← Top stories
● Neutral for Indian equities
China agrees to buy 10 million tonnes of US coal in 2027 and 2028
The brief
- China is set to buy 10 million tonnes of US coal across 2027 and 2028
- Coal India Unit SECL said to hire banks for $800 million IPO
- Coal stocks worsen as 77 thermal power plants face critical inventories
- Centre orders captive coal plants to boost output and sell surplus power
- Trump-Xi Summit Yields Coal-Buying Pledge As Tariff Talks Extend
- Centre orders captive coal plants to maximise output from October 1 amid rising power demand