Coal India Ltd is on the verge of closing a deal with US-based miner Peabody Energy that would give it a stake in four Australian coal mines along with other overseas assets. According to the ‘The Age’ report recently, the Indian company has said that it was in the advanced stages of negotiations for the...
Coal energy is rather efficient, and was cost effective, but is no longer used in many places for two main reasons. the first one being supply and the second being pollution. Coal is a non-renewable resource, and therefore, we will inevitably run out of it. We must be conservative with our coal use now so...
India Cements has revealed that it plans to acquire a coal mine in Indonesia over the next few months. The company is also looking at acquiring a major gypsum producer, even as it is developing plans to enter the power sector, The Financial Express reported. India Cements vice chairman and managing director N Srinivasan said...
