Category: Coal

NEW DELHI: Auctions for commercial coal mining may not take place soon as the country is entering the election mode, said a senior government official. The statement comes amid resistance from the trade unions operating in the coal sector against commercial coal mining. “With the nation almost entering the election mode, I think it will […]

NEW DELHI: India is keen to collaborate with the US department of energy to source technology for coal gasification to tap into the country’s large reserves, improve its fuel efficiency and reduce dependence on imports. The move was triggered after recent attempts by the government and private players to set up their own coal gasification […]

Coal IndiaNSE -0.54 % is likely to report double-digit year-on-year rise in net profit for quarter

Mining major Coal IndiaNSE -0.56 % on Tuesday reported a 50 per cent jump in consolidated profit at Rs 4,566.71 crore for the quarter ended December 31, beating Rs 3,778 crore net estimated by

Coal monopoly CIL on Tuesday put up an estimate-beating performance, as its consolidated profit grew 50 per cent to Rs 4,567 crore for December quarter. That beat Rs 3,778 crore net estima ted

NEW DELHI: Shares of Coal IndiaNSE -0.56 % jumped over 2 per cent in Tuesday’s session ahead of its December quarter numbers.

The coal ministry has expressed concern over delay in the commissioning of around 18 washeries by state-owned Coal India LtdNSE 0.09 % (CIL) and stressed upon the need for timely completion of the projects.

KOLKATA: Coal IndiaNSE -0.18 % Limited (CILNSE 6.20 %) is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 7000 crore to bolster production after reviving the one billion tonne production target

KOLKATA: Coal IndiaNSE -0.18 % and GailNSE -0.79 % have formed a committee of senior executives to work jointly on coal bed methane projects of Coal India on its blocks. They are considering a joint venture in which Coal India would be producing the gas while Gail would be marketing it through its network.

Coal IndiaNSE 1.55 % has supplied 407.02 million tonnes coal to power sector in the current year, a growth of 7.3% over the same period last year, a statement issued by the coal ministry said.

NEW DELHI: Finance Minister Piyush Goyal Friday said the NDA government has conducted transparent auction of natural resources including coal and has “walked the talk”.

Kolkata: Coal IndiaNSE 0.71 % Ltd on Wednesday said its board would consider and approve buyback of its equity shares on February 4.