India trims thermal power capacity addition target for FY’24
March 4, 2024
The Power Ministry has reduced the target for thermal capacity addition for FY’24 to 7.16 GW (gigawatts) from 14.72 GW due to delays
Tag: Thermal Coal
Russia Reintroduces Coal Export Duties Adding Pressure to Struggling Exporters
March 4, 2024
Russia has reintroduced export duties on thermal coal and anthracite, a move that will further strain the already struggling coal exporters
American Consolidated Natural Resources to Idle Pride Mine in Kentucky
March 1, 2024
American Consolidated Natural Resources (ACNR) will be issuing a Worker Adjustment and Retraining Notification (WARN) notice at its Pride Mine
New US sanctions more likely to curb Indian imports of Russian coal
March 1, 2024
New U.S. sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia
Newcastle coal rises to 6-week high
February 29, 2024
The Pacific basin’s thermal coal index edged up to its highest level in six weeks this week, supported by fresh western sanctions on Russia
Uniper Says Germany Will Struggle to Meet 2030 Coal-Exit Goal
February 29, 2024
Germany will have difficulty achieving its goal of a coal phase-out by 2030, even as it plans to ramp-up H2-ready natural gas power plants
Indonesia & South Africa aim to regain lost share in Indian coal market
February 29, 2024
Top coal exporters Indonesia and South Africa are aiming to ramp up supplies of thermal coal to key buyer India, company executives said
China’s Top Coal Producer Cuts Output Amid Safety Concerns
February 28, 2024
China Shenhua, the country’s largest coal producer, announced a 2.59% cut in its 2024 coal output target, raising questions about the future
Eastern German states fret about hydrogen’s answer to coal
February 28, 2024
Eastern German state leaders have warned against the government’s plan to replace coal with hydrogen
India’s coal sector sees huge leaps in output and demand
February 28, 2024
India’s coal sector is united about one thing. It doesn’t matter if you are a miner, trader, utility or steelmaker, you are extremely bullish
Coal Prices rebound in Europe but oversupply to cap gains
February 27, 2024
European coal prices jumped to two-week highs in early Monday trading, piggybacking on gas market gains and amid some technical support
India’s thermal coal imports seen falling for first time since pandemic
February 27, 2024
India’s thermal coal imports are expected to fall for the first time this year since the COVID-19 pandemic due to increasing domestic output