Page 45 - Coal India

Power tariff set to shoot up as Coal India raises prices

CIL to raise coal prices by 6.3%. The move aimed at raising revenue margins

Price hikes boost CIL's confidence

The 6.3% FSA price hike announced by the company will translate into additional revenue of about Rs 3,200 crore which is equivalent to 4% of FY16 revenues

Coal India gains on hike in prices

The stock was up 5% to Rs 296 after the company raised prices by 6.29% across all its subsidiaries for both the regulated and non-regulated sectors.

Coal India annual profit rises 4%

Record coal production offset by increasing cost; net sales increased by 5% to Rs 75,644 cr during FY16

CIL revises price of non-coking coal

Coal India Ltd (CIL) revised the price of non-coking coal to keep the domestic coal prices at globally competitive level. CIL revised the prices across all grades for use in power sector. The revision would have a positive impact of Rs 3,900 crore on the firm, said CIL. The new price regime would be effective from Monday.

CIL Q4 net profit up marginally to Rs 4,248 cr

The company's total income increased to Rs 21,402.75 crore in the fourth quarter of the last fiscal ended March 31, from Rs 21,339.55 crore in the year-ago period

Coal India's Q4 net profit rises up marginally to Rs 4,248 cr

The company had earlier reported a net profit of Rs 4,239 crore in the same quarter of last financial year

Coal India to offer 79 million tonnes coal for e-auction

Of the total coal to be offered, over 63 MT will be offered for special forward e-auction for power producers and 16 MT will be earmarked for exclusive e-auction for non-power consumers

CIL invites global cos for consultancy on coal gasification

The development of underground coal gasification (UCG) is envisaged to provide energy security

Land, green clearances behind Coal India's success

Coal India achieved a staggering production of 536.51 million tonnes (mt) during the financial year ended March 31, 2016

Power sector may import 48MT coal in FY'17: Piyush Goyal

The coal production in the last fiscal grew by 4.8% over 2014-15

Western Coalfields undertakes a mine tourism project near Nagpur

Under this project, the Coal India subsidiary has created an eco-park on 15 acres of land

Coal India to cut prices to take on competition

The move is aimed at competing against cheaper high grade coal from South Africa, Indonesia and Australia

Coal India hits fresh two-year low

In past one-month, the stock has underperforming the market by falling 15% as compared to 2.5% rise in the Nifty 50 index.

Coal India: Strong growth visibility intact

Rising volumes to drive revenues; increasing sales to non-power customers will perk up margins

Power and steel companies owe Rs. 11,700 cr to Coal India

Discoms from W Bengal, MP and Rajasthan, and DVC are major defaulters with combined outstanding amount of over 50%

Coal India hits two-year low

The stock dipped 3% to Rs 277, its lowest level since April 7, 2014 on the National Stock Exchange in intra-day trade.

Coal India's arm MCL produces record 138 MT in FY16

MCL produced a record 137.9 MT coal at a growth of 13.6%, it supplied 140.22 MT dry fuel to its consumers, registering a growth of 14%

Coal India's Jharkhand arm posts record output of 61 mn tonnes

It is the second straight year that Central Coalfields has achieved double digit growth and met its target as well

Coal India misses 2014-15 production target, but clocks 8.6% growth

Eighty per cent of Coal India's coal is shipped to the state-owned power units across the country