Coal Market Snapshots

>>The Kolkata Chapter of the National Company Law Tribunal has ordered liquidation of Gujarat NRE—the largest Met Coke producer in India—as the company failed to resolve the INR 4,900 crore default case.
>> Russia-based Siberian Anthracite produced 3.4 MnT of Anthracite Coal in 1H2017; and that was an increase of 51% over the production of 2.2 MnT in 1H 2016.
>>Oil & gas major—GAIL—is considering setting up coal to a Synthetic Gas plant in Odisha. Synthetic Gas will be cheaper than Natural Gas.


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