Page 7 - Coal India

Coal India considers private sector to run discontinued mines

India is considering partnering with private companies to operate mines which have been previously shut or production discontinued by state-run Coal India Ltd

Multiple tailwinds emerge for Coal India after a strong Q3 despite hurdles

Increase in production, higher prices, better margins and high dividend yield are key positives

Coal India warns it may need to cut output without a price hike

The world's largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power mine equipment.

Sensex sprints 1,736 pts, Nifty tops 17,350 amid Russia-Ukraine peace hope

Some troops in Russia's military districts adjacent to Ukraine are returning to their bases after completing drills, Russia's defence ministry was quoted as saying

Ukraine-Russia tensions send indices in tailspin; Sensex cracks 1,747 pts

The NSE Nifty50, on the other hand, breached below the 16,850-mark to end 532 points, or 3.06 per cent, lower at 16,843. This was the indices biggest intra-day fall since November 26, 2021

Coal India's total dividend payout this year likely to be higher than FY'21

The total dividend payout by Coal India during the current fiscal is likely to be higher than the FY21 as the miner is expected to post healthy revenue and growth in profit, sources said

Coal India plans to bulk export output to Bangladesh, Sri Lanka, Bhutan

The state-run company plans to export to Bangladesh, Nepal and Bhutan

India must step up coal imports to avoid a repeat of last year's crisis

Unreliable domestic dispatches prompt customers to either pay more for imports or stop operations

Coal India CMD gets additional charge of finance portfolio

The ministry of coal has entrusted the additional charge of director (finance) to Pramod Agrawal for six months

Coal ministry readies host of reforms for the next five years

The ministry plans to float a note for the Union Cabinet's approval by February and kick-start the new auction process by the middle of next year

CIL to raise coal stock at thermal plants to 45 mn tonnes by fiscal-end

Coal India Ltd (CIL) is aiming for the highest-ever closing stock at power plants, the PSU said

Captive power plants request government to normalise coal supply

On an average, captive power plant-based industries are getting less than 50 per cent of the coal against secured linkages and Coal India Ltd (CIL) auctions

Coal India auction to non-power sector increases sharply: Report

Coal India had temporarily paused auctions of coal to non-power customers and reduced contracted supplies in October

Coal India to infuse Rs 19,650 cr to strengthen rail infrastructure

The move will increase coal evacuation capacity of the PSU through rail mode by an additional 330 million tonnes per annum (MTPA) by FY2023-24 when the production is expected to scale up significantly

Sensex ends off day's high, up 154pts, Nifty 28pts; RIL, IT stocks gain

The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively

Supply of coal by CIL to power sector rises 23% in April-October

The dispatch of coal to the power sector by state-owned CIL rose 22.7 per cent to 291.72 million tonne (MT) in the first seven months of the ongoing fiscal year

Moderate valuation, high dividends should provide floor to Coal India stock

Global slowdown leading to lower prices, fall in e-auction volumes and higher-than-expected wages are downside risks

Coal India consolidating its sustainable development goals, says govt

The government on Thursday said state-owned Coal India Ltd (CIL) is quietly engaged in further consolidating its sustainable development goals.

Coal India aims at Rs 40,000-50,000 cr capex in 4-5 years: Chairman

Coal India Ltd on Wednesday said the company is aiming at investing Rs 40,000-50,000 crore as capital expenditure in the next 4-5 years.

India's last-minute defence of coal at COP26 hid role of China and US

China, US and India are the three biggest polluters, and all three have now pledged to zero-out their emissions in the decades ahead.