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Commercial mining: Need of the hour

Sanjay Sagar, joint MD and CEO, JSW Energy, says: "Current format on commercial mining is not attractive for the industry. Private sector should be assured of a level playing field for commercial mining."

Coal linkage auction to end discretionary allotment: Parakh

Hailing the government's plan, PC Parakh, Former Coal Secretary, says coal linkage auction won't increase coal supply to the unregulated sector because for that to happen supply has to increase. But it will remove discretionary allocation of coal and improve transparency, he adds.

Output growth at 10% per annum possible: Ex-CIL chairman

On CIL divestment, former chairman of CIL Partha Bhattacharya does not think it is the right time. He explains that the company needs to improve its profitability and production to get proper value.

There should be thrust on coal import now: Ex-CIL chairman

Discussing the reasons for coal shortage, Partha Bhattacharya, Former Chairman, Coal India, said this is kind of a situation can occur if Coal India fails to supply coal or there is lesser import by power stations.

Large scale coal washing final solution to CIL's worry: Pro

According to Partha Bhattacharyya, washed coal has never been seriously demanded by the power sector. To that extent, the power sector is also partially responsible to allow continuation of supply of coal from the mines straight away without washing.

Rupee reverses falling trend, rises 1% to 57.79/US$

The Indian rupee on Wednesday (June 12) rose by 1.03 percent or 60 paisa to close the day's trading at 57.79 against the US dollar. This was the first appreciation after consecutive declines since June 04. It hit intraday low at 58.38 and a high of 57.72.

After close at 57.07/$ on Fri, here's where rupee may head

The Indian rupee‘s steep fall against the US dollar remained unabated. It closed on Friday at 57.07 per US dollar, down 0.39 percent or 22 paise from its previous close.

Coal price pooling hard to put in practice: ex-CIL CMD

Speaking to CNBC-TV18, former CMD of Coal India Limited, Partha S Bhattacharyya said there is a vast difference in the the quality of Indian coal and that of international coal, which makes price pooling proposal difficult to implement.

Domestic coal price hike to affect power stations: Expert

Partha Bhattacharya, former Chairman of Coal India and the current ED, Deepak Fertilizer believes the exercise will not affect the P&L of Coal India. However, the details are still not clear and he feels there are certain issues regarding domestic and imported coal that needs to be taken care of before finalising anything.

CIL has to grow fast, clear proposals quickly: Bhattacharya

Partha Bhattacharya, Former Chairman of Coal India said the report has certainly highlighted some of the irregularities but, the government's response has to be seen. According to Bhattacharya, if the ex-chequer has incurred losses due to free allocation of coal block, the penalty should be corresponding to the difference.

26% profit-sharing to pare 5.5% of Coal India rev: ex-CMD

Partha Bhattacharya, ex-chairman of Coal India, in an interview with CNBC-TV18’s Mitali Mukherjee and Udayan Mukherjee, said that the 26% net profit will translate to about 5% or 5.5% of total sales.

Naphtha duty waived, HPL to save Rs 350 cr

Haldia Petrochemicals Limited (HPL) would save around Rs 350 crore annually following waiver of the import duty of 5% on naphtha by the Centre recently, managing director of the company Partha Bhattacharya said.