NTPC to hive off coal mining business into arm in Rs 7,795-crore deal

NTPC to hive off coal mining business into arm in Rs 7,795-crore deal

MUMBAI – State-owned power producer NTPC Ltd has received board approval to hive off its coal mining operations into a wholly-owned subsidiary NTPC Mining Ltd. The coal mining business generated revenue of Rs 4,012 crore in FY23, and contributed 2.25% to NTPC’s total revenue during the period. NTPC Mining is a 100% subsidiary of NTPC … Read more

Strong case to hike coal prices, could happen soon: CIL chairman

Strong case to hike coal prices, could happen soon: CIL chairman

Representational file image of a coal loading point at an underground coal mine. | Photo Credit: G.N. Rao Coal India Chairman Pramod Agrawal on March 20 said there is a “strong case” for increasing coal prices, and the hike could be effected “very soon” as discussions are underway with stakeholders. Mr. Agrawal also said he … Read more

Climate activist Greta Thunberg released after being detained by German police at coal mine protest | CNN

Climate activist Greta Thunberg released after being detained by German police at coal mine protest | CNN

CNN  —  Swedish climate activist Greta Thunberg was released by German police on Tuesday evening after being detained earlier in the day at a protest over the expansion of a coal mine in the western village of Lützerath, police confirmed to CNN on Wednesday. ”Thunberg was only briefly detained. Once (Thunberg’s) identity was established, she … Read more

40 killed, dozens trapped by explosion in Turkey coal mine | CNN

40 killed, dozens trapped by explosion in Turkey coal mine | CNN

CNN  —  An explosion inside a coal mine in northern Turkey has killed at least 40 people and left 11 others hospitalized, state news media reported on Saturday. The explosion took place in the Black Sea town of Amasra in Bartin province on Friday, trapping dozens beneath the rubble of the blast. Eleven wounded workers … Read more

Loretta Lynn, coal miner’s daughter turned forthright country queen, dies at 90 | CNN

Loretta Lynn, coal miner’s daughter turned forthright country queen, dies at 90 | CNN

CNN  —  Loretta Lynn, the “Coal Miner’s Daughter” whose gutsy lyrics and twangy, down-home vocals made her a queen of country music for seven decades, has died. She was 90. Lynn’s family said in a statement to CNN that she died Tuesday at her home in Tennessee. “Our precious mom, Loretta Lynn, passed away peacefully … Read more