30, 2014, 46 thermal power plants had critical coal stock of less than seven days, of which 23 TPPs had super critical coal stock of less that four days’s requirement.

Govt pushes for more coal supply to power cos: Sources

Aug 07,
playing cards against humanity, 2014 at 21:24 Source: CNBC TV18

Government is looking at tying up FSAs with power projects of capacities of about 15,000 MW which will benefit private companies like GMR energy,
cards against humaity?, Lanco, Sterlite energy, GVK power and Indias very own public and the largest power producer NTPC amongst others.

Power projs worth Rs 36,000 cr stranded on coal shortages

Jul 24, 2014 at 17:55 Source: PTI

Efforts are being made for supplying adequate coal to power projects, the government also said. “As far as coal based thermal power plants are concerned, a capacity of 7,230 MW is already commissioned but having no coal supply.

Union Budget 2014: Thrust on infra sector a welcome move

Supply of coal for thermal projects, tax holiday for power sector, allocation of over Rs 37,000 crore for roads and focus on developing airports under PPP indicate govt’s recognition of the fact that a strong foundation of infra can only help realise a countrys economic growth.

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