Coal India Coal India Limited (CIL) is an organized state owned coal mining corporate, which came into being in November 1975, with the government taking over private coal mines. With a modest production of 79 Million Tonnes (MTs) at the year of its inception, CIL is the single largest coal producer in the world today. […]
Coal – the Biggest Fuel The recent travails of coal companies in the USA due to low natural gas prices has led many people to think that the days of coal are over. However many people are missing the fact that there are massive coal shortages in India and China. These emerging giants depend on […]
Indian Media in Coal Scam The massive coal scam which is the latest in the series of billion dollar scams afflicting India in recent times has turned uglier. India’s top conglomerate the Jindal group which is led by members of the ruling party had recently alleged extortion threats from one of India’s top media groups […]
Indian Coal Shortage leads to Idle Power There are massive power brownouts across India as electricity supply is shut down due to lack of fuel. Note the majority of India’s power capacity is built using thermal power plants run on coal. However India’s coal mining policy is a huge mess with Coal India the monopoly […]
The past 5 years have been a riches to rags story for India’s power generation companies. The utilities which competed with each other for the position of being India’s biggest private power generator are now finding themselves competing to delay their power projects. We had warned earlier about the over reliance in an earlier post. […]
Indian Government unleashed a number of half baked reforms which were pending for a long time but that has not helped the industry all that much. Though the stock markets have gone up, the companies in the reform sectors have not benefited much as the reforms have failed to address the core structural issues. India’s […]