Coal India Limited
Coal India Limited News
Coal supply by CIL to power sector drops over 8 per cent to 253 MT in April-October
The supply of coal to power sector by CIL in October dropped by 19.3 per cent to 33.8 MT, over 41.9 MT in October last fiscal.
CIL's coal allocation under spot e-auction drops 36 per cent in April-September
Coal India accounts for over 80 per cent of domestic coal output. It is targetting an output of 660 million tonne in the ongoing fiscal.
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CIL coal output in April-October rises 10% to 306 MT
CIL supplied 22.2 MT more coal to the power sector during the period under review as compared to the corresponding year-ago seven months, CIL said. Rake loading to power sector grew 8.2 per cent during April-October 2018.
Dispute over dues restrains CIL from regulating supply
Coal supply to the state/Central gencos may be regulated corresponding to the current payment, if undisputed outstanding dues are more than 90 days equivalent coal values.
Fuel for reform
End of Coal India’s monopoly is welcome, promises to improve quality of coal, increase efficiency of power generation.
Coal price hike to impact secondary steel makers, says Icra
On January 9, Coal India Ltd (CIL) hiked thermal coal prices for both power and non-power consumers with immediate effect, a decision which electricity producers said would jack up energy prices by up to Rs 0.50 per unit.
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Piyush Goyal exhorts Coal India employees to meet targets
Coal Minister Piyush Goyal, who is also the railway minister, said the goal would be to make the country self-sufficient in permanent availability of quality coal and at cheap rates.
Coal India sell-off: Investing at the time of disinvestment
Experts say that while the share sale makes sense for large institutional investors, with stocks of the company having lost almost 6.5% since the last OFS, retail investors may not be that enthused.
Eyeing sell-off target, govt okays 10% stake sale in CIL
Based on CIL’s Wednesday’s closing price, move would help rake in Rs 21,156 cr.
No expansion of CIL’s projects sans public hearing: Panel
The denial by the EAC to allow Coal India Limited (CIL) to expand may upset the coal ministry’s target of extracting one billion tonne of fuel by 2020 from state-run collieries.
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