Daily Archive: April 11, 2014

NTPC pays dues, ends conflict with Coal India

KOLKATA: State-run power producer NTPC has settled the dues of two Coal India subsidiaries, bringing to a close a protracted tussle over quality of fuel the state-run miner was providing. “Dues at Eastern Coalfields and Bharat Coking Coal...

Power demand blackout sparks spot price meltdown

A historic slump in power demand from bankrupt distribution utilities has dragged down spot prices at India’s largest power exchange, India Energy Exchange (IEX), to the lowest ever in its seven-year history. Average prices crashed to Rs...

Govt receives 36 applications for three coal mines

The government has so far received 36 applications from companies, including Jindal Steel and Power Ltd (JSPL) and Tata Steel Ltd, in response to a notice inviting applications for allotment of three coal blocks...