NGT has directed closure of Industries using pet coke without nod. For full news click here
BHP Billiton, one of the biggest shipper of coal has declared force majeure on cyclone-hit Australian coal exports.
Already some effect is being felt in the coal market with coal prices trending upward.
How will this force majeure effect coal prices further is yet to be seen.
कोयले के सबसे बडे शिपर्स में से एक, बीएचपी बिलिटन, ने बवंडर-प्रभावित ऑस्ट्रेलियाई कोयला निर्यात पर Force majeure की घोषणा की है।
कोयले की कीमतों में बढ़ोतरी के साथ ही कोयले के बाजार में कुछ प्रभाव महसूस किया जा रहा है।
कोयले की कीमतों पर इस Force majeure का क्या असर पड़ेगा, यह अभी देखना बाकी है।
*The above news is taken from online sources.
Ministry of Steel may push to reduce duty on coking coal.
Speculation of green cess to be levied on imported pet coke.
Green Cess on coal may be revised.
Imported coal with high energy content is turning out to be cheaper at a large number of thermal plants than similar coal bought from Coal India since international prices have dipped almost 55 per cent over the past six years while the tate-run monopoly miner’s prices have only increased, along with freight and other levies.
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A coal traders meet is being held in Hyatt Regency, Ludhiana at 11 AM 31st March’15. We hope this meeting will provide some direction to the fluctuating market conditions in the Coal Industry.
As Chinese demands for coal slow down, India today stands at the center of the seaborne thermal coal market. Reports indicate that India may soon increase coal imports by 19%.
Amid the rising coal imports, are the increased freight rates for coal which will come into effect starting from 1 April 2015 as per Railway budget.
Govt. today announced in its Union Budget for 2015-2016, doubling of clean energy cess on coal from previously Rs.100 per tonne to Rs.200 per tonne. This move is expected to hike power tariff.