Vedanta is currently working on the ramp-up of the Lanjigarh refinery
Allowing 100% FDI in commercial coal mining doesn't augur well for the sector at a time when global capital is fleeing coal
From rationalising GST rates for 5-star hotels to FDI in coal mining, here are the top 10 business headlines on Wednesday
Company blames Coal India and Centre's no-import policy
Tata Power, through its subsidiaries, holds 30 per cent stake in PT Kaltim Prima Coal and a 26 per cent stake in PT Baramulti Suksessarana Tbk mines in Indonesia
Public hearing for developing the coal block postponed again
The ministerial goal this year is just 5 mt over the aspirational target which the world's largest coal producer had set for itself in 2018-19
The company's overall output makes up about 26 per cent of the total coal produced by CIL
The coal stock at power units stands at an average of 13 days, as of February 20
SECL had said it would increase its annual production to 250 million tonne in 2019-20 as its contribution to the 1 billion tonne target of Coal India
CIL had earlier said it would put on offer a little over 45 million tonnes of coal under the special forward auction in the current fiscal
Spurred by public outcry over air pollution, China is now also the world leader in solar and wind power installation, and its central government has tried to slow down coal plant construction
While it bodes well for the country's coal production, the monopoly national miner, CIL, could see eventual shrinking of some of its coal business
Officials said the stock pile (ready to be dispatched coal) with the mine is low as the off-take has increased and it is a good sign
For the first nine months of 2018, imports of 124.6 million tonnes are up 20 per cent from the same period a year earlier
Overall, coal and coke imports during the first half of the current fiscal increased by 13.9 per cent to 119.42 MT
Enhanced coal despatches are slowly leading a recovery in capacity utilisation at thermal power plants
Coal companies call this a temporary phenomenon but have expressed their reservations over rake availability
Other sectors like cement and fertilisers, too, posted marginal increase in traffic compared to last year
The move to divert fuel from coal starved power projects may take a heavy toll on the already ailing sector