Daily Archive: February 28, 2013

CIL to chart out PPP model for coal exploration

Acting on the advice of the Planning Commission to involve the private sector in the extraction of coal to meet the rising demand, the Finance Minister, P. Chidambaram, on Thursday, said Coal India Limited...

Coal is still under-priced

The pricing of coal is now done on gross calorific value basis (GCV) replacing the earlier system of useful heat value (UHV). This revision in GCV is likely to increase domestic coal prices to...