Coal India is diversifying its core business through a plan to install 600 megawatts of solar power in four states. The announcement, published on Sunday by Economic Times, is part of an agreement with the Solar Energy Corporation of India (SECI) to build 1,000 megawatts of solar capacity...

It won’t be easy to get rid of coal. Worried the nation might miss its 2020 target to drastically cut emissions of carbon dioxide, the German government proposed a steep levy last year on the most heavily polluting generators. The tax was intended to deliver a decisive blow against lignite...

BEIJING: Inner Mongolia, China’s biggest coal producing region, cut its output of the commodity by just over 10 percent in the first seven months of the year as part of its efforts to close 3.3 million tonnes of capacity this year. By the end of August, the region had shut seven coal...

China imported 9.31 million mt of thermal coal in July, rising 30.7% year on year and up 23.5% from June to the highest level since December 2014, according to data released by the General Administration of Customs Wednesday. The volume included 7.23 million mt of bituminous material —...

TEMPO.CO, Jakarta - PT Tambang Batubara Bukit Asam (PTBA) is committed to acquire 24 percent of Ignite Resource Energy Ltd’s share. The acquisition process is expected to be completed in 2016. Based on a release from NH Korindo Securities, the aquisition is currently in process and has...

Events have been so bad in coal for so long that it is easy to lose hope on the sector. Most of the publicly traded coal companies have lost 95 percent of their market value. Events are so negative that the dominant mining equipment maker in the sector, Joy Global, has agreed to sell itself to...

Hanoi (Platts)–16 Aug 2016 507 am EDT/907 GMT Vietnam’s coal imports surged 141% year on year to 1.31 million mt in July, customs data released Monday showed. Traditionally a coal exporter, Vietnam turned into an importer amid rising domestic demand, particularly from the power...

One of the world’s most maligned commodities is staging a comeback. Coal prices have soared this summer, after new mining restrictions curbed production in China, the world’s biggest producer and consumer. Benchmark prices for thermal coal in Asia, Europe and the U.S. have climbed by...

NEW YORK – Demand for U.S. coal is projected to recover slightly in 2017 after years of decline, but it will not reclaim the crown it held for more than a century as the leading fuel behind U.S. power generation, analysts said. An expected rise in natural gas prices, thanks to overseas...

Shares in steel and coal companies are among the top performers in Shanghai today amid reports the nation’s banking regulator is considering allowing debt for equity swaps for both industries. The China Banking and Regulatory Commission has sent a proposal to local banks and financial...