Category: Coal

Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs 8,682.20 crore for the March quarter on the back higher supplies of the dry fuel. The company’s consolidated net profit stood at Rs 6,875.07 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing. […]

State-owned NALCO has made a record production of cast metal at 4,63,428 metric tonne during the financial year 2023-24. The company has also made its highest-ever metal sales of 4,70,108 metric tonne during the fiscal ended March 31, it said in a statement on Tuesday. The excavation of bauxite reached a record high of 7,600,230 […]

State-owned Coal India Limited (CIL) produced 773.6 million tonnes (MTs) of coal in FY 2024, posting a 10 per cent growth over a high base of 703.2 MTs of FY 2023, it reported in an exchange filing. This, per the data shared by CIL, is the first instance that the company recorded double digit growth […]

Coal India (CIL) on Thursday announced that its coal supplies to thermal power plants of the country hit 610.8 million tonnes (MTs) on Wednesday surpassing the annual target of 610 MTs to this sector. “This was the highest to date and the company achieved the feat four days earlier than the FY 2024 closure,” CIL […]

The country registered a marginal rise of 1.65 per cent in coal imports to 212.24 million Tonnes (MT) in the April-January period of the ongoing fiscal, over the year-ago period. India’s coal import was 208.78 MT in the corresponding period of the previous fiscal, according to data compiled by mjunction services ltd. mjunction services ltd […]

India’s mineral production from mining and quarrying grew 5.9% year-on-year, a PIB report said on Wednesday. The country produced over 99.8 million tonnes of coal in the period on the back of rising power demand. India, the world’s second-largest coal user, generated record-high coal-fired electricity in January as rising demand for air conditioning meant that […]

Energy and environmental services major, Thermax Ltd, said on Friday that it is in discussion with several steel companies in the eastern region for a commercial-scale high-ash coal gasification project. This project will be the first of its kind in the eastern region. Thermax is also in dialogue with Coal India on coal gasification technology. […]

Cement major ACC Ltd bagged the Lamatola coking coal block situated in Madhya Pradesh on Thursday in the ongoing nineth round of auction of commercial coal mines, according to an official release. ACC submitted the final bid offering a premium of 16.75 per cent against the reserve price of 4 per cent. “Including today’s auction, […]

A panel of officials from Indian ministries has called for a bigger carbon tax on higher quality imported coal while cutting rates for domestic coal, in a bid to slash shipments of the polluting fuel, the coal ministry said on Thursday. Coal is among India’s top five commodity imports by value. Despite surging domestic production, […]

A total of 91 coal mines have been auctioned so far with expected annual revenue of over Rs 33,000 crore, an official statement said on Tuesday. Since the launch of commercial coal auctions in 2020, the transparent and fair auction process has been well-received by the industry, with no complaints received, it added. he sale […]

The coal sector has achieved a substantial surge in overall coal production during the month of February 2024, attaining 96.60 million ton (MT) (provisional) coal production, surpassing the figures of 86.38 MT of the corresponding month in previous year, representing an increase of 11.83 percent. The production of Coal India Limited (CIL) rose to 74.76 […]

Private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector. Adani Power, JSW Group and Essar Power are among the companies that have told India’s power ministry […]