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ADARO ENERGY
Booming Indian coal demand powers rise of state-run giantsNTPC, which produces mostly coal-fired power, has surged 78%, far ahead of a gain of 17% in the broader Nifty Index, while shares of Coal I...- This is the world’s biggest stock winner of 2022 with 1,600% gainThe company reported a 482% jump in net profit in the nine months through September as its average selling price more than doubled and coal...
- Coronavirus fallout fears hurt stocks of metals and mining companiesHowever, the prices of underlying metal commodities did not exhibit selling pressure.
- View: What Bill Gates gets wrong about fossil fuelsGates’s history makes him peculiarly ill-suited to understand how damaging debt divestment can be.
- Adani Power, Adaro, NLC in race to buy some IL&FS assetsOn sale are the power plant and a port in Cuddalore, and mining entity in Indonesia.
- India's 2018 thermal coal imports grew at fastest pace in 4 yrsThat trade gap has been hurting the valuation of the rupee, the worst performing major Asian currency in 2018.
- India's FY18 thermal coal imports up 8%: GovernmentIndia's total coal imports rose for the first time in three financial years, undermining the goverment's plan to reduce India-bound coal sh...
- From black to green: US billionaire's "Road to Damascus"As Tom Steyer has become a bigger voice in US politics, the Republican party and other conservative groups have increased attacks on him.
- Anil Ambani, Gautam Adani, Madhusudan Rao and G V K Reddy, the emerging coal baronsThe companies that they run - Reliance Power, Adani Power, Lanco Infratech and GVK - will feature among the top 10 coal miners in the world...
- Desi companies set to feature among world's top 10 coal minersIn a race to secure coal assets to fuel their power plants, these billionaires are fast emerging as global coal barons.
- Coal India surges on debut, boosts view for share salesCoal India shares soared as much as 39 per cent in their $3.43 billion IPO debut on Thursday as investors snapped up a stock.
- Coal India to raise Rs 15,000 cr from largest ever Indian IPOCoal India IPO price band at Rs 225-245/share. IPO values firm at $35 bn at top end of band. IPO largest ever by Indian firm, No. 7 in Asia...
- Indonesian Adaro's $1.3 bn IPO gets OK for next weekThe $1.3 bn initial public offering of PT Adaro Energy Tbk, Indonesia's second-biggest coal miner by output, will go ahead this week after ...
- REL ties up coal supply with buyouts, contractsReliance Energy has mapped out a comprehensive plan which includes acquisition of some mid-sized coal companies, assured supply contracts a...
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