Coal India News
In a letter to the employees of CIL, the company's chairman-cum-MD Pramod Agrawal said the company's priority is to make sure that the electricity generating units are well stocked amid the ongoing power shortage
It has been done with the objectives of facilitating utilization of lands that are mined out or are practically unsuitable for coal mining and for increasing investment and job creation in coal sector
Stating that the capex growth in FY'22 came on the back of a strong base, Coal India (CIL) in a statement said the entire capital expenditure was met through internal accruals
The prime minister dedicated multiple projects including an All India Institute Of Medical Science (AIIMS) and a fertiliser plant, to the people of Uttar Pradesh's Gorakhpur district
The projects include the newly built fertilizer plant of Hindustan Urvarak Rasayan Limited (HURL), AIIMS building and ICMR's regional unit Regional Medical Research Centre
The company has filed papers with markets regulator SEBI and is planning to get listed on 18 November
Maharashtra energy minister says state facing 4,000 MW power shortage, blames Coal India for supply crunch
The Congress minister also accused Coastal Gujarat Power Ltd and JSW of not supplying power to Maharashtra despite having agreements to this effect
The shortages have stoked fears of potential black-outs in parts of India, where 70 percent of power is generated from coal
The latest report on coal stocks for power plants from the Central Electricity Authority (CEA) also showed that 25 such power plants had coal stocks for less than seven days as on 3 October.
The board will try declaring another round of dividend but it is expected to be less than two interim dividends of Rs 7.5 and Rs 5 on each share of Rs 10 each, sources said
The top five gainers were Tata Motors, M&M, Wipro, Adani Ports and NTPC, while the top losers were ONGC, HDFC, Dr Reddy’s Labs, Coal India and Power Grid Corp
The Assam forest department has slapped a penalty of Rs 43.25 crore on PSU major Coal India Ltd for carrying out "illegal mining" inside a reserve forest for 16 years from 2003, officials said on Wednesday
Coal ministry announces steps to boost demand for dry fuel; extends relief measures for Coal India consumers
Coal minister Pralhad Joshi announced several relief measures for consumers of Coal India, including the power sector, in the wake of situation arising from coronavirus.
Coal India Ltd has offered deferred payment facility to both power and non-power consumers to provide relief and help improve their liquidity during the lockdown imposed by the government to contain coronavirus infection
Govt wants power plants to keep buying coal despite weak demand; electricity consumption slumps 21% in first two weeks of lockdown
Power plants buying coal now is crucial for Coal India, as the state-run company’s production and supply capabilities are at their peak.
Western Coalfields Ltd (WCL), a subsidiary of Coal India, has slashed the coal auction floor price of specific mines by 10 percent, a statement said
Coal India, which accounts for over 80 percent of domestic coal output, had set an ambitious target of 660 million tonnes of production for 2019-20.
State-owned CIL has asked its subsidiaries to take proactive steps to prevent the spread of coronavirus
Sensex surges over 400 points in early trade in line with Asian peers; Bharti Infra, Coal India among top gainers
Starting off on a higher note, the Sensex further gained strength as the trade progressed and quoted at 41,302.80, a rise of 408.42 points or 1 percent
Coal India will exceed last year's production figures of 606.9 million tonne in current fiscal: Official
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year's production figures, a top coal ministry official said here on Tuesday