COAL BLOCKS
How China's clean-tech machine is reshaping the global climate fight
In 2024, China took the lead as the top investor in global clean technology, directing $132 billion to developing nations to aid carbon reduction efforts. This unprecedented infusion of resources could potentially reshape the landscape of international climate finance.
Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry Secretary
Coal gasification projects are expected to provide significant foreign exchange savings for India by substituting imports. The Coal Ministry has initiated financial incentives targeted towards promoting coal gasification. Responsible mining practices are emphasized to encourage sustainable development and investment in the coal sector.
Centre, states to discuss mining and coal sector reforms at conference in Goa: Minister
The National Conference on Mining is set to take place in South Goa over two days. The event will involve the Centre and states discussing reforms and challenges in the mining sector. Key agenda items include launching new critical mineral auction tranches and enhancing transparency. Extensive discussions are planned with states to unlock the sector's potential and advance reforms.
Strong balance sheet, domestic focus, and a moat matter more: 5 large-cap stocks with upside potential of up to 24%
The big event the market was waiting for has come and gone. So, is there greater clarity about where the crisis in the Gulf is headed? Not really. While US President Trump acknowledged the war was one of the reasons his Republican party received a drubbing at the hands of the Democrats, he said he would do it again. Which suggests it is unlikely that the uncertainty and volatility in the markets will go away anytime soon.
Tata Power, JSW Energy, Torrent Power: Ambit sees buying opportunity in power stocks after valuation reset
Ambit Capital sees the recent correction in power stocks as a re-entry opportunity, favouring Tata Power, JSW Energy and Torrent Power. Rising electricity demand, fresh capacity contracting and limited PPA visibility could drive the sector’s next growth phase.
All 14 workers trapped at Bengal coal mine rescued
The incident occurred on Monday due to a technical glitch in the pulley system at the Kumardihi A underground mine of Eastern Coalfields Ltd, a subsidiary of state-run Coal India Ltd.
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Amid supply chain issues, India's strategic mining in critical state
India's mining sector remains underdeveloped due to high import dependence and severe execution bottlenecks. Challenges include land acquisition difficulties, uncoordinated state-level regulations, and environmental concerns related to mining activities. The Centre has urged states to improve the operationalisation of mines, with only a fraction currently active. Various stages of clearances have delayed the progress of numerous mining projects in different regions.
Govt to bankroll half the cost of deepwater wells, but wants its money back from winners
The Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provide financial assistance up to 50 percent of the costs for exploratory wells. Eligible wells will have a cost cap, and only state-run firms can apply for funding. The government expects repayment only if successful oil or gas is discovered during the exploration.
Diversification plan: NMDC scouts for mining assets across four continents
NMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 percent of revenues from minerals other than iron ore. This expansion aligns with government initiatives to secure raw material supplies and decrease import dependency. NMDC's strategy is expected to enhance its role in India's manufacturing sectors. Industries such as automotive, renewable energy, and electronics will benefit from these efforts.
When noise is high, separate short-term headwinds from long-term business. 5 large-cap stocks with upside potential of up to 23%
For any decision you make in this market over the next three to six months, the first question should be about the business and the company. Is it hard to replace? If the answer is yes, you can ignore the short-term headwinds.
Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling risk
The Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of the drilling costs for exploratory wells to enhance oil reserves. The initiative aims to reduce dependence on imported hydrocarbons while stimulating investment in offshore basins. Shared infrastructure support will also aid in connecting small discoveries for production.
The world is falling further behind on climate action, and the US looms large
Humanity is heading towards a hotter world due to increasing carbon emissions primarily from the United States. The United Nations Environment Programme has updated its climate projections, indicating a potential rise of 1.2 degrees Celsius. The report notes that while most economies reduced emissions, the United States' emissions have surged significantly. These changes could lead to severe consequences for vulnerable communities and ecosystems globally.
From rocks to riches: India’s unfinished critical minerals story
India's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The recent supply disruptions from China have highlighted weaknesses in India's domestic capacity for refining these minerals. Efforts to enhance mineral processing and create integrated production facilities are underway to reduce import dependence.
Stocks in news: Vedanta, HDFC Bank, ICICI Bank, Axis Bank, HFCL, IREDA, Zen Tech and Oil India
Indian equities turned around as information technology stocks attracted sustained buying interest. Strong quarterly earnings reports enhanced investor confidence in the market, with the Nifty 50 index achieving a closing point of 23,146, representing a 0.65% rise. Prominent companies like HDFC Bank and ICICI Bank shared their quarterly outcomes, showcasing improved asset quality. Investors are anticipated to keep an eye on upcoming corporate announcements which may guide market trends.
Essar Oil & Gas wins five CBM blocks across three states, adds 6.6 Tcf gas reserves
Essar Oil & Gas has acquired five coal-blend methane blocks across West Bengal, Madhya Pradesh and Telangana. The company aims to enhance domestic natural gas production while developing approximately 1,281 square kilometers of new acreage. This expansion also includes significant resources of around 6.6 trillion cubic feet of gas-in-place. Essar currently produces nearly 50 percent of India’s CBM production, reflecting its strong position in this sector.
Shyam Metalics invests in coal block bidder to boost raw material security
Shyam Metalics Group has secured strategic mining rights for the Phutamura coal block in Chhattisgarh. The investment in Alom Solar Private Limited aims to ensure a stable, long-term and cost-effective coal supply for its captive power generation and steel manufacturing operations. The investment also underscores the group's focus on sustainable growth and long-term value creation for stakeholders.
In a world no one forecast, own a business that outlives presidential social posts: 6 large-cap stocks with upside potential of up to 29%
For quite some time now, it has become increasingly hard to make sense of what is happening in the world. The old understanding of what is sensible and nonsensical has vanished, and things once kept hidden in the darkest corners are now done openly by those in charge of the most powerful places on earth. So, for the next two-and-a half years, until this phase of global politics runs its course, we will continue to see the kind of surprises that no business can plan for.
ET Prime Special Series: Multibagger or Bankruptcy? Part 79: 5 years changed the size of this auto supplier. Will it pass the quality test?
The most striking number in this story is not a margin or a market-share target. It is a measure of scale. Revenue in the latest quarter was almost the same as full-year sales in FY21 and higher than the entire FY20 top line. It also argues that its current heavy-vehicle exposure is not under an immediate EV threat. For investors, the story is shifting from whether the company can grow to whether the additional capital can generate better returns.
NTPC may buy 10 million tonnes of coal from commercial mines
This would be the second year when the company has procured from commercial mines. In FY25, it had procured around 4 mt. India's largest power generator is expected a coal requirement of around 300 mt in FY27, up 11% from FY26. Most of the company's supply comes from fuel supply agreements with state-run miners.
Stocks in news: Adani Power, SAIL, BCCL, SAIL, Cupid and CleanMax Enviro
Indian equity benchmarks experienced an increase on Friday, noting that volatility in crude oil and bond yields affected investor sentiment. The Nifty 50 and Sensex closed higher, although gains were limited due to market conditions. Several companies, including Adani Power and SAIL, are expected to be in focus following corporate developments. Notably, Adani Power completed a merger of subsidiaries, while SAIL signed a memorandum for coal block development.
The most uncertain sector also pays the most to wait. Watchlist for patient investors: 5 stocks with upside potential of up to 25%
There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not to be done casually. Done wrong, it is just recklessness. It becomes a sensible move only when there is a solid, logical reason behind it. So, the real question is not whether some companies are beaten down. The question is whether there is a good reason to buy them anyway.
Coal India Limited announces ambitious Business Development portfolio for diversification beyond mining
Coal India Limited announced its ambitious business development portfolio on Sunday. This plan focuses on five key platforms for future expansion and growth. Initiatives include coal gasification, thermal power, and renewable energy ventures. The company will also explore critical minerals and advanced materials. This diversification aims for energy and mineral security and import substitution.
India needs multi-route energy strategy as West Asia tensions threaten supplies: Experts
Growing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas suppliers. Expanding storage and port infrastructure is also crucial for national energy security. Alternative routes and logistical options are needed to maintain supplies during crises. India must build resilience through reserves and flexible refining capacity.
IEX power prices hit ₹20/unit ceiling as strong demand and tight supply pressure the market
India’s electricity market has seen prices surge in September as strong power demand and tighter supply pushed the High Price Day-Ahead Market (HP-DAM) on the Indian Energy Exchange to its ₹20 per unit ceiling on several days.
India’s mining, metals sector needs technology shift to strengthen supply chains: Report
India's mining and metals sector needs technology adoption for future competitiveness. Resource efficiency and supply chain resilience are crucial for growth. Companies must unlock higher value from existing operations and materials. Increased use of low-grade ores and scrap will support circularity. Meeting future demand requires sustained efforts and wider technology integration.
India launches 16th round of commercial coal mine auctions, offering 25 blocks for investment
The Ministry of Coal launched its sixteenth commercial coal mine auction round. Twenty-five blocks across several states are now available for investor participation. Six previously auctioned mines have awarded development and production agreements to winning bidders. These mines are projected to generate significant revenue and employment opportunities. India's coal output has seen a notable increase in recent fiscal years.
Coal Ministry opens 16th round of commercial Coal mine bidding, offering 25 blocks across 8 states
The Ministry of Coal has launched its sixteenth auction round for commercial coal mines. Twenty-five coal blocks across eight states are now available for investor participation. This initiative aims to generate significant employment and attract new investments into the sector. Previously auctioned mines are projected to generate substantial revenue and capital investment.
Census 2027 totally perverted, intent dubious: Congress
Congress criticizes Census 2027, calling its intent dubious and content flawed. Jairam Ramesh stated the census has been perverted with worthless and superfluous questions. The party also raised concerns about new questions and data collection quality. Congress leaders previously wrote to Prime Minister Modi about the caste census. They expressed objections to the current caste census process.
Ecocide being executed with full support of PM Modi: Cong on Tara coal block auction
The Congress party has strongly criticized the Modi government's recent auction of the Tara coal block. This action is taking place within Chhattisgarh's biodiversity-rich Hasdeo-Aranya ecosystem, a region vital for local communities. The party alleges this decision constitutes ecocide, executed with the Prime Minister's full support. Local Adivasi communities have long protested against mining in this ecologically sensitive forest area.
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