COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 14 November 23
COAL INDIA BEATS Q2 PROFIT VIEW ON HIGH POWER DEMAND AMID WEAK MONSOON - REUTERS
Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon.
 
The state-run miner posted a consolidated net profit of 68 billion rupees ($816.3 million) for the quarter ended Sept. 30, up 12.5% from last year.
 
It also beat analysts’ estimate of 63.70 billion rupees, as per LSEG data.
 
Power demand in India, which usually peaks in May due to extreme summer heat, remained high in the reporting quarter due to unusually dry weather and higher economic activity, amid a drop in hydroelectric output.
 
The country’s power demand hit a high of 241 gigwatts (GW) in the second quarter, surpassing the Central Electricity Authority’s target of 230 GW for fiscal 2024 as hydropower generation fell 11% due to reduced rainfall caused by El Nino, Elara Capital said in a note.
 
Thermal power – derived from burning fuels such as coal – had to fill the gap as nearly 75% of India’s power generation comes from the fossil fuel.
 
Coal India’s revenue grew 9.8% to 327.76 billion rupees, also beating the estimates, as production of raw coal jumped 13.1%. Analysts had expected a revenue of 323.66 billion rupees.
 
Total expenses grew 9.4% to 260 billion rupeeson the back of higher employee and contractual expenses. However, its raw materials cost fell 15.1%.
 
The company also declared its first interim dividend of 15.25 rupees per share for the ongoing financial year.
 
In May, Coal India had raised prices of non-coking coal by 8% for high grades, which it said would add an extra revenue of 27.03 billion rupees in the balance of the fiscal.
Source: Reuters


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...


Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...


Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...


Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday. ...


Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • TNB Fuel Sdn Bhd - Malaysia
  • Jaiprakash Power Ventures ltd
  • ACC Limited - India
  • Larsen & Toubro Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • London Commodity Brokers - England
  • IHS Mccloskey Coal Group - USA
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Barasentosa Lestari - Indonesia
  • Qatrana Cement - Jordan
  • Tata Chemicals Ltd - India
  • Vitol - Bahrain
  • JPMorgan - India
  • GAC Shipping (India) Pvt Ltd
  • Globalindo Alam Lestari - Indonesia
  • Clarksons - UK
  • Romanian Commodities Exchange
  • Sojitz Corporation - Japan
  • Permata Bank - Indonesia
  • Inco-Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indian Energy Exchange, India
  • Bahari Cakrawala Sebuku - Indonesia
  • Kobe Steel Ltd - Japan
  • SASOL - South Africa
  • SUEK AG - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • GVK Power & Infra Limited - India
  • Peabody Energy - USA
  • Economic Council, Georgia
  • Xstrata Coal
  • Asia Cement - Taiwan
  • Coaltrans Conferences
  • Vale Mozambique
  • BRS Brokers - Singapore
  • European Bulk Services B.V. - Netherlands
  • Noble Europe Ltd - UK
  • Asian Development Bank
  • Kapuas Tunggal Persada - Indonesia
  • Freeport Indonesia
  • Maersk Broker
  • Bukit Asam (Persero) Tbk - Indonesia
  • Bulk Trading Sa - Switzerland
  • Africa Commodities Group - South Africa
  • Essar Steel Hazira Ltd - India
  • Sree Jayajothi Cements Limited - India
  • McConnell Dowell - Australia
  • Glencore India Pvt. Ltd
  • Global Coal Blending Company Limited - Australia
  • Humpuss - Indonesia
  • Metalloyd Limited - United Kingdom
  • Kepco SPC Power Corporation, Philippines
  • Geoservices-GeoAssay Lab
  • Borneo Indobara - Indonesia
  • Therma Luzon, Inc, Philippines
  • PetroVietnam
  • Thailand Anthracite
  • Central Java Power - Indonesia
  • Edison Trading Spa - Italy
  • SMC Global Power, Philippines
  • Oldendorff Carriers - Singapore
  • Mjunction Services Limited - India
  • TNPL - India
  • CNBM International Corporation - China
  • EIA - United States
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mintek Dendrill Indonesia
  • Jindal Steel & Power Ltd - India
  • Platts
  • APGENCO India
  • Standard Chartered Bank - UAE
  • Tamil Nadu electricity Board
  • IEA Clean Coal Centre - UK
  • Rio Tinto Coal - Australia
  • Sucofindo - Indonesia
  • Enel Italy
  • Directorate Of Revenue Intelligence - India
  • Credit Suisse - India
  • Sinarmas Energy and Mining - Indonesia
  • SRK Consulting
  • Planning Commission, India
  • Mercator Lines Limited - India
  • BNP Paribas - Singapore
  • Kumho Petrochemical, South Korea
  • Lafarge - France
  • Eastern Coal Council - USA
  • Cement Manufacturers Association - India
  • TeaM Sual Corporation - Philippines
  • Commonwealth Bank - Australia
  • PLN - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • PLN Batubara - Indonesia
  • Sical Logistics Limited - India
  • Arch Coal - USA
  • Gupta Coal India Ltd
  • Uttam Galva Steels Limited - India
  • International Coal Ventures Pvt Ltd - India
  • ANZ Bank - Australia
  • Core Mineral Indonesia
  • IOL Indonesia
  • Samsung - South Korea
  • Semirara Mining Corp, Philippines
  • Ministry of Transport, Egypt
  • The University of Queensland
  • Indonesian Coal Mining Association
  • Moodys - Singapore
  • Merrill Lynch Commodities Europe
  • Pendopo Energi Batubara - Indonesia
  • Argus Media - Singapore
  • The State Trading Corporation of India Ltd
  • TRAFIGURA, South Korea
  • Bank of America
  • Adani Power Ltd - India
  • Iligan Light & Power Inc, Philippines
  • ASAPP Information Group - India
  • Adaro Indonesia
  • Sakthi Sugars Limited - India
  • globalCOAL - UK
  • Fearnleys - India
  • Straits Asia Resources Limited - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Meralco Power Generation, Philippines
  • Merrill Lynch Bank
  • Marubeni Corporation - India
  • Port Waratah Coal Services - Australia
  • Meenaskhi Energy Private Limited - India
  • Australian Commodity Traders Exchange
  • Kideco Jaya Agung - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • bp singapore
  • Baramulti Group, Indonesia
  • Mitra SK Pvt Ltd - India
  • KOWEPO - South Korea
  • Leighton Contractors Pty Ltd - Australia
  • Ind-Barath Power Infra Limited - India
  • Bhoruka Overseas - Indonesia
  • Cargill India Pvt Ltd
  • Bhatia International Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Central Electricity Authority - India
  • Gujarat Sidhee Cement - India
  • CoalTek, United States
  • Electricity Generating Authority of Thailand
  • Miang Besar Coal Terminal - Indonesia
  • Antam Resourcindo - Indonesia
  • Riau Bara Harum - Indonesia
  • CIMB Investment Bank - Malaysia
  • Orica Mining Services - Indonesia
  • Toyota Tsusho Corporation, Japan
  • GMR Energy Limited - India
  • Indonesia Power. PT
  • Gresik Semen - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • ETA - Dubai
  • Thomson Reuters GRC
  • Indika Energy - Indonesia
  • VISA Power Limited - India
  • Grasim Industreis Ltd - India
  • Shree Cement - India
  • MEC Coal - Indonesia
  • Maruti Cements - India
  • GHCL Limited - India
  • Aboitiz Power Corporation - Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Energy Development Corp, Philippines
  • Cemex - Philippines
  • Mitsubishi Corporation
  • Power Finance Corporation Ltd., India
  • Coal Orbis AG
  • Maharashtra Electricity Regulatory Commission - India
  • J M Baxi & Co - India
  • Mechel - Russia
  • Banpu Public Company Limited - Thailand
  • Ministry of Mines - Canada
  • Bharathi Cement Corporation - India
  • Alfred C Toepfer International GmbH - Germany
  • McKinsey & Co - India
  • Wood Mackenzie - Singapore
  • Kaltim Prima Coal - Indonesia
  • KEPCO - South Korea
  • Xindia Steels Limited - India
  • Thriveni
  • Latin American Coal - Colombia
  • Simpson Spence & Young - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Attock Cement Pakistan Limited
  • Japan Coal Energy Center
  • Cardiff University - UK
  • Makarim & Taira - Indonesia
  • CESC Limited - India
  • Goldman Sachs - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Dalmia Cement Bharat India
  • Ernst & Young Pvt. Ltd.
  • Indogreen Group - Indonesia
  • Formosa Plastics Group - Taiwan
  • Jatenergy - Australia
  • Anglo American - United Kingdom
  • Siam City Cement PLC, Thailand
  • Jorong Barutama Greston.PT - Indonesia
  • ICICI Bank Limited - India
  • Singapore Mercantile Exchange
  • Renaissance Capital - South Africa
  • Salva Resources Pvt Ltd - India
  • Australian Coal Association
  • Samtan Co., Ltd - South Korea
  • The Treasury - Australian Government
  • India Bulls Power Limited - India
  • KPCL - India
  • Maheswari Brothers Coal Limited - India
  • EMO - The Netherlands
  • Platou - Singapore
  • U S Energy Resources
  • Intertek Mineral Services - Indonesia
  • UOB Asia (HK) Ltd
  • Trasteel International SA, Italy
  • IBC Asia (S) Pte Ltd
  • New Zealand Coal & Carbon
  • Neyveli Lignite Corporation Ltd, - India
  • Aditya Birla Group - India
  • PNOC Exploration Corporation - Philippines
  • Vizag Seaport Private Limited - India
  • Independent Power Producers Association of India
  • Timah Investasi Mineral - Indoneisa
  • Georgia Ports Authority, United States
  • MS Steel International - UAE
  • PetroVietnam Power Coal Import and Supply Company
  • Malco - India
  • Coeclerici Indonesia
  • Bhushan Steel Limited - India
  • Ministry of Finance - Indonesia
  • Energy Link Ltd, New Zealand
  • Coastal Gujarat Power Limited - India
  • Infraline Energy - India
  • Parliament of New Zealand
  • Wilmar Investment Holdings
  • Petron Corporation, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Manunggal Multi Energi - Indonesia
  • The India Cements Ltd
  • Bangkok Bank PCL
  • Coalindo Energy - Indonesia
  • Thiess Contractors Indonesia
  • World Bank
  • Coal and Oil Company - UAE
  • Medco Energi Mining Internasional
  • SMG Consultants - Indonesia
  • Panama Canal Authority
  • Indo Tambangraya Megah - Indonesia
  • Cosco
  • HSBC - Hong Kong
  • Surastha Cement
  • Binh Thuan Hamico - Vietnam
  • Arutmin Indonesia
  • CCIC - Indonesia
  • NALCO India
  • Britmindo - Indonesia
  • OCBC - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • GNFC Limited - India
  • PowerSource Philippines DevCo
  • Asmin Koalindo Tuhup - Indonesia
  • Lanco Infratech Ltd - India
  • SGS (Thailand) Limited
  • Bangladesh Power Developement Board
  • Shenhua Group - China
  • White Energy Company Limited
  • Inspectorate - India
  • Mitsui
  • Carbofer General Trading SA - India
  • Price Waterhouse Coopers - Russia
  • WorleyParsons
  • Interocean Group of Companies - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Eastern Energy - Thailand
  • World Coal - UK
  • Indian Oil Corporation Limited
  • Star Paper Mills Limited - India
  • Petrosea - Indonesia
  • Deutsche Bank - India
  • TGV SRAAC LIMITED, India
  • Rashtriya Ispat Nigam Limited - India
  • Savvy Resources Ltd - HongKong
  • Directorate General of MIneral and Coal - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Global Business Power Corporation, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • Reliance Power - India
  • Heidelberg Cement - Germany
  • Holcim Trading Pte Ltd - Singapore
  • PTC India Limited - India
  • Kobexindo Tractors - Indoneisa
  • Thai Mozambique Logistica
  • Ince & co LLP
  • NTPC Limited - India
  • Orica Australia Pty. Ltd.
  • Bayan Resources Tbk. - Indonesia
  • South Luzon Thermal Energy Corporation
  • Videocon Industries ltd - India
  • Posco Energy - South Korea
  • Malabar Cements Ltd - India
  • Tanito Harum - Indonesia
  • Runge Indonesia
  • Total Coal South Africa
  • GB Group - China
  • Sindya Power Generating Company Private Ltd
  • Sarangani Energy Corporation, Philippines
  • IMC Shipping - Singapore
  • San Jose City I Power Corp, Philippines
  • Indorama - Singapore
  • ING Bank NV - Singapore
  • LBH Netherlands Bv - Netherlands
  • Ceylon Electricity Board - Sri Lanka
  • Agrawal Coal Company - India
  • Altura Mining Limited, Indonesia
  • JPower - Japan
  • Indian School of Mines
  • Rudhra Energy - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Deloitte Consulting - India
  • DBS Bank - Singapore
  • Siam City Cement - Thailand
  • Pinang Coal Indonesia
  • KPMG - USA
  • Parry Sugars Refinery, India
  • Vedanta Resources Plc - India
  • TANGEDCO India
  • SN Aboitiz Power Inc, Philippines
  • Maybank - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • Russian Coal LLC
  • Madhucon Powers Ltd - India
  • Idemitsu - Japan
  • Cigading International Bulk Terminal - Indonesia
  • Bukit Makmur.PT - Indonesia
  • RBS Sempra - UK
  • Cebu Energy, Philippines
  • UBS Singapore
  • Tata Power - India
  • Coal India Limited
  • Semirara Mining and Power Corporation, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Barclays Capital - USA
  • Minerals Council of Australia
  • Ambuja Cements Ltd - India
  • Bank of China, Malaysia
  • Mercuria Energy - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Berau Coal - Indonesia
  • Thermax Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Electricity Authority, New Zealand
  • Chamber of Mines of South Africa