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Coal India looking to acquire critical minerals in India and abroad

Aug 22, 2024, at 04:20 am

Kolkata: Coal India Limited (CIL) has intensified efforts to acquire critical minerals, including lithium, both in the domestic market and abroad, and will continue participating in the auction of such mineral blocks, according to the chairman of the world's largest coal producer on August 21, media reports said.

Coal India removes limit on procurement for power generation units

Aug 14, 2024, at 05:09 am

Kolkata: State-owned miner Coal India Ltd (CIL) has removed all limits on the amount of coal power generation units can procure, allowing plants with fuel supply agreements (FSA) to acquire as much coal as needed.

Coal India eases e-auction norms; plans to change auction and allocation methodology

Jul 13, 2024, at 05:39 am

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

Jun 18, 2024, at 10:22 pm

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

May 02, 2024, at 06:11 am

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

Mar 09, 2024, at 06:22 am

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)

Feb 09, 2024, at 05:07 am

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

Jan 19, 2024, at 12:52 am

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

Jan 03, 2024, at 05:19 am

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

Nov 11, 2023, at 03:17 am

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

Nov 05, 2023, at 04:22 am

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

Aug 09, 2023, at 04:26 am

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

Aug 02, 2023, at 03:33 am

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

Jul 12, 2023, at 04:37 am

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

Jun 03, 2023, at 02:04 am

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

Jun 01, 2023, at 05:12 am

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

May 24, 2023, at 05:05 am

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.

Coal India says lowest fatalities of workmen registered in 2022

Feb 21, 2023, at 09:49 pm

New Delhi: State-owned Coal India’s (CIL) on Tuesday said its concentrated focus on ensuring the safety of workmen resulted in fatalities and fatal accidents falling by a third in 2022.

Coal India Limited's coal output through opencast mines up 18.6 pc

Jan 16, 2023, at 11:46 pm

Kolkata: Coal India Limited's (CIL) composite production, the sum total of overburden removal (OBR) and coal output through opencast mines, went up by a sharp 18.6 percent to 1,439.6 million cubic metres (McuM) ending December FY’23, compared to the year-ago same period, CIL sources said on Monday.

Northern Coalfields Limited to Produce M-Sand from Overburden

Jan 11, 2023, at 04:53 am

New Delhi/IBNS: State-run Northern Coalfields Limited (NCL) is all set to produce ‘M-Sand’-the core material used in construction in civil works in its Amlohri Project.

CIL hasn't hiked coal prices in 4 yrs to ensure competitive pricing, says Chairman Pramod Agrawal at AGM

Aug 31, 2022, at 05:26 am

Kolkata: Coal India continues to remain committed to increasing production and supplies to the mandated levels to ensure the country gets power at the right prices, the miner's chairman Pramod Agrawal said Tuesday, while pointing out that it hasn't raised the prices in the last four years to ensure supply at a competitive cost compared to the international markets.

Aggressive focus on increasing coking coal production needed: Coal Minister

Aug 20, 2022, at 02:34 am

New Delhi: India needs an aggressive focus on increasing coking coal production to reduce import dependence,  Coal Minister Pralhad Joshi said Friday while inviting suggestions from all stakeholders for finding technology solution and using available coking coal in the country.

Total Coal Production Goes up by 11.37 pc to 60.42 MT in July

Aug 12, 2022, at 05:05 am

New Delhi: The overall coal production has increased by 11.37 percent to 60.42 million ton (MT) from 54.25 MT during July 2022 as compared to July 2021.

Import of non-coking coal dropped 7.5 pc YoY to 152 MT in FY22

Aug 05, 2022, at 08:22 pm

New Delhi: The total import of non-coking Coal during 2021-22 was 151.77  Million Tonnes (MT) as against 164.05 MT  imported in the previous year of 2020-21, registering a decrease of 7.5 percent, according to the ministry of coal.

Domestic coal production goes up by 28 pc

Jun 19, 2022, at 11:47 pm

New Delhi: The coal production by Coal India Ltd (CIL) as of June 16, 2022, was 28 percent more than the production in the same period of the previous year, the Ministry of Coal said Sunday.

Coal India Q4Fy22 Results: Net profit soars 46 pc to Rs 6,692

May 26, 2022, at 05:07 am

Mumbai: Mining behemoth Coal India Wednesday announced a consolidated net profit of Rs 6,692.94 crore for the quarter ending March 31, 2022, surging 45.91 percent from Rs 4,586.78 crore in the same quarter last year.

Sufficient buffer stock to increase supply to non-power sector: CIL

Feb 13, 2022, at 09:48 pm

New Delhi/IBNS: Government-owned Coal India Limited (CIL) Saturday said it is currently supplying around 3.4 Lakh tonnes of coal per day to the non-power sector (NPS) which is the company’s average supply to this segment while stressing that it has sufficient buffer stock to further increase supply to non-power sector.

CIL's coal supply grew 18 pc in Apr-Sept 2021 against last fiscal

Dec 09, 2021, at 08:42 pm

New Delhi/IBNS: Coal India Limited (CIL) has supplied more coal during the current fiscal (up to Nov 2021) in comparison to last year same period, Union coal minister Pralhad Joshi said.

14 railway projects at Rs 22,067 cr launched to enhance coal transportation efficiency

Dec 04, 2021, at 04:55 pm

New Delhi/IBNS: Fourteen railway projects have been undertaken at an estimated cost of Rs. 22,067 crores towards increasing the efficiency and the capacity of the coal evacuation process which will help in reducing the time and cost incurred in its transportation, coal ministry said.

Coal India records PAT of Rs 2,933 cr in Q2FY22

Nov 13, 2021, at 03:53 am

New Delhi/IBNS: India's largest coal producer, state-owned Coal India Ltd posted a consolidated profit after tax (PAT) of Rs 2,933 crore, down marginally by 1 percent from Rs 2,952 crore in the same quarter last year.