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The Latest Breaking News from Coal

Morning Digest | Railways cancels 42 passenger trains to facilitate coal movement amid power crisis; curfew imposed in Patiala after group clash, and more

A select list of stories to read before you start your day

The Hindu

Wild ride for voters and candidates in seat of Paterson

Named in honour of the poet who created "The Man from Snowy River", along with an early colonial explorer, Paterson stretches through the Hunter, from the retirement heaven around Port Stephens to a parcel of the traditional mining - and Labor - heartland of the Coalfields, so there is much…

Newcastle Herald

NTPC contradicts Delhi govt remark on coal, power cuts

NEW DELHI: State-run generation utility NTPC on Friday contradicted the Delhi government’s statement on impending power cuts due to coal shortage, saying all its generation stations supplying the capital were running at full capacity and getting fuel daily.

The Times of India

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Power situation serious, need to act together to find solution, says Delhi CM Arvind Kejriwal

NEW DELHI: As Delhi’s peak power demand scorched the record books once again on Friday and clocked an all-time high for April at 6,197 MW, chief minister Arvind Kejriwal said there was an urgent need to take concrete measures to deal with the huge problem of electricity across the country.

The Times of India

Red and dead: Streams of acid leach from old Hunter mines

Salinity from Upper Hunter mines will trump acid drainage issues, expert.

Newcastle Herald

Power-hungry India halts passenger trains to free up track to move coal

India has boosted the output of coal and cancelled passenger trains to free up rail track to move it, officials said on Friday, as the government scrambles to overcome its worst power crisis in years.

Reuters

Core sectors’ growth slows to 4.3% in March

Coal production shrinks; industrial output growth in the month expected to be 2.5%-3.5%

The Hindu

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Railways cancels 42 passenger trains to facilitate coal movement amid looming power crisis

Thousands of travellers left stranded in peak wedding, holdiay season

The Hindu

CIL output grows 27% in April; despatch improves 5.8%: Coal ministry

KOLKATA/NEW DELHI: Public sector miner Coal India has reported an increase of 27.2 per cent in its output in April 2022 as compared to the year-ago period, coal ministry said on Friday.

The Times of India

KSEB to buy electricity at higher rates to meet peak-hour demand

To avoid power restrictions following coal shortage

The Hindu

Govt. mismanagement to blame for coal shortage, power outages: Congress

Power, coal crises have created havoc in the country, says Rahul

The Hindu

More than half of all Irish households continue to use solid fuels such as coal, peat and wood to heat their homes

The research comes amid a major political controversy over proposals to ban the sale of turf

Irish Mirror

Core sector growth slows down to 4.3% in March; end FY22 with 10.4% expansion

NEW DELHI: The production growth of eight infrastructure sectors slowed down to 4.3 per cent in March due to a decline in the output of coal and crude oil, though for the full 2021-22 fiscal, the core sector recorded a 10.4 per cent expansion, according to official data released on…

The Times of India

Buy These 3 Stocks Yielding More Than 5% to Protect Your Portfolio

The fears of a global economic slowdown, coupled with the Fed’s monetary policy tightening to combat inflation and intensifying geopolitical tensions, are expected to keep the stock market under tremendous pressure in the near term. Given the market turbulence, we think the shares of Rio Tinto (RIO), Westlake Chemical Partners…

StockNews.com

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Newcastle Herald

Electricity prices surge on coal price rises and outages

Consumers facing big power bill increases says regulator

The Philadelphia Inquirer

A Toll Bros. founder sees new business opportunities amid global troubles

Bruce E. Toll, co-founder in 1967 of Fortune 500 homebuilder Toll Bros., has long since diversified his fortune from the Fort Washington-based firm. His firm BET Investments Inc. has bet on health care, medical, information technology and telecom companies. And in Pennsylvania he owns coal fields and auto dealers and…

The Hindu

KTPP mishap: Genco suspends 2 engineers, shifts another

One among 7 hurt in coal mill accident succumbed on Wednesday

Newcastle Herald

Null and void: no simple fixes ahead for the Hunter's old mines

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

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news in one place.

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The Guardian - AU

Australia’s wholesale power prices double in a year as coal-fired power plants falter

The jolt in costs is being blamed mostly on more expensive fossil fuels and falling reliability of coal-fired power plants

Axios

Report: Russia raked in $66B from fuel exports since forces launched invasion of Ukraine

Germany has been the biggest importer of Russian oil, gas and coal, study finds.

Newcastle Herald

Greens say Hunter needs identity shift away from coal

The Greens say the major parties are sending mixed messages about the Hunter's future in green manufacturing.

The Guardian - AU

Calling the safeguard mechanism a ‘sneaky carbon tax’ is a scare campaign and an argument for inaction

Scott Morrison is criticising the Coalition’s own climate policy – it’s just one that has barely been used

The Times of India

Eight trains cancelled for coal transport in Uttar Pradesh

LUCKNOW: In a bid to help the state maintain power supply in the scorching heat, the railway board has cancelled eight express trains in UP till further notice to provide hassle free passage to coal laden freight trains for thermal power stations.

The Guardian - UK

Russia doubles fossil fuel revenues since invasion of Ukraine began

Country receives about €62bn from exports of oil, gas and coal in two months, with Germany the biggest importer

Benzinga

Norfolk Southern Shares Pop After Q1 Results Beat Estimates

Norfolk Southern Corp (NYSE:NSC) reported first-quarter FY22 railway operating revenue growth of 10% year-over-year to $2.9 billion, beating the consensus of $2.84 billion. Revenue was driven by a 16% increase in revenue per unit. Sales by segments: Merchandise $1.67 billion (+3.9% Y/Y), Intermodal $854 million (+18.9% Y/Y) and Coal $389 million (+24.7%…

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