Page 4 - Coal India Limited

Coal India production slower than the captive mines, shows govt data

During 2020-22, production from the captive mines jumped by 38.5 per cent while CIL saw a tepid growth of 3.4 per cent, according to government data

Coal firms report delay in loading at railway sidings due to shortage

So far in May, 1,205 rakes allotted to the seven companies of CIL have incurred delays. This is close to a third of CIL's total loading.

Pvt investors, CIL, govt exploring ways to make coal mining more bankable

The challenge for the companies is how to make the banks finance the projects

Power crisis: Railways missed coal train provision targets for over a year

In April, state-run Indian Railways supplied 261 trains per day to Coal India for the power industry, the lowest in three months

India's dependence on coal based power is proving to be very expensive

The situation cries out for more global investment in India to retire coal, buy out existing contracts, compensate affected communities and switch to renewables

CIL's supply to power sector up 16% in Apr; to augment dispatches further

On an average, the PSU supplied 1.66 MT of coal per day to power utilities in April which increased to 1.73 MT during last week

State-run power gencos owe Rs 6,477.5 crore to Coal India Ltd

At present, the country is witnessing a power crisis on account of coal shortages

CIL output grows 27% in April; despatch improves 5.8%: Coal ministry

Public sector miner Coal India has reported an increase of 27.2 per cent in its output in April 2022 as compared to the year-ago period, coal ministry said on Friday.

Stocks to Watch: Infosys, HDFC Bank, Tata Steel, ICICI Life, HUL, RIL, M&M

The Infosys ADR has declined over 9 per cent in the last two trading session in the US market, while our market was shut for trade, post Q4 results.

Recover coal companies dues from utilities vigorously, suggests Par panel

The Standing Committee on Coal, Mines and Steel in its report tabled in Parliament said that a huge amount of dues are outstanding from the states and other utilities

CIL's pithead coal may rise further by FY22-end; current stock at 43 MT

The fuel supply by CIL to the power sector peaked to a historic high of 493 million tonnes (MT) as on Thursday in the ongoing fiscal

Coal India surges 32% in 4 days on improved outlook; stock nears 52-wk high

MOSL expects profitability to recover further in January-March quarter (Q4FY22) led by strong e-auction premiums, which breached the 100 per cent mark after 12 quarters in Jan-Feb.

Union Cabinet approves offering of coal via common e-auction window

The approval was given during a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi

'Russia-Ukraine crisis to further hamper coal supply to CPPs, industries'

According to the Indian Captive Power Producers Association, amid rising energy prices globally, electricity producers will pressurise the government for more domestic coal to fulfill their demand

CIL looking to offer over 100 closed, discontinued mines to private sector

'The Ministry of Coal held a stakeholder consultation on revenue sharing model for discontinued/closed mines of CIL here today with the private sector,' the statement said

Pralhad Joshi urges CIL to achieve production targets for FY22, FY23

Coal India, accounts for over 80 per cent of domestic coal output, has a production target of 670 million tonnes for the 2021-22 financial year

'Survival of certain Coal India subsidiaries at stake without price hike'

In an effort to tide over inflationary pressure, the miner will likely raise prices after the assembly elections in five states, including Uttar Pradesh, in March, the sources said

India's coal production rises 6% to 79.60 million tonnes in January

India's coal output stood at 75 million tonnes (MT) in January 2020

Coal India Q3 net profit rises 48%; board approves interim dividend of Rs 5

Consolidated revenue from operations rose 20% to Rs 28,434 cr

Coal India has sufficient buffer stock for non-power sector: Govt

Coal India is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector, says govt