Page 6 - Coal India Ltd

CIL's coal allocation to power sector under e-auction rises 8% in Apr-Aug

CIL's coal allocation under special forward e-auction for the power sector registered a rise of 8.4 per cent to 7.94 million tonnes (MT) in April-August period of the ongoing fiscal

Coal India to create additional board level post to push biz development

As such, at present, there are five Board level posts in CIL including CMD

CIL's coal allocation under spot e-auction scheme drops 7% in April-June

The purpose of e-auction is to provide equal opportunity to all intending buyers for purchasing coal through single window service

CIL sees 17% jump in composite opencast output in July, hopes further rise

The composite production was 110.40 million cubic metres (M CuM) for July, against 94.4 M CuM in July 2019, CIL said in a statement.

Coal India to terminate FSAs with customers who renege on contracts

The monopoly miner said it is considering to stop any further FSAs with those customers, "who renege on committed agreements and decide to terminate their contracts abruptly"

Better quality, supply resulted in gains of over Rs 3,125 cr: Coal India

An amount of around Rs 1,365 crore provisioned under coal quality variance in the earlier years has been withdrawn, in the last fiscal, which is the net gain to CIL on whole

Trading ideas by Religare Broking: Buy Axis Bank, Dabur India

The current chart formation, along with the positioning of the confirmation indicators, are all pointing towards a fresh breakout ahead in Axis Bank's stock

CIL, NLC India to invest Rs 12,000 cr to jointly develop solar power assets

The two state-run companies had on Friday said they would form a JV to develop 5,000 MW of solar and thermal power assets across the country

PSU stocks in focus; ITI surges 20%, BHEL gains 15%, Coal India up 8%

MSTC, MMTC, Hindustan Copper, Bharat Electronics, Ircon International, NLC India, Engineers India, BEML, STC India, NBCC, Mishra Dhatu Nigam and Container Corporation were up 4% to 8% on the BSE

CIL union asks workers to follow Covid-19 norms during June 10 agitation

Along with protest, the union has decided to submit a memorandum jointly to the Prime Minister through the head of the company/area and also through e-mail

CIL's coal quota under e-auction for non-power sector up 3-folds in Apr

The scheme was launched in 2015-16 to make coal available to non-power consumers, including captive power plants

Coal supply by Coal India to power sector dips 22% to 32 MT in April

The PSU removed 114.43 million cubic metres of overburden in its open cast mines in April 2020, as compared to 104.22 million cubic metres a year ago, registering an increase of 9.7 per cent

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

Ministry wants power plants to keep buying coal despite weak demand

Electricity consumption slumped 21.3% in the first two weeks of the lockdown ended April 7, compared with the first three weeks of March, according to government data

Power gencos, states owe Rs 22,770 crore to CIL, NLC India and SSCL

CIL had told Parliament's standing committee on coal and steel that it keeps supply on to defaulters in the national interest

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

Coal stocks at power plants rise as Coal India steps up production

None of the units run by NTPC, along with those operated by its JVs, now faces a situation of super critical stocks

Govt must shift its focus on revamping Coal India after opening up mines

India has a stated objective of achieving 40 per cent of installed capacity from renewables by 2030

Coal India posts first decline in annual shipments in at least six years

Shipments fell 3.8 per cent in 2019 from a year ago to 580.8 million tonnes, according to Bloomberg calculations based on data from the state-run company dating back to 2013

Private mining, finally

Decision to auction coal blocks to commercial miners is overdue