Page 5 - Coal India

Coal shortage hurting non-power sectors still year after supply shift

In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent

HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge

CLOSING BELL: This was the first gain for benchmark indices in seven days

Stocks to watch: M&M, IDBI Bank, Dhanlaxmi Bank, Adani Green, RBL Bank

Stocks to watch today: Dhanlaxmi bank saw no outcome or resolution in their EGM meeting; Media stocks are expected to hog limelight ahead of day 2 of IPL's media rights auction.

CIL issues import tender for 2.4MT of coal, identifies 26 beneficiaries

The imported coal would be supplied to state government-owned gencos and independent power producers (IPPs), 1.2 mt each

Top headlines: CIL issues import tender; Presidential election on July 18

Business Standard brings you the top headlines on Thursday

Coal India plans green mining options through new technologies: Chairman

The comments come at a time when there have been concerns about global climate change on account of the burning of fossil fuels including coal, resulting into greenhouse gas emission.

Great Eastern Energy to invest $2 billion in shale gas exploration

Great Eastern Energy Corporation Ltd, a pioneer in the field of coal bed methane in India, plans to invest about USD 2 billion (Rs 15,000 crore) in exploration of shale gas at its Raniganj South block in West Bengal, its MD & CEO Prashant Modi said. "We want to recreate in shale what we did for CBM," he said. "We pioneered exploration, production, and development of CBM in India." CBM (Coal Bed Methane) is gas trapped below coal seams. GEECL signed the first CBM contract in India for the Raniganj South block on May 31, 2001. "We were the first to commercialise CBM in July 2007," he said. Prior to this, the firm's CBM block was under an agreement with Coal India Ltd. since 1993. At that time, CBM was practically not present in Asia and was still at a nascent stage worldwide. "We have a huge potential of shale resource of up to 6.63 trillion cubic feet (TCF) in our block," he said. "We are awaiting the amendment to our petroleum mining lease for shale exploration from the West ...

Govt asks Coal India to be ready to import 12 million tonnes of coal

According to industry experts, the government is making all efforts to build up stock of coal to avoid the reoccurrence of power outrages which happened in April

Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip

CLOSING BELL: The Nifty IT index was the only gainer, up 0.45 per cent

Stocks to Watch: UltraTech Cement, Castrol, CIL, Aether Ind, Deepak Nitrite

Stocks to Watch: Aether Industries will be in focus as the speciality chemical maker is set to make its debut on the bourses today. The issue price has been fixed at Rs 642 per share.

Why does India face a recurring power shortage despite enough coal stock?

India has been witnessing a mismatch between demand and supply of coal. With increasing power demand, there can be more shortage in September quarter. Why is coal not reaching power plants?

Why does India face a recurring power shortage despite enough coal stock?

India has been witnessing a mismatch between demand and supply of coal. With increasing power demand, there can be more shortage in September quarter. Why is coal not reaching power plants?

Power sector crisis could become a drag on India's economic growth

Power shortage is the last thing Indian businesses, recovering from the pandemic-induced disruption, need

Policy flip-flop over coal import puts state, private gencos in a spot

CIL to import coal for states; working capital pressure worries IPPs

Coal India to import for first time in years as power shortages loom

India is expected to face a wider coal shortage during the third quarter of 2022 due to expectations of higher electricity demand, stoking fears of widespread power outages

F&O expiry: Sensex up 503 pts to end atop 54K; Nifty drops 6% in May series

CLOSING BELL: The S&P BSE Sensex traded in a broad range of 921 points on Thursday as it hit a high and low of 54,346 and 53,425, respectively

Stocks to Watch: Coal India, BPCL, Infosys, Fortis, NALCO, IndiGo, PFC

Stocks to Watch: At 7:30 am, the SGX Nifty futures were quoting around 100 pts up at 16,100 levels. That said, the markets may exhibit volatility today on account of the monthly F&O expiry.

Coal India Q4 net jumps 46% to Rs 6,693 cr, firm declares Rs 3 dividend

The company's consolidated revenue from operations rose 22% to Rs 32,707 cr in Q4FY22

Sensex falls for 3rd day, dips 303 pts; Asian Paints sinks 8%; IT index 3%

CLOSING BELL: The broader markets, meanwhile, bled more with the BSE SmallCap index sliding nearly 3 per cent, and the BSE MidCap index falling close to 2 per cent

Coal India targets 12% production growth in FY23 amid power crunch

Until May, so far, CIL production is at 26.35 mt, 34.44 per cent more than the production during the same period last year