Business  /  Published 20.10.21

IEX to offer bonus shares

Indian Energy Exchange (IEX) soared 20 per cent to a record high on Tuesday, after the energy trading platform said it would consider a bonus issue of shares, adding to nearly 24 per cent of gains so ...
By Reuters in Bangalore

Business  /  Published 19.10.21

Rains may disrupt coal supply

The prospect of torrential rains in some of the country’s major coal producing regions is threatening to extend the shortage of stocks at power plants. According to a Indian Meteorological Depa...
By A Staff Reporter in Calcutta

Business  /  Published 16.10.21

Captive coal for power

In a move to boost coal stocks in power plants, the coal ministry on Friday said it has taken various measures including diverting the output from captive coal mines to augment fuel supply. “Th...
By Our Special Correspondent in New Delhi

Business  /  Published 16.10.21

Coal bar spooks non-power players

The decision of Coal India to prioritise the supply of coal to power plants over non-power consumers has set alarm bells with the downstream paper and aluminium. Corrugated box manufacturers anticipa...
By A Staff Reporter in Calcutta

Business  /  Published 16.10.21

Oil prices hit 3-year high at $85

Oil prices hit a fresh three-year high on Friday, climbing above $85 a barrel on forecasts of a supply deficit over the next few months as rocketing gas and coal prices stoke a switch to oil products....
By Reuters in London


India  /  Published 15.10.21

Coal crisis: Govt ups ante

The coal ministry on Friday said it has taken various measures, including diverting the output from captive coal mines, to augment fuel supply to the power sector. The development assumes significanc...
By Our Bureau, PTI in New Delhi

Business  /  Published 15.10.21

Coal supply to power units only

Coal India has temporarily curtailed fuel supply to non-regulated sectors such as aluminum and cement in a bid to prioritise supply to fuel starved thermal power plants with a low coal stock. The mov...
By Pinak Ghosh in Calcutta

Jharkhand  /  Published 15.10.21

Minister visits Ranchi for coal review

Apart from a sharp spike in electricity demand, growth in the number of consumers, inadequate stocking by power projects before monsoon, and heavy rains in September also hit coal production and dispa...
By Animesh Bisoee in Jamshedpur

Jharkhand  /  Published 14.10.21

Coal India halts e-auction of coal

Amidst an unprecedented crisis for powerhouses, Coal India Limited has suspended the e-auction of coal till further orders in order to replenish the dwindling stock of power plants aggravating the dif...
By Praduman Choubey in Dhanbad

India  /  Published 14.10.21

Joshi decodes coal crisis issue

Coal Minister Pralhad Joshi on Thursday said closure of some mines, and inundation of a few others due to monsoon led to the crisis but there is no need to panic as the situation is improving. Visiti...
By Our Bureau, PTI in Chatra


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