Coal – Reuters reported that the Indian government plans to sell a 10-percent stake in Coal India Ltd. (BSE:533278) via a share auction that it hopes to launch by August or September. This week, it is set to invite bankers and advisers to bid to manage the offering.
Coal – Coal India's inability to supply adequate coal to India's electricity providers is causing power shortages in the energy-hungry nation.
Coal – Can import-hungry India pass China as the world's largest coal consumer?
Coal – As overcapacity pushes the Chinese coal sector toward consolidation, coal imports in India are increasing.
Coal – Reuters reported that Coal India's (BSE:533278) new power pacts won't be enough to meet India's demand for power.
Coal – Reuters reported that Coal India (BSE:533278) said it will sign fuel pacts to meet power demand.
Coal – Bloomberg reported that Coal India (BSE:533278) has been ordered to ensure coal supply to power utilities.
Coal – Bloomberg reported that Coal India (BSE:533278) will not meet the deadline set for it to sign fuel supply agreements.
Coal – Platts reported that Coal India (BSE:533278) is working on a new coal import strategy so it can meet increasing domestic demand.
Coal – Reuters reported that Coal India (BSE:533278) said it would not commit to long-term supply deals before getting clarification on how the costs would be covered.
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