Page 11 - Coal India

CIL board approves increase in coal evacuation facility charges

State-owned CIL on Saturday said its board has approved a proposal to increase the coal evacuation facility charges.

Jharkhand CM Soren asks Coal India to pay Rs 56,000 cr outstanding dues

Jharkhand Chief Minister Hemant Soren on Friday asked Coal India for immediate payment of Rs 56,000 crore outstanding dues in lieu of government land allotted to it for mining.

Stocks to watch: Hero Moto, NMDC, Coal India, Srei Infra Fin, TCS, Coforge

Motorcycle maker Royal Enfield, part of Eicher Motors, said its total sales increased 13 per cent YoY to 43,048 units in June

Coal India committed to achieving carbon offset of 60k tonnes by year-end

State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday.

Coal drives Railways' freight biz as demand from power plants perks up

As power plants rush to hoard coal ahead of peak summer demand, coal production and its movement has also increased

Coal India to close down 23 unviable mines, to help save around Rs 500 cr

Coal India Limited has decided to close down 23 unviable mines and it would help save the company around Rs 500 crore considering all costs, officials said on Tuesday.

Coal India Ltd final dividend to enrich govt by Rs 1,426 crore

The government will receive Rs 1,426 crore as dividend from Coal India Limited (CIL) after the dry fuel miner on Monday announced an additional final dividend of 35 per cent

Coal India's FY21 profit tumbles 24% as power, metal sector demand dwindles

Income down 8.5% to Rs 93,818 cr, revenue from operations declines 6.3% YoY to Rs 90,026 cr

CIL Q4 net marginally down at Rs 4,589 cr; declares Rs 3.5 final dividend

Revenue from operations decreased to Rs 26,700 crore as against Rs 27,568 crore a year ago

Coal India may announce 20-25% additional dividend on June 14: Report

Coal India Ltd is expected to reward its shareholders with an additional final dividend of 20-25 per cent in its board meeting that will declare fourth-quarter financial results, sources said.

Coal India's 114 mining projects under different stages of implementation

State-owned CIL's 114 ongoing coal projects, costing Rs 20 crore and above, are under different stages of implementation, according to a report.

Coal India amends policy, allows export of fuel bought via e-auction

Company execs say move would increase volume of trade on CIL's e-auction platform

Coal India hits 52-week high, regains Rs 1 trillion market capitalisation

The stock of the state-owned company surpassed its previous high of Rs 162.95, touched on February 26, 2021.

Coal India hits 52-week high, regains Rs 1 trillion market cap

Coal India reported strong offtake in dispatches, with volumes at 55.1mt, registering a 37.6 per cent year on year (YoY) increase in May 2021.

Coal India's e-auction sales up 53% in Apr-May at 21.5 million tonne

CIL scripted an all-time high of 124 MT in e-auction sales in 2020-21 posting 88 per cent growth over the preceding year.

Coal workers in battle for frontline status amid Covid-19 pandemic

Coal India says it made arrangements for sufficient beds, unions dispute claim

Coal India alive, sensitive to need of environmental protection: Chairman

Coal India chief Pramod Agrawal has said that the coal behemoth is alive and sensitive to the need of environmental protection and the PSU pursues sustainable mining practises persistently. The statement assumes significance especially when when there has been concerns about the global climate change on account of burning of fossil fuels, including coal, which releases green gases into the atmosphere. "Restoration of ecosystem, effective bio-reclamation, effective utilisation of water are followed with equal fervour and importance as production," Agrawal said in a communication. Coal India, he said, has planted close to 2 million saplings during FY'21 over an area of 862 hectares exceeding the target by 16 per cent. "CIL is alive and sensitive to the need of environmental protection and pursues sustainable mining practices peristently," the chairman said in his message posted on the company's website. Satellite surveillance indicates that in 51 major Open cast mines, producing mor

Coal India Ltd's coal offtake rises 38% to 55 million tonnes in May

State-owned Coal India Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector.

CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model

Paytm plans to launch India's biggest IPO, aims to raise $3 billion

According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan