Coal India Q1FY25: Net profit grows 4% YoY to Rs 10,959 cr; raw coal prodn rises 189.3 MT
Kolkata: National miner Coal India Limited (CIL) reported a 4.1 percent year-on-year increase in consolidated net profits for the first quarter (April-June) of the financial year 2024-25 (FY25), amounting to Rs 10,959 crore, media reports said.
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.
CIL signs Mou with IIM Mumbai and Sambalpur to boost logistics efficiency
New Delhi: State-owned miner Coal India Limited (CIL) entered into a Memorandum of Understanding (MoU) with the Indian Institute of Management (IIM) Mumbai and Sambalpur on Friday to boost logistic efficiency.
CIL & BHEL to sign JVA to set up ammonium nitrate plant
New Delhi: Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) formally signed a joint venture agreement (JVA) on Wednesday in Delhi for setting up an ammonium nitrate plant through the surface coal gasification (SCG) technology route.
Coal production grows 11% YoY to 84.53 MT in November
New Delhi: India's coal production surged during November, reaching 84.53 MT, up 11.03% compared to 76.14 MT of the corresponding month in the previous 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 prodn records an increase of 12.85% in August 2023, reaching 67.65 MT
New Delhi: India’s overall coal production surged substantially in the month of August 2023, reaching 67.65 Million Tonne (MT) compared to 59.95 MT of the corresponding month in previous year, representing an increase of 12.85%, Coal Ministry said on Friday.
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.
India’s coal prodn jumps to record 223.36 MT in Q1FY24
New Delhi: India’s coal sector registered the highest ever coal production at 223.36 million tonnes (MT) in Q1FY24, a growth of 8.55% compared to the production of 205.76 MT during the same period during FY 2022-23, the Ministry of Coal said.
Coal prodn grows 8.4% to 222.93 MT in Q1 of FY 2023-24
New Delhi: India’s overall coal production surged substantially with a growth of 8.40% in Q1 of FY 2023-24, the Coal Ministry said on Monday.
Coal sector fully prepared to meet growing domestic demand: Pralhad Joshi
New Delhi: India’s coal sector is fully prepared to meet the enhanced domestic demand of the country’s fast-paced economy and there will be no shortage of coal amid the summer and monsoon months, Coal Minister Pralhad Joshi said on Tuesday.
Coal production goes up to 76.26 MT in May 2023; coal stock grows 35.48% to 112.41 MT
New Delhi: India’s overall coal production in May grew by 7.10% year-on-year, reaching 76.26 Million Tons (MT).
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.
Coal India raises prices of non-coking coal by 8%
Kolkata: Coal India Ltd (CIL) has raised the prices of non-coking coal by 8 percent, the state-run miner said in a regulatory filing.
Coal India to launch M-Sand projects in a big way to focus on high-quality sand prodn
New Delhi/IBNS: Coal India Ltd (CIL) is looking to process the overburden rocks for sand production in mines where OB material contains about 60% sandstone by volume which is harnessed through crushing and processing of Overburden, the Ministry of Coal said on Friday.