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INDONESIAN COAL MINER
China, India shift to higher-grade coal, cut Indonesian importsChina and India are reducing Indonesian thermal coal imports, favoring higher-energy alternatives from Mongolia, South Africa, and Tanzania...- India-Indonesia business ties get fresh boost with Prabowo visitPresident Prabowo Subianto's state visit to India resulted in several high-level business meetings, underscoring the potential for deeper t...
- Coal India committed to meet 'elevated' demand of power sector, says official"We are committed to catering to the coal needs of the power sector, be it domestic or those dependent on imports, despite CIL being stretc...
- India-Indonesia joint working group on coal holds discussionsThe ministry made presentations on Indian coal policy reforms, coking coal exploration and commercial mining, followed by presentations by ...
- Mining cos' earnings unlikely to recover to pre-pandemic levels before 2022–23: Moody’s“Three companies are likely to breach their leverage downgrade triggers…the negative outlook of Vedanta Resources Limited (B1 negative) wil...
- CBI probes Rs 487 crore coal import scamThe action of the agency came on the basis of a Directorate of Revenue Intelligence investigation which had shown over invoicing in the imp...
- Imported coal gets cheaper, brings cheer to thermal plantsIndustry executives say imported coal is now cheaper by at least Rs 200 a tonne at ports against similar grade fuel produced by state-run C...
- NMDC may buy stake in Indonesian coal mine“Such a proposal did come to us and the subcommittee has asked for a technical due diligence of the project,” said a board member of NMDC.
- Now, imported coal more viable for power companies in coastal areas: ExpertsRecent drop in international prices will benefit importers in coastal areas and those buying fuel from Coal India's mines under a special c...
- Drop in global prices of low-quality coal: CIL, Indonesian coal price gap halves to 15%When it comes to premium quality, CIL coal is costlier. However, if the actual quality of coal supplied to power plants is considered, all ...
- Indonesian tremors spark fears of coal crisis among power companiesA massive earthquake off Indonesia on Wednesday rattled investors and sparked fears of a fresh crisis in coal supplies to the beleaguered d...
- Indonesia's 25% tax plan on coal exports to hit Indian power firmsIndonesia's industry ministry, which proposes to impose this tax to prevent overexploitation of its mines, plans to double the levy to 50% ...
- Aditya Birla Group keen to bid for 10-15% stake in Indonesian coal miner PT BumiAditya Birla group is evaluating the option to bid for about 10-15% of the equity of PT Bumi along with an offtake arrangement.
- India keen to scale up economic ties with Indonesia: Anand SharmaIndia is scaling up its economic ties with Indonesia and the move is being helped by big Indian biz houses like the Tatas, ADAG.
- SAIL to set up a 3 million tonne steel plant in IndonesiaICVL is a consortium of five state-run companies -- SAIL, Coal India, NMDC, RINL and NTPC and Verma is also the Chairman of the grouping.
- Coal India sets sights on Indonesian minesThe world’s largest coal producer, Coal India, is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines in the islandnation , ...
- Monnet Ispat set sights on Indonesian coIt's not just the Tatas and the Ruias who are stocking up mineral resources overseas. Mid-sized steel companies are also joining the bandwa...
- NTPC mines Indonesian JV to secure coal linkageNTPC is in talks with Indonesia'a PT Tambang Batubara Bukit Asam Tbk for thermal power plant & coal mine development.
- AMR, Malaysian investor float coal mining JV in IndonesiaAMR Construction and a Malaysian investor Bob Sundaram have floated an Indonesian joint venture - PT AMR Mineral Resources - for coal minin...
- Foreign coal powers its way into IndiaImported coal, which is already being used by the power station, is more economically viable than domestic variants.
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