State-owned CIL on Thursday said it produced 40.51 million tonnes (MT) of coal in September, registering a growth of 31.6 per cent over the same month last year. Coal India (CIL), which accounts for over 80 per cent of domestic coal output, had produced 30.78 MT of the dry fuel in September 2019. "Coal production at 40.51 MT in September'20, surged ahead by a robust 9.73 MT increase in absolute terms, compared to 30.78 MT in September'19, the growth being 31.6 per cent," CIL said in a statement. For the first time in the current fiscal, growth was in double digits, with all CIL subsidiaries showing an increase. "Now that we broke the growth jinx in output and off-take, which were weighed down by the pandemic-induced slowdown, we expect to better our performance in the ensuing months. "We aim to reclaim as much of the lost ground as possible during the rest of the fiscal," a senior official of the company said. "Generally, the H2 performance is higher in terms of production and ..
With an aim to achieve 1 bn tn (BT) coal production by the year 2023-24 and make the nation Aatmanirbhar, National Miner Coal India Ltd (CIL) will invest over Rs 1.22 trillion on about 500 projects
For the first time in the ongoing fiscal, Coal India has recorded growth in both production and off-take
During April-July 2020, total coal imports were recorded at 57.27 MT, which is 35.76 per cent lower than 89.15 MT imported during April-July 2019
The miner had earlier set a production target of 710 million tonne for the 2020-21 fiscal
Coal India accounts for over 80% of domestic coal production
Western Coalfields has increased the production of coal to 57.6 mn tonnes in fiscal year 2019-20 and provided it cheaply to govt and private thermal power stations in Central, West and South India
The state-owned miner produced 18.05 million tonnes (MT) of coal from July 1 to July 16 against 19.61 MT produced in the same period last year.
In case of Coal India, if valuations are not attractive, company will buy back shares from the govt
The drop in imports assumes significance in the wake of government mandating state-owned Coal India Ltd to replace at least 100 million tonne of imports with domestically-produced coal in 2020-2021
The world's largest coal miner's production fell to 573,000 tonnes per day over the three days, compared with a June average output of 1.29 million tonnes per day
A coal ministry official said that on Friday CIL produced 5.55 lakh tonnes of coal Friday, which is 42.7 per cent of the 10 days average production (from June 22 to July 1) of 12.969 lakh tonne
Tapan Sen, general secretary of the Centre of Indian Trade Unions (CITU), said that in comparison to the previous two days, more workers have joined the strike on Saturday
Barring coal production, and to an extent cargo handled at sea ports, most of the main indicators that went into calculation of GDP growth contracted in the fourth quarter
The company had posted a total production of 45.30 million tonnes (MT) in the corresponding month of the previous financial year, CIL said in a filing to the BSE
The two assets, Talabira II and III, will be used to meet the needs of its existing and future coal fired power plants
None of the units run by NTPC, along with those operated by its JVs, now faces a situation of super critical stocks
Removal of end-use restrictions is a major step forward
Coal India Ltd (CIL), which registerted negative growth in production of the dry fuel for past few months, has posted over 7 per cent growth in December with 58 million tonne output, sources said on Wednesday. The coal behemoth had produced 54.13 million tonne in corresponding month of 2018. In the last month, the production was about 8 million tonne higher from 50.2 million tonne prduced in November, the company sources said. According to provisional data, the miner has produced 388.39 million tonne of coal during April-December period of the current fiscal, down by 5.83 per cent from 412.45 million tonne in the first nine months of the last financial year, CIL sources told PTI. Coal India aimed at producing 660 million tonne in 2019-20 and missed the target of 457.23 million tonne till December. The company has not officially announced its latest production figures till the story was filed. Production was relatively less during April-December period as mining ...
The PSU major Indian Oil Corporation said vehicle fuel and LPG supply in Tinsukia, Dibrugarh, Sivasagar, Golaghat and Jorhat districts in upper Assam have been severely affected.