Page 5 - Coal India Ltd

What can India do to address its perennial power shortage?

The summer here and tonnes of coal are burnt in power plants to keep homes and offices cold. But most plants are grappling with a coal shortage and hinted at a power crisis. What's the situation now?

Coal India gains 4%, hits over 2-year high on hopes of strong earnings

Amid the spiraling power generation, CIL raised its supplies to thermal power stations by 14.2 per cent during the first half of April'22 compared to same period last April.

Coal India to launch its own e-auction platform, asks bidders to register

Coal India Ltd is set to launch its own e-auction platform, and the mining major has informed new and existing bidders to register on the portal, a top company official said. At present, the e-auction portal is managed by mjunction and state-owned MSTC Ltd. E-auction sales account for around 120 million tonnes annually for Coal India, while the rest is sold through fuel supply agreements and other special sales windows. The miner's dedicated e-auction portal has been developed by National Informatics Centre and supported by CIL subsidiary Central Mine Planning & Design Institute Ltd. "We expect to commence in-house coal e-auction in the next six months. Let the auction happen with volume, and then we will come to know about the cost benefits," the official told PTI. E-auction of Coal India is executed in a 60:40 ratio between mjunction and MSTC. "We value Coal India's decision. We had designed, developed and introduced the e-auction 15 years ago, and are still carrying on with th

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

Coal India subsidiary BCCL's output up by record 61% in February to 3.24 mt

Coal India's subsidiary BCCL has posted a record 61% growth in its production to 3.24 million tonne (mt) in February this year over the corresponding month last fiscal, a company statement said

Ukraine-Russia war: 5 contra bets that can give up to 14% returns

Coal India, GNFC, Cholamandalam, Fine Organic and Hitachi Energy can easily provide up to 14 per cent upside, indicate charts.

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.

Live news: Jolt for BJP ahead of Bengal civic polls as 3 leaders rejoin TMC

Live news updates: Industrialist Rahul Bajaj will be cremated in Pune with state honours, Election Commission eases rules for campaigning.

Coal India committed to meet elevated' demand of power sector: Official

Mining major Coal India Ltd is committed to meet the elevated demand of the dry fuel from the power sector, including coastal plants dependent on imports, a company official said on Tuesday.

Stocks to Watch: Nykaa, Naukri, ONGC, Hindalco, Nalco, SpiceJet, Coal India

The earnings season has almost come to an end, going forward individual stocks will react to corporate developments and broader market trend

Earnings of cement, FMCG, aviation cos at risk as oil, coal prices rise

In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit

CIL ramps up production to improve coal supply to power stations

Says it has stepped up deliveries to power sector in the first eight days of September, clocking 20% growth at an average of 1.39 million tonne a day

Coal India starts pilot project to replace diesel with LNG in dumpers

State-owned CIL said it has begun the process of retrofitting LNG kits in dumpers -- big trucks engaged in transportation of coal, a move that will help the PSU to save around Rs 500 crore annually

Few takers for India's coal mines with production apparently having peaked

Coal consumption to become even more import driven as domestic production plateaus

Osho Krishan is bullish on Coal India, Federal Bank & NTPC; here's why

Coal India has corrected over 10 per cent in the last trading week and is trading close to the previous consolidation zone

Stocks to watch: SBI Card, BEML, Power Grid, Max Financial, Coal India

Coal India Limited is debating on hiking coal price for the regulated sector and may take a call soon, a senior official said

Coal India will reduce manpower by 5% every year for next 5-10 years

The announcement has come just a day after Coal India saw its profit for the fiscal year 2020-21 (FY21) fall by 23.9%

Stocks to watch: Jubilant Food, Coal India, JSW Ispat, SBI Card, NHPC

SBI Cards and Payment Services (SBI Card) on Monday said it has raised Rs 500 crore by issuing bonds

Coal India requests mn vaccine doses after nearly 400 staff die of Covid-19

The world's top coal miner, which employs about 259,000 people, said it has written to government officials requesting about 1 million doses be made available for staff and their family members