Sindh CM welcomes Chinese investment in Thar coal project
 Mr Syed Qaim Ali Shah CM of Sindh has welcomed Chinese Electric Power Construction Corporation SEPCO for its induction in investment in Thar Coal power project by making Joint Development Agreement with British oriented Oracle Power Company already engaged in execution of coal based power project of 600MW. Mr

Mr Scinida says Odisha and TN UMPP final price bid to open on Feb 26th
 Mr Jyotiraditya Scindia, Power Minister, said that the final price bids for the 2 ultra mega power projects Odisha and Tamil Nadu will open on February 26th. Mr Scindia said that the projects will be awarded to the successful bidders post opening of the financial bids. All the 9 applicants for Odisha UMPP a

Mr Rao says green light on project area expansion to up CIL output by 40 MT
 Mr S Narsing Rao CMD of CIL said that with the ministry of environment and forests allowing CIL to expand project area by as much as 50% without holding a public hearing, the miner may be able to produce an additional 40 million tonnes next year on this count alone. Mr Raos said that the easier guidelines woul

Chinese coal output seen up by 2.7 pct in 2014
 The China National Coal Association said that Chinese coal production is expected to grow 2.7% this year to around 3.8 billion tonnes, with demand also still rising despite a government campaign to cut air pollution. The association forecasts that despite efforts to restrict the import and use of low quality c

Raspadskaya coal output up by 12 pct in 2013
 Russian coking coal miner Raspadskaya said that it produced 7.8 million tonnes of coal in 2013, a 12% rise, and forecast a possible significant increase in output this year. The company, controlled by steelmaker Evraz, said that output fell 8% MoM in December to 1.8 million tonnes due to maintenance at 2 of it

CIL could have helped slash production cost by 12pct - Power Companies
 Power sector executives said that CIL could have helped power companies save their production cost by 12%, or 35 paise a unit, if it had kept coal prices lower by using the money that it would pay as interim dividend. The state run monopoly coal supplier on Tuesday declared a dividend of INR 29 a share. The ce

EastCoal acquire agreement with EFI sssets
EastCoal Inc announces that the company and its wholly-owned, Cyprus incorporated subsidiary, Gramsico Holdings Limited entered into share purchase agreements with an Austrian based company, EFI Holding GmbH, pursuant to which EFI will acquire all of the Company's 0.1% shareholding and all of Gramsico's 99.9% sharehold

Turkish hard coal output decreases over 10pct in 2013
According to the Turkish Hard Coal Enterprise, hard coal production in Zonguldak Coal Basin on the northwestern Black Sea coast of Turkey decreased more than 10% in 2013.The TTK's production at the basin fell to lowest of 73 years at 1.357 million tonne of hard coal.Mr Eyüp Alaba? chairman of Mine Workers Union said