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Total 17 results found. Search for [ Peabody Energy ]

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March 10, 2020
Coal is among the top five commodities imported by India, the world's largest consumer, importer and producer of the fuel

NEW DELHI/MELBOURNE, November 18, 2019
The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp

July 20, 2019
Indian utilities are importing more as the government has failed to open the industry to competition because bureaucratic indecision and resistance from unions has stalled the passage of a liberalization policy approved by the country's cabinet 16 months ago.

December 2, 2016
Under PM Modi, Coal India's production growth rate has nearly doubled, marking one of the administration's biggest successes. Fuel shortages for power plants have turned into oversupply.

New Delhi, May 3, 2016
Plans by India's coal monopoly to buy billions of dollars of new machinery and outsource work are facing resistance from powerful unions worried about job losses, in a potential blow to Prime Minister Narendra Modi's promise to bring electricity to all.

New York, March 17, 2016
The Fed indicated moderate US economic growth and \"strong job gains\" would allow it to tighten policy this year with fresh projections showing policymakers expected two quarter-point hikes by the year's end.

March 14, 2016
The world's third-largest coal importer wants private companies to contribute about a third of an annual production target of 1.5 billion tonne by 2020, but the hold up in opening the sector to non-government companies for the first time in over 40 years may mean India will fall well short of that mark.

Krishna N. Das
January 8, 2016
Anil Swarup, the country's top coal bureaucrat, told Reuters on Friday the government has identified mines it plans to auction, and is now finalising other terms such as eligibility criteria for companies to take part and whether and how to set up revenue sharing.

Krishna N Das and Jatindra Dash
New Delhi, January 8, 2015
The strike by coal workers across the country was called off after Coal and Power Minister Piyush Goyal and Coal India Chairman S Bhattacharya met representatives of trade unions.

Krishna N Das
New Delhi, January 7, 2015
CIL workers' unions are protesting Prime Minister Narendra Modi's move to allow private companies to mine and sell the fuel for the first time in 42 years.

Rupam Jain Nair and Krishna N Das
New Delhi, October 22, 2014
The government has said that any company incorporated in India may be allowed to mine coal for their own consumption or sale, overturning a 42-year-old ban.

N. Madhavan, K.R. Balasubramanyam and Anilesh S. Mahajan
December 5, 2013
Mining has faced multiple problems in recent years. There have been problems in acquiring land for new mines and delays in government approvals. Increased judicial scrutiny following corruption scandals in the allotment of mining blocks and environmental degradation caused by illegal mining have made matters worse.
August 4, 2011
Quick takes on major events of the last fortnight

New Delhi, June 13, 2011
Both the companies are mulling the formation of a joint venture company (JVC) to implement the project at the Wilkie Creek coal mine, in Queensland, Australia, owned by Peabody.

New Delhi, December 1, 2010
Apart from Peabody, the company is also negotiating with US firm Massey Energy and Indonesian Novem/Sinarma, for a possible partnership for their respective mines.

New Delhi, November 23, 2010
The state-owned navratna company posted a net of Rs 4,020 crore for the April-September period, up 29 per cent from the Rs 3,115 crore it reported in the year-ago period.

New Delhi, October 13, 2010
Sources said the talks are at an initial stage and a decision would only be taken after the completion of CIL's mega IPO - starting October 18 and ending October 21.