Thermal Coal

India primarily imports thermal coal from South Africa and Indonesia, and average prices from these countries decreased by approximately 54 percent and 38 percent respectively during April 2023 to January 2024 as against a year ago.

South African thermal coal gains popularity in India amid cheaper prices

A drop in prices towards the end of 2023 pushed up South African thermal coal shipments to India by 74% to 4.7 million metric tonnes in November-December from a year ago.

Jindal Steel and Power: Well placed than some of the peers

JSPL has reduced debts and currently focusing on higher volumes and cost-saving projects

Jindal Steel and Power: Better placed than peers

JSPL has reduced its debt and is currently focusing on higher volumes and cost-saving projects

Asia thermal coal prices slip as China, India buy less: Russell

Prices of the main traded grades for coal used in power plants dropped to their lowest in months last week, and to the weakest in a year in the case of one of the major Australian varieties.

India November thermal coal imports at 10 month-low as local output soars

The country imported 10.83 million tonnes of thermal coal in November, the Coalmint data showed, compared with 12.03 million tonnes in October and 9.45 million tonnes in November 2021.

Import of thermal coal to stop by 2024 to 2025: Pralhad Joshi

The minister expressed his concern that that the country has to import coal despite having adequate domestic resource of the fuel. He said that Prime Minister Narendra Modi told him that this substitute coal import has to stop.

Hindalco Industries keeps longer term focus on growth

Aluminium business likely to face headwinds with LME prices correcting, and cost of production increasing due to the higher coal cost for the September 22 quarter.

JSW Steel: Will off-take improve as incremental capacities come up?

Investors with interest in JSW Steel need to watch out for domestic steel demand trajectory

Jindal Steel and Power: Going may get tough on earnings in September quarter

Investors having interest in JSPL need to watch out for its export volumes, debt reduction plans

Thermal coal demand to increase to around 1,500 MT by 2040: Coal Minister Pralhad Joshi

The minister added that there was a need to be conscious about the environment and keep in mind the sustainable mining goals.

Demand for thermal coal to rise due to increase in electricity demand: Coal ministry

New coal blocks are being allocated for commercial mining and prospective bidders have shown encouraging responses for these blocks. Some of these blocks have started coal production within a year of allocation, the coal ministry said in a statement on Tuesday.

Jindal Steel and Power: Are all positives priced in?

JSPL is in a sweet spot, with debt falling, higher capacity coming on stream and use of captive raw material increasing

Thermal coal imports at major ports fall 16% to 55 MT in April-December period: IPA

Coal volumes at the 12 major ports declined for the ninth straight month in December 2020, as per the Indian Ports Association (IPA). These ports had handled 66MT of thermal coal and 42MT of coking coal in April-December period of the previous financial year.

Thermal coal imports at major ports decline 35% to 17.71 MT in April-June: IPA

These ports had handled 27.13 MT of thermal coal and 14.95 MT of coking coal in the April-June period of the previous financial year.

Thermal coal imports at major ports decline 36% to 12.3 MT in April-May: IPA

Coking coal imports witnessed a dip of 24.05 percent to 7.47MT in April and May this year.

Mining Minister Pralhad Joshi announces India to stop thermal coal import by FY24

India will stop importing thermal coal FY2023-24, Union Coal and Mines Minister Pralhad Joshi said.

India's 2019 thermal coal imports seen at 180-185 million tonnes: WoodMac

WoodMac previously said India's thermal coal imports grew at their fastest pace since 2014 to 164 million tonnes in 2018.

China, India dominate coal ownership as some shun climate risks: Report

The report, by British-based research group InfluenceMap, identified thousands of shareholders in 117 listed companies producing 3 billion tonnes a year of thermal coal with 150 billion tonnes of reserves.

GST for first 12 mnths will be disruptive: Credit Suisse

Speaking to CNBC-TV18 Neelkanth Mishra of Credit Suisse said that Donald Trump‘s victory has led to external readjustments in countries like Brazil and Indonesia.

Mining leases approved for Adani's project in Australia

According to state Premier Annastacia Palaszczuk, the approval had undergone "extensive government and community scrutiny" and were a step towards securing jobs for region, with more than 5,000 jobs expected to be generated during construction and more than 4,000 during operation.

Thermal coal imports soar 18% during Apr-Oct

Thermal coal is the mainstay of India's energy programme as 70 percent of power generation is dependent on the dry fuel, while Coal Minister Piyush Goyal has been emphasising the need to increase the production by state-run Coal India.

CIL may surpass 1 bn tonne production target by 2020: Goyal

Coal India may miss its output target of 507 million tonnes (MT) by 10 MT, during the current fiscal, on account of various delays in operationalising mines. However, the government may set a target of 550 MT coal output for Coal India in the next financial year (2015-16).

Possible to stop imports of thermal coal in 2-3 yrs: Goyal

Piyush Goyal said at a conference that India, the world's third largest importer of coal, will nearly double its production to 1 billion tonnes by 2019.

Falling crude, LNG, coal prices huge positive: Crisil

Between fiscals 2009 and 2014, India's energy import bill surged at an average 14 percent annually to USD 161 billion. This is expected to rise only 1.6 percent annually to USD 175 billion by 2019 because prices of the three commodities are forecast to decline.