Melbourne: India’s Adani Enterprises has taken a step closer to the construction of a controversial thermal coal mine in Australia after winning federal government approval for its groundwater management plan. Adani wants to develop the Carmichael coal deposit in Queensland state, but has faced fierce environmental resistance that has turned the project into a political […]
Washington: Coal is making way for cheaper solar and wind energy providing electricity to US households, a new study has found. Coal is increasingly more expensive than cleaner alternatives. Today, local wind and solar could replace approximately 74 per cent of the US coal fleet at immediate savings to customers, it says.
New Delhi: State-run power giant NTPC is expected to end the current financial year with captive coal production of 7.25 million tonnes, up by a massive 170 per cent, from 2.68 million tonnes in the year-ago period, a company official said. The official said that while output at NTPC’s Pakri Barwadih coal mine at Jharkhand […]
New Delhi: State-owned CIL on Thursday said its board has approved second interim dividend of Rs 5.85 per equity share for the fiscal 2018-19. “The board of directors in its meeting on March 14, 2019 approved payment of 2nd interim dividend for the financial year 2018-19 @ Rs 5.85 per share of the face value […]
Kothagudem: Gandhipuram Railway station in Karepalli mandal will be made a key junction after completion of Kovvur-Bhadrachalam Road railway line. The Union Railway Ministry is very particular on the proposals sent by Telangana on providing railwat circuit connecting all SCCL mining areas. SCCL is ready to extend all assistance to the railway circuit of coal […]
New Delhi: Markets regulator Sebi on Wednesday exempted state-owned Coal India from complying with regulations with regard to its proposed buyback programme for 4.46 crore shares. Coal India had filed an application on February 12 with the Securities and Exchange Board of India (Sebi) seeking exemption from the strict enforcement of the buyback norms. The […]
New Delhi: Coal imports increased by 5.1 per cent to 189.9 million tonnes (MT) in the April-January period of the ongoing fiscal, according to a report. Coal imports were at 180.61 (MT) in the April-January period of the previous fiscal, the report by mjunction services showed. mjunction, a joint venture between Tata Steel and SAIL, […]
New Delhi: State-owned Coal India on Tuesday said its consolidated net profit rose 50 per cent to Rs 4,566.81 crore during the third quarter ended December 31, on higher income.
KOLKATA: By opening the door to private players for commercial mining, the coal sector this year witnessed its biggest reform in over four decades.
New Delhi: Coal India Ltd (CIL) on Saturday posted 61.07 per cent jump in consolidated net profit at Rs 3,786.44 crore for the June quarter of 2018-19 financial year.
New Delhi: State-owned CIL on Thursday said it produced 177.43 million tonnes of coal in the first four months of the ongoing fiscal, registering a growth of 14 per cent.
Kolkata: The Coal India has decided to procure mining equipments worth USD two billion through global tender over the next three years to ramp up coal production to meet the growing demand.