Page 29 - Coal India

Coal India sees 65% spike in e-auction bookings at 41 mn tonnes

The special categort e-auction launched in July is part of the company's efforts to bring down coal imports

Sustainability of strong September quarter show crucial for Coal India

Apart from volume growth concerns, low e-auction prices and ongoing coal block auctions are weighing on sentiment

Coal India, NTPC 'break the jinx', report growth in Q2 as industries resume

Growth in power demand remains in negative though it is picking up coronavirus-related restrictions are eased: NTPC.

Coal India production increases by 31.6% at 40.51 MT in September

State-owned CIL on Thursday said it produced 40.51 million tonnes (MT) of coal in September, registering a growth of 31.6 per cent over the same month last year. Coal India (CIL), which accounts for over 80 per cent of domestic coal output, had produced 30.78 MT of the dry fuel in September 2019. "Coal production at 40.51 MT in September'20, surged ahead by a robust 9.73 MT increase in absolute terms, compared to 30.78 MT in September'19, the growth being 31.6 per cent," CIL said in a statement. For the first time in the current fiscal, growth was in double digits, with all CIL subsidiaries showing an increase. "Now that we broke the growth jinx in output and off-take, which were weighed down by the pandemic-induced slowdown, we expect to better our performance in the ensuing months. "We aim to reclaim as much of the lost ground as possible during the rest of the fiscal," a senior official of the company said. "Generally, the H2 performance is higher in terms of production and ..

Hydrogen CNG, bio gas and methanol the new faces of automotive fuel

These newer energy sources aren't only diversifying the automotive fuel basket for India but can help in reducing emission to an extent

CIL finalises Rs 5,900 cr heavy machinery contracts to bolster production

Early this year, the company had said it was looking at spending around Rs 7,000 crore on heavy equipment to bolster production

States to approve land acquisition process for private coal miners

States had protested that the Centre was breaching their rights to approve land acquisition for private coal miners

Coal India falls 12% in September on weak June quarter results

The continuing COVID-19 pandemic has impacted the firm's business adversely

CIL output may fall below 600 MT in FY21 on sluggish demand: Analysts

The miner could end the current year with the production of around 580 million tonnes of coal as against its revised target of 650-660 million tonnes, they said

Coal import drops 35% in Aug on low demand from power, cement sector

Of the total imports in August, non-coking coal''s shipment was at 8.87 MT and coking coal at 2.18 MT

NLC India to roll out power, mining projects worth over Rs 43,000 crore

The company signed a JV agreement with Coal India Ltd (CIL) to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027

Despite soft performance in June quarter, worst behind for Coal India

With the lockdown impacting the economy, coal demand from power producers and other industries suffered, too

Sensex ends 95 pts lower, small, mid-caps outperform; Voda Idea zooms 27%

All that happened in the markets today

Coal India Q1 profit plunges 55% to Rs 2,080 cr due to lower sales

CIL he company had posted consolidated profit from "continuing operations" of Rs 4,629.67 crore in the year-ago period, the PSU said in a filing to BSE

MARKET WRAP: Indices rise for 2nd day, Sensex up 185 pts; auto stocks rally

All that happened in the markets today

Coal India gains 2.5% after it records first output growth in 2020-21

The state-owned company said that coal off-take increased 9.3 per cent at 44.34 MT in last month compared to the same period a year ago

Coal India to invest over Rs 1.22 tn on 500 projects by 2024: Pralhad Joshi

With an aim to achieve 1 bn tn (BT) coal production by the year 2023-24 and make the nation Aatmanirbhar, National Miner Coal India Ltd (CIL) will invest over Rs 1.22 trillion on about 500 projects

Coal India registers 7.1% growth in output in August at at 37.17 mn tonnes

For the first time in the ongoing fiscal, Coal India has recorded growth in both production and off-take

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

Coal India's fuel supply to power sector drops about 20% in April-July

State-owned Coal India's fuel supply to the power sector registered a decline of 19.5 per cent to 126.30 MT in the April-July period of the ongoing fiscal in the wake of slump in coal demand