India’s Adani Group expects an over six-fold rise in coal mining volumes by the end of fiscal year 2021, an executive said on Tuesday, despite its struggle to develop a coal project in Australia.
New Delhi: In a major sectoral reform in the coal sector since its nationalisation in 1973, the Government on Tuesday allowed private companies to mine the fossil fuel for commercial use, ending the monopoly of PSU Coal India Ltd (CIL).
Kolkata: The Coal India is targeting to limit its financial outgo in the latest wage negotiations — National Coal Wage Agreement X — which led to inconclusive outcome at the three-day-long intense marathon meeting.
New Delhi: State-owned Coal India Ltd (CIL) on Monday posted 23 per cent decline in consolidated profit at Rs 2,351.2 crore for the quarter ended June 30, 2017, due to higher expenses.
New Delhi: India’s coal import in the first quarter of this fiscal declined by 8 per cent to 52.74 million tonnes (MT) over 57.38 MT in the year-ago period.
Melbourne: Adani Australia could face a multi-million penalty for possible environmental breaches over floodwaters released from the Indian mining giant’s Queensland coal port after Cyclone Debbie which wreaked havoc in the country.
New Delhi: Shares of Coal India fell by over 2 per cent today after the Competition Commission imposed a fine of Rs 591 crore on the state-owned firm for having discriminatory conditions in fuel supply pacts.
New Delhi: World’s largest coal producer Coal India today said its arm Central Coalfields has approved a share buyback plan worth Rs 1,001.88 crore.
New Delhi: Country’s coal imports have declined 5 per cent in the first two months of 2016-17 and the number is expected to reach 160.16 million tonnes in the ongoing fiscal, Parliament was informed on July 18.
Observing that the National Thermal Power Corporation (NTPC) is jeopardising environmental conditions in Chhattisgarh’s Bilaspur by ferrying coal from mines to power plants in open rail wagons, an expert panel of the environment ministry asked the PSU to shift to using closed bogies or look for other alternatives which would also save tonnes of water…