Daily Archive: March 22, 2016

China Feb coal imports from Australia down 20 pct y/y

China imported 4.42 million tonnes of coal from Australia, its biggest supplier, in February, down 19.82 percent from a year ago, data from the country’s customs authority showed on Monday. The data excludes low-grade...

Workers at Coal India withdraw one-day strike

Coal India workmen, on Monday, deferred the token one-day strike on March 29th following fruitful discussions with the coal minister and the management. In a statement, the Indian National Mineworkers’ Federation – a Federation...

Slow pace of grid links irks solar developers

Trouble may be brewing in Rajasthan, the state with the largest installed solar power capacity in the country, over the pace of providing grid connectivity for new plants. Solar developers are irked over what...

Retro tax settlement scheme to open from June 1

Government will open from June 1 its one-time offer to settle retrospective tax disputes involving firms like Vodafone and Cairn Energy after rules are framed for them to pay principal tax and get waiver...

PFS sanctions Rs 1,100-crore loans for power sector

PTC India Financial Services Ltd (PFS) has sanctioned loans of about Rs 1,100 crore to provide financial assistance to the power sector. “PTC India Financial Services Ltd… sanctioned loans aggregating about Rs 1,100 crore...