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Adani Group Regains $200 Billion-Mark As Company Rebuts Coal Allegations
Adani Group's market capitalisation on Wednesday regained USD 200 billion-mark after its listed firms gained Rs 11,300 crore as investors reposed faith on the company denying any wrongdoing in supply of coal to Tamil Nadu power company.
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Moody's Analytics Warns Of Global Coal Trade Disruptions After US Bridge Collapse
In the aftermath of collapse of Baltimore's Francis Scott Key Bridge on Tuesday, Moody's Analytics has released an analysis highlighting potential disruptions to the global coal market.
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How US Bridge Collapse May Impact Indian Importers, Hit Supply Chain
The collapse of the Francis Scott Key bridge in Baltimore in the US has reverberated across the Indian coal and petcoke markets, sparking concerns about potential supply chain disruptions and price impacts.
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"Malicious Campaign To Tarnish Image": Adani Group Slams Financial Times
The Adani Group today slammed the UK-based newspaper Financial Times' "malicious campaign to drag down its market value and tarnish its reputation".
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Government Gets Rs 4,185 Crore Through 3% Stake Sale In Coal India
The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India.
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Centre To Sell Up To 3% Stake In Coal India, Floor Price Fixed At Rs 225 Per share
The government will offload up to 3 per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for the exchequer.
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Centre Proposes To Sell Up To 3% Stake In Coal India Limited
The government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2.
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Centre Planning To Develop This Chhattisgarh Coal Mine Into Asia's Largest
Gevra Mega project in Chhattisgarh of South Eastern Coalfields (SECL) recently became the first mine in the country to achieve 50 million tonne of coal production annually. The government is currently trying to expand its capacity to achieve 70 million tonne output annually which would make it the largest coal-producing mine in Asia.
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Adani Enterprises Q4 Profit More Than Doubles To Rs 722 Crore
Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, helped by a strong performance at its key coal trading division.
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April Coal Production Hits Record High At 73.02 Million Tonne
The coal production has made a new record for highest-ever production during the month of April 2023, achieving 73.02 million tonnes (MT) with a yearly growth of 8.67 per cent.
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Coal India Surpasses Annual Output Target For First Time Since 2006
Coal India Ltd said today it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended in March 2006.
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Adani Krishnapatnam Port Logs Highest Ever Coal Loading At 12.95 MT In 2022-23
Adani Krishnapatnam Port Pvt Siding Ltd of South Central Railway zone's Vijayawada Division has logged highest ever, 12.95 MT, coal loading milestone in 2022-23, said an official.
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India Facing Increased Risks Of Power Cuts After Years Of Coal, Hydro Power Neglect
A rapid addition of solar farms has helped India avert daytime supply gaps, but a shortage of coal-fired and hydropower capacity risks exposing millions to widespread outages at night.
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Adani Power Calls Off Plan To Acquire Rs 7,000 Coal Plant
In August 2022, Adani Power agreed to take control of DB Power at an enterprise value of Rs 70.2 billion.
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Regulator Approves New Market Segment For Expensive Power
The approval, given to the country's largest spot power market, the Indian Energy Exchange, is for fuel generated from costlier sources like imported coal and gas.
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Adani Group Regains $200 Billion-Mark As Company Rebuts Coal Allegations
Adani Group's market capitalisation on Wednesday regained USD 200 billion-mark after its listed firms gained Rs 11,300 crore as investors reposed faith on the company denying any wrongdoing in supply of coal to Tamil Nadu power company.
-
Moody's Analytics Warns Of Global Coal Trade Disruptions After US Bridge Collapse
In the aftermath of collapse of Baltimore's Francis Scott Key Bridge on Tuesday, Moody's Analytics has released an analysis highlighting potential disruptions to the global coal market.
-
How US Bridge Collapse May Impact Indian Importers, Hit Supply Chain
The collapse of the Francis Scott Key bridge in Baltimore in the US has reverberated across the Indian coal and petcoke markets, sparking concerns about potential supply chain disruptions and price impacts.
-
"Malicious Campaign To Tarnish Image": Adani Group Slams Financial Times
The Adani Group today slammed the UK-based newspaper Financial Times' "malicious campaign to drag down its market value and tarnish its reputation".
-
Government Gets Rs 4,185 Crore Through 3% Stake Sale In Coal India
The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India.
-
Centre To Sell Up To 3% Stake In Coal India, Floor Price Fixed At Rs 225 Per share
The government will offload up to 3 per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for the exchequer.
-
Centre Proposes To Sell Up To 3% Stake In Coal India Limited
The government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2.
-
Centre Planning To Develop This Chhattisgarh Coal Mine Into Asia's Largest
Gevra Mega project in Chhattisgarh of South Eastern Coalfields (SECL) recently became the first mine in the country to achieve 50 million tonne of coal production annually. The government is currently trying to expand its capacity to achieve 70 million tonne output annually which would make it the largest coal-producing mine in Asia.
-
Adani Enterprises Q4 Profit More Than Doubles To Rs 722 Crore
Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, helped by a strong performance at its key coal trading division.
-
April Coal Production Hits Record High At 73.02 Million Tonne
The coal production has made a new record for highest-ever production during the month of April 2023, achieving 73.02 million tonnes (MT) with a yearly growth of 8.67 per cent.
-
Coal India Surpasses Annual Output Target For First Time Since 2006
Coal India Ltd said today it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended in March 2006.
-
Adani Krishnapatnam Port Logs Highest Ever Coal Loading At 12.95 MT In 2022-23
Adani Krishnapatnam Port Pvt Siding Ltd of South Central Railway zone's Vijayawada Division has logged highest ever, 12.95 MT, coal loading milestone in 2022-23, said an official.
-
India Facing Increased Risks Of Power Cuts After Years Of Coal, Hydro Power Neglect
A rapid addition of solar farms has helped India avert daytime supply gaps, but a shortage of coal-fired and hydropower capacity risks exposing millions to widespread outages at night.
-
Adani Power Calls Off Plan To Acquire Rs 7,000 Coal Plant
In August 2022, Adani Power agreed to take control of DB Power at an enterprise value of Rs 70.2 billion.
-
Regulator Approves New Market Segment For Expensive Power
The approval, given to the country's largest spot power market, the Indian Energy Exchange, is for fuel generated from costlier sources like imported coal and gas.
