Page 3 - Cil

CIL will achieve 1 bn tonne coal production target by FY26: Pralhad Joshi

CIL will achieve 1 billion tonne coal production target by 2025-26 as against the earlier timeline of 2023-24 in view of the COVID-19 pandemic, Union Minister Pralhad Joshi said on Wednesday. Coal India Ltd (CIL) accounts for over 80 per cent of the domestic coal output. "Due to COVID our earlier target has been postponed. We will fulfil our dream of one billion tonne and we will be aatmanirbhar in thermal coal...By 2025-26, Coal India will produce one billion tonne," Joshi said on the sidelines of a function here. CIL was earlier eying 1 billion tonne coal production by 2023-24. Replying to a question, he said as far as thermal power plants are concerned, there is an average coal stock of 24 million tonne and day-to-day stock of the fossil fuel is adding. "Our plan is to keep at least 40 million tonne of coal as far as March 31 is concerned," he said. Coal output by CIL in current financial year is expected to be 700 MT and there would be additional output of 200 MT from othe

Why are public sector companies unable to attract talent for higher posts

It is not just that state-owned company leadership are paid much less than what their smaller competitors are paid but their performance is not linked to rewards

CIL hasn't raised prices in 4 yrs, planning to list BCCL, CMPDI: Chairman

Coal India Ltd chairman Pramod Agrawal on Tuesday said the miner has not raised prices of the dry fuel in the last four years to ensure its supply at competitive prices to consumers compared to the international market. He also said that the CIL is trying to list subsidiaries Bharat Coking Coal Ltd (BCCL) and Central Mine Planning and Design Institute (CMPDI) but asserted that there was no question of demerging them. The company has a total of eight subsidiaries. Addressing shareholders at the company's 48th AGM, Agrawal said that the CIL is committed to increasing its production and supplies to the mandated levels to ensure that the country gets power at a "just" price. Coal India meets 80 per cent of the country's dry fuel requirement. At a time when international coal prices are much higher, Coal India continues to supply its coal to Indian consumers at highly competitive prices, with no price increase over the last four years," Agrawal said in his address. Later replying to .

India targets 900 million tonne coal production in FY23: Minister

With regards to commercial mining, coal minister Pralhad Joshi said 43 mines have been awarded during the last two years and that they will generate employment for nearly 32,000 people

Centre revokes mandatory coal import target after many flip-flops

NTPC and Coal India had awarded import contracts to Adani

How CIL is chasing the monsoon to reduce coal supply disruptions

After long power outages owing to coal shortages over two years, the government and its principal producer have drawn up an integrated plan to preclude the annual seasonal supply dislocations

5 PSUs to set up manufacturing units to increase coal gasification capacity

Coal ministry proposes PLI for ammonium nitrate to raise volumes and price competitiveness

Action plan in place to ensure adequate coal availability during monsoon

The Union coal ministry is confident that till September-end, there will be 9-10 days of coal stock at the power units

Indonesia's Bara Daya Energi outbids Adani in CIL tenders for coal imports

The Indonesian company quoted Rs 4,331 crore for the eastern coast tender and Rs 4,497 crore for the west coast.

Coal India, the producer with no experience in importing supplies

The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies

Coal India says enough supplies, advises power plants to stock up

CIL has called for bids to supply 2.4 mt of coal to be delivered for the July to September 2022 period

Coal shortage hurting non-power sectors still year after supply shift

In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent

Coal ministry to have a 'just transition' division; WB to provide $1.1 mn

This is the first time since India announced its net carbon zero target year of 2070 that the policymakers have initiated discussions on just transition in coal bearing areas

Govt asks Coal India to be ready to import 12 million tonnes of coal

According to industry experts, the government is making all efforts to build up stock of coal to avoid the reoccurrence of power outrages which happened in April

CIL raises coal supply to power units; in talks with govt to build stocks

The country's largest coal producer and supplier CIL on Tuesday said it has upped its supplies by 14.2 per cent to coal-based electricity generating plants in the first half of the current month

Coal India subsidiary MCL posts record 168 mt production in FY'22

The Odisha-based miner dispatched 176.17 mt of coal to its consumers, with a 21 per cent growth over the previous year, MCL chairman-cum-managing director Om Prakash Singh said

Joshi urges bodies under coal ministry to keep promoting gender equality

As per the statement, CIL has around 20,000 women workforce, including those working at its mines

CIL looking to offer over 100 closed, discontinued mines to private sector

'The Ministry of Coal held a stakeholder consultation on revenue sharing model for discontinued/closed mines of CIL here today with the private sector,' the statement said

SIS bags project worth Rs 225 cr to provide security solutions to CIL arm

As part of the contract, SIS will deploy security personnel in different categories to provide security services across 18 sites

Coal India fuel supply reaches 575 million tonnes so far this fiscal

State-owned CIL has supplied 575 million tonnes (MT) of coal so far this fiscal, surpassing the total dispatch of dry fuel in 2020-21.