Page 5 - Coal India

Stocks to Watch, May 8: Britannia, Coal India, Dabur, Voltas, RIL, L&T, PNB

Stocks to Watch on May 8, 2025: Here is a list of stocks that will be on investors' and traders' radar on Thursday, May 8, 2025

Cabinet clears revamped SHAKTI policy for coal allocation to power firms

The revised SHAKTI policy introduces two windows for coal allocation, enabling access through auctions and easing processes for greenfield and brownfield thermal power projects

Coal India Q4 results: Profit up 12% at ₹9,593 cr, revenue drops slightly

Coal India reported a 12% rise in Q4 net profit while its annual profit and revenue declined marginally; board proposes final dividend of Rs 5.15 per share

Coal India Q4 results: Net profit rises 12% to ₹9,593, revenue down 1%

CIL reported a 1 per cent decline in revenue from operations to ₹37,824.54 crore in Q4FY25, compared with ₹38,213.48 crore in the year-ago period

Q4 results today: MRF, Coal India, Dabur, Blue Star, Voltas on May 7

Q4 FY25 company results today: 50 companies will post earnings reports for the January-March quarter on May 7

Coal India signs MoU with UPRVUNL to set up solar power plant in UP

State-owned CIL on Monday said it has signed an MoU with UPRVUNL to set up a 500 MW solar power project in Uttar Pradesh. The development is a part of initiatives of Coal India Ltd in the green energy space and to meet the growing energy demand of Uttar Pradesh. "Coal India Ltd (CIL) and UP Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) have executed a non-binding Memorandum of Understanding (MoU) on May 5, 2025 at Lucknow with an intent of setting of 500 MW Solar Power project in Uttar Pradesh," CIL said in a filing to BSE. The pact also includes provision for any additional opportunities which the parties mutually agree to collaborate in the foreseeable future. In April, Coal India had entered into a pact with Damodar Valley Corporation (DVC) for setting up an ultra supercritical power plant in Jharkhand with a total investment of Rs 16,500 crore. Ultra-supercritical power plants operate at higher steam temperatures and pressures than supercritical plants, leading to improved efficien

Coal India's April offtake drops 1.2% to 63.4 MT from year-ago level

State-owned Coal India Ltd (CIL) on Friday said its coal offtake dropped by 1.2 per cent to 63.4 million tonnes (MT) in April over the corresponding month of the previous fiscal. The offtake of the dry fuel by Coal India was at 64.2 MT in the year-ago period, the public sector undertaking said in a regulatory filing. Coal offtake refers to the volume of coal supplied from a coal pithead. It's different from coal production as it can include previously stored coal. Meanwhile, coal production by Coal India was almost flat at 62.1 million tonnes in April. It had produced 61.8 MT of coal in the year-ago period, the filing added. Coal India accounts for over 80 per cent of domestic coal output. In the financial year 2024-25, CIL produced 781.1 MT of coal, nearly 7 per cent less than the company's target for the financial year. CIL's coal production target for 2024-25 was at 838 million tonnes (MT). Coal India Ltd is targetting a production of 875 million tonnes and offtake of 900 MT

Coal India signs pact with DVC for Rs 16,500 crore power project in J'khand

State-owned Coal India on Monday said it has entered into a pact with with Damodar Valley Corporation (DVC) for setting up a ultra supercritical power plant in Jharkhand with a total investment of Rs 16,500 crore. Ultra-supercritical power plants operate at higher steam temperatures and pressures than supercritical plants, leading to improved efficiency and reduced emissions. "Widening further its business diversification portfolio into thermal power generation, Coal India Ltd (CIL)...formally joined hands with Damodar Valley Corporation (DVC) to set up a coal fired 2 x 800 MW ultra supercritical power plant in Jharkhand," the PSU said in a statement. The brownfield project will be an expansion of existing Chandrapura Thermal Power Station which at present operates with the capacity of 2x250 mw. The total investment would be to the tune of Rs 16,500 crore. The joint venture company would be on 50 per cent equity sharing basis. Coal for the proposed power plants would be sourced fro

Coal India gains 2% as arm SECL inks ₹7,040 crore coal mining pact

Coal India stock was quoting at ₹402.80, up 0.99 per cent from Thursday, April 17 close of ₹398.85

Coal India eyeing lithium blocks in Australia, Argentina: Chairman Prasad

State-owned CIL is looking at lithium blocks in Australia and Argentina, company's Chairman P M Prasad said on Wednesday. Speaking on the sidelines of the 11th Asian Mining Congress and the 11th International Mining Exhibition, Prasad said Coal India Ltd (CIL) is targetting a production of 875 million tonnes (MT) and offtake of 900 MT in the 2025-26 fiscal year. The company accounts for over 80 per cent of domestic coal production. Prasad further said the Rs 10 per tonne price hike for both coking and non-coking coal with effect from April 16 will have minor impact on the company's revenue. CIL's pithead stock as on March 31, 2025 was 106 million tonnes, the highest so far. CIL's foray into critical minerals is driven by the need to reduce its reliance on coal and align with global trends prioritising these minerals for clean energy technologies.

Coal India to increase coal price by Rs 10 per tonne from April 16

State-owned Coal India Ltd on Tuesday said its board has approved a Rs 10 per tonne increase in the prices of both coking and non-coking coal with effect from April 16. "CIL board at its meeting held on date, inter alia approved enhancement of notified price of coal by Rs 10 per ton i.e from existing Rs 10 per ton to Rs 20 per ton for non-coking and Rs 10 per ton for coking coal for regulated and non-regulated sectors across CIL towards contribution to the corpus of CMPS-1998," it said. This price adjustment is aimed at contributing to the corpus of Coal Mines Pension Scheme (CMPS)-1998 and is likely to impact both regulated and non-regulated sectors, potentially affecting the company's revenue and market positioning, according to a company official. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, had in November last year announced increase in add-on price of coal in Rajmahal area of Jharkhand to

Coal India produces 781 MT in FY25; 7% less than company's target

State-owned CIL produced 781.1 MT of coal in 2024-25, nearly 7 per cent less than the company's target for the financial year. CIL's coal production target for 2024-25 was 838 million tonnes (MT). However, coal production by Coal India Ltd (CIL) grew marginally by one per cent in FY25, over the year-ago period, the public sector enterprise said in a regulatory filing. CIL's coal production in March dropped by 3.1 per cent to 85.8 million tonnes over the year-ago period. The output was 88.6 MT in the same month of FY24. The subsidiaries of the coal behemoth, which registered a decline in production are Central Coalfields Ltd (CCL), Western Coalfields Ltd (WCL) and South Eastern Coalfields Ltd (SECL). Coal India accounts for over 80 per cent of domestic production. In FY24, CIL produced 773.65 million tonnes, marking an 11 per cent growth over FY23. Coal India Ltd had earlier said that the realistic production target for 2024-25 fiscal will be 806-810 million tonnes, down from 83

Coal India, ONGC Videsh among firms seeking stake in SQM's lithium projects

KABIL has partnered with Coal India, Oil India, and ONGC Videsh to seek the 20 per cent stake in SQM's Mount Holland and Andover lithium projects in Western Australia

SECL's corporate social responsibility scheme listed on DBT Portal

The DBT initiative aims to reform the delivery of benefits and subsidies by directly transferring funds to beneficiaries' bank accounts, minimising leakages

Stocks to Watch: Adani Enterprises, Zomato, Swiggy, Cement, Pharma stocks

Stock market today: Pan-Indian average cement prices have risen for three consecutive months. In February, prices increased by ₹3 per 50 kg bag (up 1% M-o-M and 2% Y-o-Y) to ₹374 per bag

Mahanadi Coalfields to retain Coal India's top spot in production

Till FY21, SECL was CIL's largest coal producing company. The output, however, dropped to 142.5 MT in FY22, only to be overtaken by MCL with coal production of 168.2 MT

Coal India sets 788 MT production, 765 MT offtake; rules out price cut

Coal India Limited (CIL) is expecting a production of 788 million tonnes (MT) and an offtake of 765 MT for the current fiscal year ending March 2025, its chairman P M Prasad said on Monday. The initial production target was 838 MT, which was revised to 806-810 MT in January. In FY'24, the company achieved production of 773.65 MT, reflecting a 10 per cent year-on-year growth. Speaking at a mjunction organised Coal market conference the chairman attributed the slowdown in offtake to a rake shortage in large mines, but remained optimistic about growth in the coming months. Both production and offtake are expected to grow by 1.5 per cent this year, based on current estimates against 10 per cent and 8.5 per cent growth, respectively, last year. Prasad also mentioned that the availability of rakes had been a concern due to the Kumbh Mela, but after discussions with the Railways, rake availability has improved. On the issue of international coal prices softening, Prasad ruled out any pr

HDFC Bank, Coal India: Angel One's Osho Krishan picks stocks to buy today

Stocks to Buy Today: The recent buying traction in HDFC Bank share has been backed by a rise in trading volumes

CIL waives financial coverage charge for non-power sector consumers

State-owned Coal India Limited on Sunday said that non-power sector (NPS) consumers will not have to pay the coal value worth ten days of supply as financial coverage for the dry fuel received via rail transport. "With the waiver of financial coverage, CIL takes an important step towards reducing transactional complexities and fostering an environment that encourages smooth and efficient business operations," the PSU said in a statement. The latest decision is one more step in Coal India Ltd's ongoing efforts to streamline operations under the broader ease of doing business initiative, the company said. "This also helps to reduce the financial burden for NPS consumers and improve their cash liquidity," Coal India Ltd (CIL) noted. The liquidity availability will allow consumers to use the capital for other operational needs and reduce the working capital pressure. During the ongoing financial year, CIL supplied about 560 million tonnes (MT) of coal to the power sector and nearly 13

Coal India arm NCL aims to achieve production target of 139 MT for FY25

Coal India arm Northern Coalfields Ltd (NCL) expects to achieve the production target of 139 million tonnes for the current fiscal. In a statement, NCL said that till February the subsidiary produced 128.13 million tonnes and "we are hopeful that we will also achieve our annual target". The company's dispatch was 125.78 MT in the April-February period of the current fiscal. NCL's dispatch target for the current fiscal is 139 million tonnes. The company known for its highly mechanised mines and critical role in ensuring the country's energy security, said that it has launched the first aid training programme for homemakers on a large scale. By extending awareness about first aid beyond the workplace and into the homes of its workforce, NCL is fostering a primary-care-conscious community and reinforcing a culture of preparedness. "Launched on 26th January, the First Aid Training Program for Homemakers, in just one month, has successfully trained about 1,500 homemakers in different