Page 24 - Coal India

Coal India amends policy, allows export of fuel bought via e-auction

Company execs say move would increase volume of trade on CIL's e-auction platform

Coal India hits 52-week high, regains Rs 1 trillion market capitalisation

The stock of the state-owned company surpassed its previous high of Rs 162.95, touched on February 26, 2021.

Coal India hits 52-week high, regains Rs 1 trillion market cap

Coal India reported strong offtake in dispatches, with volumes at 55.1mt, registering a 37.6 per cent year on year (YoY) increase in May 2021.

Coal India's e-auction sales up 53% in Apr-May at 21.5 million tonne

CIL scripted an all-time high of 124 MT in e-auction sales in 2020-21 posting 88 per cent growth over the preceding year.

Coal workers in battle for frontline status amid Covid-19 pandemic

Coal India says it made arrangements for sufficient beds, unions dispute claim

Coal India alive, sensitive to need of environmental protection: Chairman

Coal India chief Pramod Agrawal has said that the coal behemoth is alive and sensitive to the need of environmental protection and the PSU pursues sustainable mining practises persistently. The statement assumes significance especially when when there has been concerns about the global climate change on account of burning of fossil fuels, including coal, which releases green gases into the atmosphere. "Restoration of ecosystem, effective bio-reclamation, effective utilisation of water are followed with equal fervour and importance as production," Agrawal said in a communication. Coal India, he said, has planted close to 2 million saplings during FY'21 over an area of 862 hectares exceeding the target by 16 per cent. "CIL is alive and sensitive to the need of environmental protection and pursues sustainable mining practices peristently," the chairman said in his message posted on the company's website. Satellite surveillance indicates that in 51 major Open cast mines, producing mor

Coal India Ltd's coal offtake rises 38% to 55 million tonnes in May

State-owned Coal India Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector.

CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model

Paytm plans to launch India's biggest IPO, aims to raise $3 billion

According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan

Coal India carbon emissions less than 1 per cent of India's in FY20

State-owned Coal India Ltd on Wednesday said that the PSU accounted for only 0.65 per cent of the country's total carbon dioxide (CO2) emissions of 2,616 million tonnes (MT) during FY2019-20

CIL to continue with fuel supply to power plants under import substitution

State-owned CIL will continue with the supply of coal to the power plants under import substitution in the ongoing fiscal.

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 arms considering installing oxygen plants amid shortage crisis

State-owned CIL on Tuesday said that three of its subsidiaries are considering installing oxygen generation plants

Coal India firms up Rs 40,000-crore domestic coal evacuation plan

Coal handling capacity of these 35 projects is estimated to be close to 405 million tonnes per annum (mtpa) by FY24

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 NCL supplies 87% of total coal to power producers in FY21

Coal India arm NCL said it supplied 87 per cent of its total coal to electricity producers in the last fiscal year, thereby fulfilling the power aspiration of the country in these unprecedented times

Explained: How State Bank of India regained its footing on the bourses

India's largest bank is now the most valuable state-owned entity, even as other public sector firms struggle to retain their place on the bourses

Coal India to post marginal contraction in production in FY21: Report

World's largest miner Coal India is likely to post marginal contraction of its output for the year 2020-21 by 5-6 million tonne in 2020-21

Coal India wants to take part in solar energy auctions: Chairman

Coal India Ltd, the world's largest coal miner, could venture into solar wafer manufacturing

To enhance coal output govt identifies 15 new projects: Joshi

To enhance coal production and reduce imports, Coal India Ltd (CIL) has identified 15 new projects with a capacity to produce 160 million tonnes per annum