Page 12 - Coal India Limited

Coal India unions seek 50% rise in workers' salaries in early talks

A 50% wage boost would be a dramatic increase for company, which revises salaries of non-executive staff every five years.

Top headlines: SC fines 8 political parties; CIL Q1 net profit jumps 52%

Business Standard brings you the top headlines this evening

Central Coalfields awards Rs 9,294 crore mining project to Power Mech

Coal ministry, along with Coal India Ltd and Neyveli Lignite Corp, is offering 60 projects worth Rs 41,042 crore for private investment.

Coal India's e-auction sales up 52% YoY in April-May, as demand rises

Firm posts 16% add-on over notified price during April-May 2021 versus 7% in same period last year

Coal India's $5 billion annual wage bill set to rise amid rocky outlook

The state-owned company is expected to begin talks this month that could result in paychecks climbing 20% or more.

Coal India's fuel allocation through spot e-auction rises 43% in FY21

State-owned CIL allocated 42.51 million tonne of coal in 2020-21 under spot e-auction scheme, registering a year-on-year increase of 42.5 per cent

Coal India records all-time high capex of Rs 13,115 crore in FY'21

Coal India on Thursday said its capital expenditure (capex) grew more than two-folds to hit an all-time high of Rs 13,115 crore in the just concluded fiscal

Coal India arm MCL registers record production, dispatch in FY21

MCL, a subsidiary of Coal India Ltd, on Friday said it has posted a record production of 148.01 million tonne

Expansion in newer business will reduce funding dependence: Coal India CMD

Competition from private players is not a worrying factor for CIL. Their role will be complementary to ours, said Pramod Agarwal

Coal India approves 32 mining projects worth Rs 47,000 cr this fiscal

24 are expansion projects, eight are greenfield; combined incremental peak capacity is projected at 193 MTPA

Coal quality and quantity issues surface again; CIL denies grade slippage

Close to half a dozen states and NTPC have written to the ministry of power, complaining against discrepancy in coal quality and the billed amount

Govt assures Coal India of 'full support', stresses learning 'new things'

Coal Minister Pralhad Joshi on Thursday assured Coal India of full government support

Coal demand to rise in post-Covid era, must scale up production: CIL chief

The Maharatna PSU will cross the 650 million tonne production mark during the 2020-21 financial year, he said

Coal India to end this fiscal with highest-ever quantity of auctioned coal

Increased volumes of coal under e-auction have also bolstered the sales revenue of CIL

CIL to construct 21 railway sidings at cost of Rs 3,370 crore

Coal India said it is constructing 21 railway sidings at an estimated investment of Rs 3,370 crore in four of its subsidiaries

Covid impact: Coal India to diversify into non-coal mining areas in 2021

CIL is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel remained muted for most of this year

Coal India plans to substitute 80-85 mt of imported coal in current fiscal

Coal India Ltd is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal

CIL issues tenders worth Rs 12,500 cr for transporting 406 mn tonnes coal

Each of the mining projects have production capacity of 4 MTPA and above. The expenditure would be met out of the company's capex

Coal India is bleeding but govt keeps pressuring to declare large dividends

Since September 2018, CIL's cash reserves have fallen over 17 per cent to Rs 28,446.83 crore

Coal India production rises by 18% to 47 million tonnes in October

State-owned CIL on Sunday said that it produced 46.8 million tonnes (MT) of coal last month, registering a growth of 18.4 per cent.