In an interview to CNBC-TV18, Suhas Harinarayanan, Co-Head of Research, Religare Capital Markets and Ashok Kumar Khurana, Director General, Association of Power Producers talk about the outcome of yesterday's power meet.

FSA: Problem pushed from supply end to distribution end?

This directive will mean providing coal to around 25,000 megawatts of power units already commissioned and further 60,000 megawatts of power units that will come up by 2015.

CIL can up production by 10-15% post FSA notice: Tata Power

With majority of the power generation in India coming from coal, Anil Sardana, the managing director of Tata Power tells CNBC-TV18 that the PMO's directives are a step in the right direction.

NTPC to award Rs 160 bn project post Ansaldo bid overrule

The Supreme Court today ruled in favour of NTPC with regard to the bid by Ansaldo Caldaie Boilers, a joint venture of the Italian company and Gammon India, after a two-year tender dispute with the state-run power producer.

FSA welcome but clear hurdles for CIL to perform: Ex-CMD

State-run Coal India (CIL), agreeing to sign the Fuel Supply Agreements (FSA) with private-sector power firms to ensure sufficient supply of dry fuel has not come as a surprise to P.K Sengupta former chairman of the country’s largest coal producer.

To sign FSAs based on 12th Plan project list: Coal India

Zohra Chatterji, chairperson and managing director of Coal India said that they will sign FSAs only after the power ministry provides the list of power projects.

PM has resolved a longstanding issue: Power Producers Asso

Today, the government announced that Coal India will sign fuel supply agreements with private power companies by March 31. Ashok Kumar Khurana - the director general of Association of Power Producers says, the Prime Minister has resolved a longstanding issue.

GCV-based pricing good for Coal India: Sriprakash Jaiswal

A day after Coal India, rolled back a hike in prices, union coal minister Sriprakash Jaiswal in an interview to CNBC-TV18 said the company had hiked prices due to requests from end-users like the power and cement sector.

SEBs weak finances has made recovery difficult: Tata Power

State electricity boards (SEBs) deteriorating financials have made recoveries difficult, says Anil Sardana, managing director of Tata Power.

Switch to new pricing scheme in calibrated way: Coal India

Speaking to CNBC-TV18, NC Jha, chairman of Coal India said, the switch to GCV has led to huge rise in C, D and part of E quality coal.

Plan to hike capacity to 10mt by end of next yr: JK Lakshmi

Speaking to CNBC-TV18, Shailendra Chouksey, wholetime director, JK Lakshmi said that their current capacity is 4.8 million tonne. The company is working on several projects to boost capacity.

Production target for FY13 at 464mt, says Coal India

Although the market is abuzz with apprehensions on the impact of the new pricing mechanism on revenues for Coal India, NC Jha, the Chairman of the company said the move will only lead to better demand quality and will result in higher revenues.

May spare Rs 15Kcr if govt offers decent returns: CIL

Coal India could be the knight in shining armour for the Centre, which is struggling to meet a part of its Rs 40,000 crore divestment target for this fiscal.

Platts' top 250 global energy cos list: Who gets what & why

Energy information provider Platts today came out with its top 250 global energy company rankings. Indian public sector coal major, Coal India took second rank in Platts' list.

October's e-auction quota being offered to power cos: CIL

The power sector is facing acute shortage of coal. C Jha, chairman of Coal India said, in order to make more coal available to power companies, this month’s e-auction quota is being offered to them. "We will offer four million tonne meant for e-auction in October to power cos. diversion of e-auction quota will not have much impact," he added.

CIL expects to resolve bonus issues with workers soon

Coal India workers' unions have called country-wide shutdown on 10 October 2011 over their demands for bonus and ex-gratia. R Mohandas, director of personnel and industrial relation at Coal India expects to resolve the bonus issues with workers.

Eyeing Rs 2,200 cr topline growth, says Mcnally Bharat

An order worth Rs 200 crore in the month of October has taken the total order book pf Mcnally Bharat to Rs 1,000 crore, says Deepak Khaitan, chairman of the company.

New mining bill can dig EPS pains for major miners: Experts

The Cabinet today cleared the new Mines and Minerals Development and Regulation Bill, 2011. The new bill mandates a 26% post tax profit-sharing by coal miners for the project-affected people. While the step aims to benefit tribals in the minning areas, experts say the move is all set to push down profits of major mining and power companies.

Sure of resolving labour, output issues soon: Coal India

NC Jha, chairman at Coal India is confident that the offer made to PSU major’s workforce will resolve the ongoing labour unrest. “We are certain that Rs 17,000 bonus will be suffice to avert a union strike,” he said.

MoEF clearances on a case-to-case basis now: Coal Min

The coal ministry will approach the Ministry of Environment and Forest (MoEF) for clearances on a case-to-case basis, said Coal Minister Sri Prakash Jaiswal.

Orrisa plant may commission by Apr-Sep 2012: GMR Infra

A Subba Rao, Group chief financial officer, GMR Infrastructure expects Vemagiri plant to be ready for generation by last quarter of the current financial year.

No disruption in coal provision to sectors yet: Coal India

NC Jha, chairman of Coal India tells CNBC-TV18 that Bharat Coking has not yet received any notice from the Jharkhand pollution board. "Production continues and there is no diruption in providing coal to various sectors yet," he says.

Coal India has not halted production at Jharkhand: NC Jha

Coal India (CIL) has not stopped production from its mines even as the central pollution board has ordered a closure of its 22 opencast mines in the eastern Indian province of Jharkhand.

Jharkhand ban may not affect volumes this month: Coal India

R Mohan Das, director (Personnel & Industrial Relations), Coal India, in an interview with CNBC-TV18's Mitali Mukherjee said that the company has been asked to give clarifications regarding those 22 mines but no closure notice has been issued yet by the Jharkhand state pollution board.

Coal India aims to liquidate 25 mt coal going forward

NC Jha, chairman of Coal India is delighted to hear that our company has become the most valuable company in India. Speaking to CNBC-TV18's Latha Venkatesh and Gautam Broker, Jha said that the company aims to liquidate 25 million tonne coal going forward.