NEW DELHI: Niti Aayog plans to come out with a policy prescription on how India should meet its demand for coal in domestic power and non-power sectors to cut imports of the fossil fuel over
Coal India’s quarterly profit jumped more than eightfold as the world’s biggest coal miner produced more of the dry fuel, but profit fell slightly below analysts’ expectations, its financial results showed on Monday.
Coal India, which made a smashing market debut eight years ago, has failed to live up to investor expectations till now.
Coal sector trade unions opposing the dilution of the government stake in Coal India has urged the employees against participating in the ongoing five per cent offer for sale (OFS) meant for employees.
Kolkata: Coal minister Piyush Goyal has asked chairmen of Coal IndiaNSE 0.74 % and its subsidiaries to cancel all travel plans and focus on meeting sales and production targets as the government is not satisfied with the performance of these companies. The directive was conveyed through a letter from the ministry
KOLKATA: State-run Coal IndiaNSE 0.43 % aims to raise output from its troubled Rajmahal mine in Jharkhand to 60,000 tonnes a day by March 2019, having resolved land-acquisition related problems which had crimped production
India’s coal imports rose by 7.9 per cent to 134.46 million tonnes (MT) in the first seven months of the current fiscal, according to mjunction servicesNSE -0.54 %.
Small and medium consumers of Coal IndiaNSE 0.34 % now have the option of choosing their preferred coal mines. They can also carry coal either on trucks to destinations or through a combination of rail and road and save on logistics.
KOLKATA: Combined stocks at mine pit heads of Coal IndiaNSE 0.48 % and power plants have dwindled to a five-year low of about 31 million tonnes, just enough to supply thermal power plants for 18 days, because the company sold more than it produced under pressure
KOLKATA: Coal IndiaNSE 0.17 % supplied 22.20 million tonnes extra coal to the power sector during April-October 2018 against the previous corresponding