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SLUGGISH DEMAND COAL
Power demand tops 250 GW as weak monsoon keeps heat onIndia's peak power demand is soaring above 250 GW due to lingering heatwaves, outpacing a sluggish monsoon. Authorities are preparing conti...- Coal India Ltd will aspire to meet 875 MT coal production target in FY26: CMD Sanoj Kumar JhaCoal India is aspiring to achieve its 875 million tonne production goal for the current fiscal year. Recent production targets were missed ...
- Coal import drops marginally in August to 20.58 MTAugust saw a slight fall in India's coal imports compared to the previous year, with the April to August period reflecting an overall decre...
- Coal demand to remain sluggish in current fiscal year: mjunctionCoal demand is currently sluggish due to an extended monsoon and increased supply, leading to a market glut and high stock levels across th...
- Coal import declines in July over sluggish demand, availability of high stockIndia's coal imports saw a decline of 16.4 percent in July, reaching 21.08 million tonnes. This decrease is attributed to reduced demand du...
- Russia topples US to increase coal imports to India, China dumps hefty amount of met cokeIndia's coal import rose 10% on-month to 2.03 million tonnes (mnt) in July from Russia, which toppled United States and others to become th...
- Core sector growth slows to 2.1% in JulyThe sectors' performance, however, is marginally better compared to a month earlier when the growth touched a 50-month low of 0.2 per cent.
- ET View: CIL’s strategic choiceThe facts suggest that the gap between demand and supply of coal seems to have reduced of late. Besides, industrial production remains quit...
- Coal India pushes back 1 billion tonnes output target by 6 years to 2026The goal will be achieved by 2025-26 because of changes in the country’s carbon emission targets, sluggish industrial growth, changing ener...
- Government revokes Coal India's 1 bn tonne targetThis is likely to mean that Coal India will have to be content with producing less than the initial targets set for each year leading to le...
- Too much coal, too few takers; government revokes Coal India's 1-bt targetAt present total coal stocks has been hovering around 73 million tonnes, of which 28 million tonnes which is enough to produce power non-st...
- Buy Coal India Ltd., target Rs 326.0 : Motilal Oswal SecuritiesThe stock trades at ~7x FY18E EV/EBITDA (ex-OBR). Valuations are attractive in view of bottom of the cycle coal prices and strong volume gr...
- Coal India records 10 per cent production growth in June 2016Over Burden Removal, an important performance criterion in exposing coal seam for future mining, registered a 13.3 per cent growth during t...
- Coal India in dilemma over production, pricingCoal India has reached a situation when the production cannot be optimised due to inability to stock coal further which has already reached...
- Singareni seeks aid Coal Videsh to buy foreign coal assetsThe Hyderabad-headquartered coal firm appointed a committee to begin the exercise of shortlisting and due diligence of global coal assets, ...
- Coking coal prices dip; good news for steel companies like SAIL, Tata Steel, JSW Steel and othersA record 20% dip in global coking coal prices to a six-year low bodes well for steel companies in India which rely heavily on imports.
- Chidambaram vows to get manufacturing out of slideFinance Minister P Chidambaram today said key infrastructure projects facing delays have been identified and will be cleared in the next fe...
- Coal Videsh to fast track asset acquisition abroadCoal Videsh went slow in acquisitions but this has benefited the country as asset valuations have come down by 50-60% now,” said Jaiswal.
- Coal prices may slide on global fallIndia imports around 92 MT coal annually. Of this, the country imports 28 MT coking coal and the rest 64 MT is thermal coking coal.
- Core sector growth dips to 3.7% in AugThe six key infra industries grew at 3.7% in August, the second slowest pace in the last 10 months, raising the spectre of poor industrial ...
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