Page 13 - Coal India

Coal India Q3 results: Net profit declines 21% to Rs 3,084 crore

Revenue from operations during the quarter increased to Rs 23,686 crore

Sensex ends 222 pts higher, Nifty tops 15,150; RIL gains 4%, PSB stocks dip

On the sectoral front, Nifty PSU Bank index declined over 1 per cent on the NSE, followed by losses in the Nifty Auto index (down 0.4 per cent), and the Nifty Realty index (down 0.24 per cent)

Coal India signs Rs 2,900 crore agreement for procurement of dumpers

State-owned CIL on Wednesday said it has entered into a pact worth Rs 2,900 crore with a Belarus-based mining equipment manufacturer for purchase of dumpers.

Stocks to watch: Indigo Paints, Eicher Motors, HDFC, Coal India, PVR

State-owned Coal India's coal production declined by 4.1 per cent to 60.5 million tonne (MT) last month

Coal India output likely to slip 4% in January after months of growth

Coal India's dry fuel production is likely to snap a five-month growth streak to register a decline in January, owing to high pithead stock, sources said on Sunday

Par panel raises question over CIL arm hiring equipment for Rs 859 cr

A parliamentary panel has sought reasons behind such a move when its own equipment were not utilised fully.

Stock-specific approach to investing in PSUs will yield returns: Experts

Attractive valuations not enough to be positive on the entire sector, say experts

Coal India says geared up to meet surge in fuel demand from power sector

State-owned Coal India Ltd said that it is well geared to meet any surge in demand for coal from the power sector

No early end to India's love for coal despite climatic commitments

While home minister Amit Shah sees it as critical to India's goal of becoming a $5-trn economy, coal plays a crucial role in the politics of the Centre and eastern states too

Coal India increases capex by 30% for current fiscal year to Rs 13,000 cr

Move in line with Centre's directive to increase expenditure for economic revival

Auto, PSU stocks to outperform in the short-term: Vinay Rajani of HDFC Sec

Immediate resistance for the Nifty is seen at 14,890

Covid impact: Coal India to diversify into non-coal mining areas in 2021

CIL is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel remained muted for most of this year

PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18%

The companies that exited the trillion club are IOCL, NTPC, BPCL, and Coal India

CIL's coal allocation to power sector under e-auction rises 5.9% in Apr-Nov

State-owned CIL's coal allocation to the power sector under the special e-auction saw a 5.9 per cent rise to 17.96 million tonnes (mt) in the first eight months of the current financial year.

To protest domestic producers, coal shipments disclosures amde madatory

Importers of coking coal, steam coal and bituminous coal would have to gain a permit ahead of deliveries, the commerce and industry ministry said

Coal India's fuel allocation under spot e-auction rises 59% during Apr-Nov

Fuel allocation by CIL under the scheme also increased to 4.09 MT in November, from over 3.58 MT in the corresponding month of 2019

Fuel supply by CIL to power sector drops 5% to 277 MT in April-November

Coal supply by state-run CIL to the power sector declined by 5.3 per cent to 277.46 million tonne (MT) in the April-November period of the ongoing fiscal. The state-owned company had supplied 292.88 million tonnes of coal to the power sector in the corresponding period of the previous fiscal, according to official data. In November the fuel supply by Coal India (CIL) was almost flat at 39.38 MT against 39.12 MT in November last year. The fuel supply by Singareni Collieries Company Ltd (SCCL) to the power sector in the eight-month period dropped by 35 per cent to 22.37 MT from 34.44 MT a year ago. In November, the fuel supply by SCCL declined to 3.9 MT from 4.62 MT in the corresponding month of previous fiscal, it said. CIL is a major supplier of the dry fuel to the power sector in India. The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the ...

Coal India aims to substitute 80-85 million tonne of imported fuel in FY'21

State-run Coal India is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal, an official said

India's coal import drops 19% to 116.8 mn tonnes during Apr-Oct this fiscal

Of the total import in October 2020, non-coking coal was at 14.46 MT. In October 2019, the import was 13.57 MT

Coal India reports 3.4% rise in production to 52 mn tonnes in November

Production during April-November 2020 increased to 334.5 MT, over 330.4 MT in the corresponding period of 2019-20, it added