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Firms likely to pay Rs 7,905 cr in penalty

Sep 24, 2014

Firms likely to pay Rs 7,905 cr in penalty

The Supreme Court while cancelling 214 of 218 coal mine permits given to companies for their own use since 1993 also agreed to the government's proposal to impose a fee of Rs 295 a tonne on coal produced from the captive mines which were allowed to operate until 31 March. #Hindalco #ThisisNext #Supreme Court #coal india #Coal Blocks #Jindal Steel
Govt preparing draft policy on underground coal gasification

Jul 31, 2014

Govt preparing draft policy on underground coal gasification

Underground coal gasification is a method of converting coal still in the ground to a combustible gas that can be used for various uses, including power generation. #India #coal india #Lok Sabha #PolicyWatch #Underground coal gasification #Piyush Goyal
Disinvestmnent department seeks OFS route to divest in PSUs

Jul 28, 2014

Disinvestmnent department seeks OFS route to divest in PSUs

The OFS is the most preferred route for stake sale and has evoked good response from investors and hence the government has decided to stick to it, sources said. #Economy #ThisisNext #finance ministry #coal india #SEBI #ONGC #REC #Department of Disinvestment #Offer for sale
Centre open to hiring CIL chief from private sector Goyal

Jul 11, 2014

Centre open to hiring CIL chief from private sector Goyal

The post of CMD has been lying vacant after after Narsing Rao resigned last month. Meanwhile, additional secretary AK Dubey has been given the additional charge of CMD of the company on 26 June for a period of three months. #coal india #CompanyWatch #Narsing Rao #AK Dubey #Piyush Goyal

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CIL's record a chairman who wasn't chairman for a year

Jan 31, 2012

CIL's record a chairman who wasn't chairman for a year

Coal India is India's second most valued public sector company. Pity the government did not think it needed a regular chairman for nearly a year. #coal india #NC Jha #TopDog