Page 14 - Coal India Limited

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.

Coal India to invest over Rs 1.22 trillion by 2023-24: Coal minister

CIL will pump in over Rs 1.22 trn on projects related to coal evacuation, exploration and clean coal technologies by 2023-24, to achieve 1 bn tonnes of fuel output target, Coal Minister said

Coal India seeks 15% concession from railways for coal transportation

Out of 126 coal-based thermal plants linked with CIL, 14 plants located over 1,400 km distance are eligible for the freight concession presently.

Jharkhand to get Rs 18,889 cr revenues from coal mined by CIL in next 4 yrs

The state earned almost Rs 4,000 crore every year during the last four years, that is around Rs 16,000 crore, he added

Decline in order inflow at L&T does not augur well for capital goods sector

Even though it was better than what analysts had expected, it still paints a bleak picture.

Energy pricing: Centre may allow Chinese miners to bid in coal auctions

The first of a two-part series analyses how price signals have been planned in coal sector reforms

Govt plans to raise Rs 20,000 crore by selling stakes in CIL, IDBI Bank

In case of Coal India, if valuations are not attractive, company will buy back shares from the govt

CIL output drops 63%, dispatches by nearly 60% on Day 1 of workers strike

The overburden removal, or clearing of topsoil to make coal seams ready for mining, was 57.84 per cent on Thursday

CIL's coal allocation for non-power sector jumps to 6 MT in April-May

This growth comes amid Coal India looking to tap the non-power sector for consumption of its coal in the wake of a slump in demand for the dry fuel

Allowing pvt sector to mine and sell coal commercially is a mammoth task

The government plans to auction 50 mines immediately

Coal India arm SECL takes slew of measures to deal with coronavirus

The largest coal producing company had quarantined its 83 employees after five of it attended a prayer meeting

Coronavirus lockdown: Coal India extends payment deadline till April 21

Pending demand for Deferred Payment Letters of Credit implemented as additional mode of payment along with irrevocable revolving L/C for coal supplied to power producers, especially IPPs

India's coal stocks breach 100 mt as demand weakens in coronavirus crisis

While the coal stocks in the Maharatna company peaked to around 60 mt, coal stocks in power plants rose to 41.41 mt - the highest ever inventory level in the country till date

Govt's income from Coal India to fall by 6.5% to Rs 7172 cr this year

Incidentally, after taking forward its disinvestment drive, the Centre, from a stakeholding of 70.96 per cent as on April 2019, now owns 69.05 per cent in this company.

CIL's coal supply to power sector declines 7% in April-January period

The commodity despatch by Coal India to the power sector in the year-ago period was 405.61 MT

Coal India production up by 7% in Dec 2019 after negative growth spell

Coal India Ltd (CIL), which registerted negative growth in production of the dry fuel for past few months, has posted over 7 per cent growth in December with 58 million tonne output, sources said on Wednesday. The coal behemoth had produced 54.13 million tonne in corresponding month of 2018. In the last month, the production was about 8 million tonne higher from 50.2 million tonne prduced in November, the company sources said. According to provisional data, the miner has produced 388.39 million tonne of coal during April-December period of the current fiscal, down by 5.83 per cent from 412.45 million tonne in the first nine months of the last financial year, CIL sources told PTI. Coal India aimed at producing 660 million tonne in 2019-20 and missed the target of 457.23 million tonne till December. The company has not officially announced its latest production figures till the story was filed. Production was relatively less during April-December period as mining ...