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Foreign Coal Producers Get Boost From Coronavirus

The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel prices. The one energy source that hasn’t blinked though is coal, a fuel that may come out stronger through the current crisis, a Rystad Energy analysis...

Coal India faces challenges in finding merchant bankers

State-miner Coal India Limited’s (CIL’s) planned investment in overseas coal assets is facing stiff speed-breakers, with global merchant bankers unwilling to take up an advisory and due diligence mandate for the so-called ‘dirty fuel’. Last year, the miner floated a...
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