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Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...
India: Jindal plans to start building Botswana coal mine in 2022Despite the global shift from coal, Botswana is pushing ahead with developing its estimated 212 billion tonnes of coal resources. In April,...
India will continue to collaborate with African nations: GoyalIndia will continue to collaborate with African countries through sharing of technology and expertise to help them achieve developmental go...
Coal India to relinquish 75 per cent of area of Mozambique blocksThe state-run miner had by then invested close to Rs.500 crore in acquiring and exploring the two blocks. It also had to renew its licence ...
Row over coal blocks: Delhi HC stays encashment of bank guaranteeThe Delhi High Court asked their bankers not to "transmit" the bank guarantee amount to the Coal Ministry which has sought to encash them.
Coal India to collaborate with SAfrica's trade departmentThe agreement was reached during a meeting between the two parties on the sidelines of the Africa Mining Indaba in Cape Town.
Weak capacity at rail carrier Transnet deters Indian investors in South African coal industryExporting huge amounts of coal to India was allegedly being hampered by Transnet's insistence that coal mining companies finance the expans...
'Indian private firms look for controlling stake in projects'Indian private cos lose out on contracts in Africa as they look for picking up majority stakes in the projects which acts as a deterrent, s...
Mozambique invites rail line bids; Coal India to benefitThe two coal blocks - A1 and A2 - at Moatize in Tete province are spread over 200 sq km and are being developed by Coal India Africana Limi...
Coal India plans to acquire assets in BotswanaThe PSU miner has already proposed an ad-hoc provision of Rs 35,000 crore for acquisition and development of mines abroad by 2017.
Coal India allots contract for drilling of Mozambique mines"Recently, Coal India issued work order for further drilling of 30,000 metre of mines in Mozambique," a source close to the development sai...
CIL invites cos to take up drilling of mines in MozambiqueThe development comes at a time when the coal producer is facing problems in enhancing coal production and the country is facing shortage o...
- Mozambique's lack of infrastructure may hurt investments by Indian firms like Coal India, JSW Steel
For Indian firms, the option now could be an expensive alternative rail system that Coal India is mulling.
- Coal India mulls to start 5-MT output from Mozambique mines by 2015
Coal India said it expects to start 5 million tonnes per annum (MTPA) production from two blocks in Mozambique by 2015.
- IPL-2 over, Indian Coal League begins in South Africa
Steel, cement and power companies, which have traditionally relied on cheap Indonesian coal to fuel their factories, are rushing to buy Sou...
- JSW Energy set to snap up African coal mine for $70 mn
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million ton...
- India may sign trade pact with 5 African nations by 2009-end
India and the five-nation South African Customs Union, a regional sub-group of African countries, are likely to sign a preferential trade a...
- Coal traders adopt term plays and arbitrage
Indian coal traders, who account for most of the country's imports have radically changed their trading patterns.