Page 5 - Cil

Coal India under pressure, declines 6% as govt ends monopoly in coal mining

Finance Minister Nirmala Sitharaman on Saturday said the government would end its monopoly in coal mining by allowing private companies

Coal India production not to exceed 640 million in FY20: Official

The state-run miner had a target to produce 660 million tonnes of coal in 2019-20 as against 607 million tonnes produced in the last fiscal

CIL's coal allocation under spot e-auction drops 36% to 11.25 MT in Apr-Sep

CIL is targetting an output of 660 million tonne in the ongoing financial year

CIL to invest estimated Rs 17,500 crore in mechanised coal transportation

Piped conveyor belt transportation of coal is a covered system for movement of coal and thus promotes environment safety and prevents possible coal pilferage

Trying to negotiate with CIL workers; things to normalise soon: Prahlad

Last week, the trade unions had declined to attend a meeting with Joshi to discuss their demand of withdrawing 100 per cent FDI in coal mining

Coal India workers strike against 100% FDI; production, dispatch halted

Coal India is likely to lose around 1.5 million tonne of production due to the stir

Coal likely to remain in short supply until 2024, CIL tells govt

Coal India also said the deficit may widen to 262.4 million tonne in the current financial year, if the Centre brings in more schemes

Near-term worries outweigh Coal India's Q1 gains; stock falls 1.6%

Further fresh auction of coal mines to private players can also lead to higher competition for Coal India

CIL to spend Rs 700 cr on rakes to perk up evacuation capacity by 56 mt

Coal India expects to realise its entire investment on these rakes within a decade

CIL hits back at Gulf Oil Lubricants for dragging its subsidiary to NCLT

Gulf Oil Lubricants stated that Rs 4.09 million is still pending from CIL, which the latter has denied

Five independent directors reappointed to CIL board for three years

With these reappointments, there are seven independent directors at present on the board of the state-run firm

Trade unions to make case for CIL contract workers' 20% wage hike

A decision to form a high-powered committee has been taken to deliberate on this, he said

Govt asks Coal India to expedite coal export to neighbouring nations

The state-controlled coal mining firm accounts for over 80% of domestic production

CIL allocates 30% less coal under spot e-auction in Nov

The decline comes amid the govt's goal of securing availability of coal for various sectors

CIL washeries: Three under construction, issuance of LoA for five

Setting up of washeries at a faster rate will hasten the coal washing process and provide quality coal to CIL customers

Coal dispatch by CIL to power sector dips 13% in August

CIL, which accounts for over 80 per cent of domestic coal production, dispatched 30.25 MT of coal in the same month of the last FY

CIL reluctance poses challenge for fly ash disposal in Chhattisgarh

The state generates over 20 million tonnes of ash but utilises hardly 6-8 million tonnes per year

CIL mulls pact with South African firm for joint acquisitions

CIL accounts for over 80% of the domestic coal production

Power generation utilities owe Rs 12,028 crore to Coal India

CIL accounts for over 80% of the domestic coal production

Govt asks state companies to stop imports, buy coal from CIL

'States can work out a strategy to see how they can totally eliminate import of coal for purpose of power generation,' said the coal secretary