The coal ministry will hold discussions with stakeholders on Friday on ways to promote coal, and lignite gasification projects across the country. The event is seen as an important step towards the potential of coal and lignite resources to give a push to sustainable energy solutions in the country. Coal secretary Amrit Lal Meena will […]
Category: Coal
Coal India shares jump 5% after strong Q3 show
Shares of state-owned Coal India on Tuesday jumped 5 per cent a day after the company reported a rise in its net profit for the December quarter. On the NSE, the shares of Coal India Ltd (CIL) climbed 4.81 per cent at Rs 453.60 apiece. On the BSE, the stock of the company rose 4.72 […]
Trade unions have called for one day strike on Feb 16: CIL
New Delhi, Coal India Ltd on Tuesday said central trade unions have called for a one-day strike on February 16 at the company and its subsidiaries. State-owned CIL accounts for over 80 per cent of domestic coal output. In a regulatory filing, the company said the trade unions have called for the strike but did […]
Coal India Q3 Results: Profit rises 17% YoY to Rs 9,069 crore; dividend declared at Rs 5.25/share
Coal India on Monday reported 17% growth in its consolidated net profit to Rs 9,069 crore for the quarter ended December 2023. The same stood at Rs 7,755 crore a year ago. Revenue from operations rose 3% year-on-year to Rs 36,154 crore in the third quarter, compared with Rs 35,169 crore in the same period […]
Draft guidelines for notification of private agencies to be discussed at workshop on offshore mining
The formulation of draft guidelines for the notification of private agencies and their participation in offshore exploration will be discussed at a workshop to be held this week, the government said on Monday. The Marine and Coastal Survey Division (MCSD) of the Geological Survey of India (GSI) is organising a workshop titled ‘Offshore Exploration: Synergies […]
India’s coal production rises 10 pc in January
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal. India’s coal production was at 90.42 MT in the year-ago period. The coal production in the April-January period rose to 784.11 MT (Provisional) over 698.99 MT during the same period in 2022-23, […]
India may launch carbon capture policy to exploit vast coal resources
India is set to launch a carbon capture policy that it says will allow it to keep exploiting its vast coal resources and deal with its growing emissions, according to to a top government energy adviser.
Coal Ministry receives 10 offline bids for seven coal mines
The Coal Ministry on Friday said that it has received 10 offline bids for seven coal mines. The government in November launched the eighth round of the mine auction, putting 39 blocks under the hammer.
India expects annual coal output to grow 10.9% in 2024/25
India expects domestic coal output to grow by 10.9% to 1,134.8 million metric tons in the fiscal year to ending March 2025, a senior government official said, driven mainly by higher production from mines owned by private companies.
Coal India production rises 9 pc in January
State-owned CIL on Thursday reported a 9.1 per cent rise in coal production at 78.4 million tonnes (MT) in January. The company had produced 71.9 MT of coal in the corresponding month of previous fiscal, Coal India Ltd (CIL) said in a filing to BSE.
Budget: Coal gasification of 100 MT to give fillip to end-use sectors like steel, say experts
Increasing coal gasification and liquefaction capacity will reduce India’s reliance on imports of natural gas and other critical items, curb emissions and give a fillip to end-user sectors like steel, experts said. Finance Minister Nirmala Sitharaman while presenting the interim budget in parliament on Thursday said: “Coal gasification and liquefaction capacity of 100 MT will […]
Coal India, WCL to set up green energy projects at closed mines in Chhindwara area: Coal Secy
Coal India and its subsidiary Western Coalfields have identified four to five closed mines in the Chhindwara Pench area for setting up green projects for optimum utilisation of assets, Union Coal Secretary Amrit Lal Meena said on Sunday. Meena at the Western Coal Fields headquarters here told reporters that Coal India will install integrated solar […]