Coal India eases e-auction norms; plans to change auction and allocation methodology
Kolkata: Maharatna coal giant Coal India Limited (CIL) on Friday announced that it has implemented measures to relax e-auction norms, such as reducing the earnest money requirement and increasing the quantity of coal available.
Coal India to explore lithium blocks in Argentina in collab with US company: Report
New Delhi: State-owned Coal India Ltd is exploring lithium blocks in Argentina in collaboration with a US company to secure supplies of this crucial battery material, reported Reuters.
Coal India April prodn grows by 7.3% to 62 MT
Mumbai: State-owned entity Coal India Ltd (CIL) announced on Wednesday that its coal production for April rose by 7.3 percent to reach 61.8 million tonnes (MT).
Coal India reports record coal prodn of 704 MT till March
New Delhi: Coal India Limited (CIL) achieved a record production of 703.91 million tonnes (MT) of coal up to March 7 during the current fiscal, surpassing last financial year’s production of 703.20 MT by an impressive margin of 24 day, Ministry of Coal said.
Mukesh Agrawal appointed Coal India’s new Director (Finance)
Kolkata: Mukesh Agrawal took over as Director (Finance) of Coal India Limited (CIL), the Maharatna public sector coal mining monolith, on Thursday.
Coal India subsidiaries get CCEA nod for equity investments in coal-fired power projects
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Thursday approved equity investments by two Coal India Ltd (CIL) subsidiaries -- South Eastern Coalfields Ltd (SECL) and Mahanadi Coalfields Ltd (MCL) for setting up thermal power plants at an estimated cost of Rs 21,547 crore.
Overall coal production touches 92.87 MT in December 2023: Coal Ministry
New Delhi: India’s overall coal production during December 2023 reached 92.87 Million Tonne (MT), surpassing the figures of 83.86 MT, the previous year, representing an increase of 10.75%, the Ministry of Coal said.
Coal India Ltd consolidated Q2FY24 PAT grows 13% YoY to Rs 6,800 cr
Mumbai: State-run miner Coal India Ltd Friday announced a 12.5 percent year-on-year increase in its consolidated net profit at Rs 6,800 crore for the quarter ending September 30, 2023, compared to Rs 6,043.5 crore in the same period last year.
Central Vigilance Commissioner visits Coal India
Coal India Limited has observed Vigilance Awareness Week (VAW) 2023 with a list of activities conducted from October 30 onwards. The VAW concludes on November 5, 2023.
Coal India Limited Q1FY24 PAT drops 10% YoY to Rs 7,941.4 cr
Kolkata: State-owned Coal India Limited (CIL) announced a consolidated net profit of Rs 7,941.4 crore for the quarter ended June, marking a 10 percent decline compared to the Rs 8,834.22 crore reported in the same quarter of the previous year.
July coal production goes up by 14.11% to 68.75 MT
New Delhi: India’s overall July coal production registered a 14.11% surge, reaching 68.75 Million Tonne (MT), compared to 60.25 MT in the corresponding period in last year, according to the Ministry of Coal.
South Eastern Coalfields Ltd plans to develop solar power projects of 600 MW
New Delhi: South Eastern Coalfields Ltd (SECL), one of the largest coal-producing subsidiaries of Coal India Ltd, will be developing rooftop and ground-mounted solar power projects of 600 MW capacity in the coming years.
Govt expected to get Rs 4,000 cr after investors over-subscribe Coal India share sale
New Delhi: The government is expected to receive Rs 4,000 crore from Coal India’s share sale, as both retail and institutional investors showed strong demand, resulting in oversubscription, media reports said.
Centre to offload 3% stake in Coal India via OFS route
Mumbai: The Centre has decided to offload a 3 percent stake in state-owned miner Coal India Ltd (CIL) through an offer for sale, starting June 1, media reports said.
25% allowances hike for Coal India non-executive workers after agreement
Mumbai: Coal India Ltd (CIL) has revealed that it has successfully concluded discussions with its extensive workforce of 2.38 lakh non-executive employees over the revision of wages, media reports said.