Negotiations between Nippon Steel Corp. and Australian and British mining giant BHP Billiton are likely to result in a 200 percent spike in the price of coking coal in the next business year, sources said Saturday. JFE Steel Corp. and other major Japanese steelmakers are likely to accept price rises of similar magnitude, the sources said. Overall costs for the Japanese steel industry are likely to be pushed up by

There seems to be a serious divide within the Planning Commission over the implementation of the country's first $8-billion coal-to-liquid (CTL) project by the Tata group and its South African partner Sasol. The inter-ministerial group (IMG) headed by Planning Commission member (energy) Kirit Parikh had in February-end, given its consent to the Tata-Sasol project. The Tata group has sought access to 30 million tonne a year of coal for producing 3 million barrels of oil and 1,500 mw of power for the CTL project.

POWER sector financing company Power Finance Corporation (PFC) and Railways technical advisory wing RITES, on Thursday, signed an MoU to jointly import coal from countries, including Africa, to ease s

The Power and Energy Ministry has taken steps to begin the construction of the second and third coal fired power plants in Sampur and Velvuur in Trincomalee in June, a ministry official said.

Awaits government nod for plan to develop mines in a strategic partnership with North American Coal Corporation.

Coal miners are still working in the German town of Bottrop, but the government has decided to end mining in the country by 2018 because German coal is the most expensive in the world.

An inter-ministerial group (IMG) has cleared the $8-billion (Rs 32,000 crore) CTL project of the Tata group and its partner Sasol of South Africa, the world's largest producer of oil from coal.

India's first coal-to-liquid (CTL) project rolls off.