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India coal News

10 Dec 2015

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.

16 Nov 2015

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.

21 Mar 2015

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.

09 Jan 2015

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.

20 Nov 2014

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.

12 Nov 2014

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.

22 Oct 2014

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.

22 Oct 2014

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.

07 Oct 2014

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.

Australian mining

01 Aug 2014

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.

Australian mining

30 Jul 2014

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.

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