Coal Prices

Substantial increase in EBIDTA and PAT show core businesses of generation, transmission and distribution are doing very well, he says.

Coal India share price declines as coal prices hit two-year low

Coal prices have been on a decline in 2023 falling from $400 per tonne in the month of January, reaching $125 a tonne in June, to finally hitting a two year low price of $130 per tonne in July.

Coal India hikes prices of high-grade fuel by 8% after 5 years

CIL expects a revenue of Rs 2,703 crore for the balance period of financial year 2023-24. Moneycontrol was the first to report on May 11 that CIL was going to increase coal prices due to its plan of increasing the wages for its non-executive staff

Strong case to hike coal prices, could happen very soon: CIL chairman

Elaborating on the 1 billion tonne production target, Coal India Chairman Pramod Agrawal said though CIL is on course to achieve the same by 2025-26, it will depend on factors like the need of the country and the growth of the private sector.

Elevated coal price a drag on margins of domestic base metal players: ICRA

In a recent note on the primary base metal industry, ICRA said that the earnings of the industry would continue to remain under pressure in the second half of the current fiscal, following a dull performance in the first half of FY'23.

Coal on ‘fire’: India set to be growth engine for global coal demand, says IEA

Demand from power and industrial sectors to lift domestic coal consumption this year from 1,033 MT in 2021, which was a 14 percent rebound from a pandemic low in 2020, says International Energy Agency.

Steel industry seeks govt intervention to check coking coal price

Indian Steel Association (ISA) represents the domestic steel industry. Explaining the situation, Sahay said the price of coking coal used to be in the range of USD 120-130 per tonne around a year back.

Power shortage not as high as projected, import-base plants will be made functional: Pralhad Joshi

The power ministry on Thursday that the government has ordered all imported coal power plants ordered to operate at full capacity as power demand has surged almost 20 percent in energy terms.

Coal price likely to average at $215/MT in FY23, 35% more than in FY22: ICRA’s Jayanta Roy

With depleted stocks, coal consumers are more vulnerable than they were at the end of 2021.

No coal exports from Russia will cause massive deficit: Wood Mackenzie

Speaking on how the potential supply crisis issue from Russia could be addressed, Wood Mckenzie said India could benefit if it buys Russian coal which is available at a discount.

Hindustan Zinc: Valuation captures most positives; hope for higher dividend

Higher dividend payout will support valuation of Hindustan Zinc on the downside

Coal India’s Goldilocks situation contingent on production ramp-up, price hikes

Rising demand and firm prices in the e-auctions will benefit Coal India. But the company has to do more to drive a sustained recovery in earnings

Fuel linkages give an edge to NTPC as coal prices surge

NTPC predominantly sources its fuel from the domestic market. And unlike its private counterparts, NTPC does not suffer from untied power capacities

Ind-Ra keeps negative outlook for base metal sector in FY18

India Ratings and Research (Ind-Ra) today maintained its negative outlook for the base metal sector for next fiscal as new capacity expansion amid weak demand is likely to create surplus stocks, putting pressure on premiums.

SCCL's global expansion on hold due to dip in coal prices: KCR

Sliding coal prices have dampened Singareni Collieries Company Limited (SCCL)'s plans to expand its footprints globally, Telangana Chief Minister K Chandrasekhar Rao told the State Legislative Assembly today.

SAIL's debt at Rs 35,144 cr on dearer coal, low realisation

The state-owned steel giant's interest expenses rose to Rs 2,047 crore in 2015-16 from Rs 1,454 crore during 2014-15, Minister of State for Steel Vishnu Deo Sai said in a written reply to Lok Sabha.

Essar Power finally turns around with Rs 39 cr net in FY16

"This is the first time since we entered the sector in 1997 that we have turned around. Against a net loss of Rs 684 crore in 2014-15, we closed 2015-16 with a net profit of Rs 39 crore.

Essar Power expects to make profits in FY17

Elaborating, Maroo said operationalisation of its stranded plants like Mahan in Madhya Pradesh and slump in coal prices in international markets will help the company earn profits during the current fiscal.

India delays plans to open up coal sector to private firms

The world's third-largest coal importer wants private companies to contribute about a third of an annual production target of 1.5 billion tonnes by 2020, but the hold up in opening the sector to non-government companies for the first time in over 40 years may mean India will fall well short of that mark.

Brookfield buys Australia freight firm Asciano for $6.6 bn

The deal, the largest purchase of an Australian firm by an overseas entity since 2011 and the biggest acquisition by a Canadian firm in that country, underscores the huge international appetite for Australian infrastructure.

China, India raised global demand for metals and energy

According to the report, China's consumption of metals and coal surged to roughly 50 percent of world consumption, and India's to a more modest three percent for metals, and nine percent for coal.

Tata Power Q4 net seen at Rs 91 cr led by Mundra

Analysts are expecting Tata Power to report small profit this quarter driven by higher EBITDA from Mundra led by decline in fuel cost despite a slight decline in plant load factor (PLF)

Power ministry floats CCEA note on pooling of coal prices

The idea is to run thermal plants at an appropriate plant load factor (PLF) or simply increase power generation in the country.

Falling crude, LNG, coal prices huge positive for India

CRISIL Research, India‘s largest independent and integrated research house, believes that prices of crude oil, thermal coal and liquefied natural gas (LNG) will be under pressure in the long term because of structural shifts like surge in supplies, move to alternate fuel, and slowing demand.

Steel players may benefit from low coking coal prices: Icra

Coking coal prices have declined by around 16 percent in the first quarter of 2014-15 (Q1FY15) over the previous quarter, and the same contract prices have been rolled over in Q2FY15. This followed a 13 percent decline in coking coal prices over the whole of FY'14.