NEW DELHI: State-run Coal India Ltd is procuring 40 railway rakes for nearly Rs 700 crore with a view to reducing dependence on the Indian Railways or other industrial users with dedicated wagons as the world’s largest coalminer moves towards achieving one billion tonne production-mark by 2026. The CIL board has approved the investment, which […]
Category: Coal
Coal supply to non-power sector up 12% in Q1
NEW DELHI: State-run Coal India has raised fuel supply to non-power consumers by more than 12% to knock off 44% of backlog since April. CIL has been able to focus on non-power industries such as cement and captive power plants because of its success in building up comfortable stockpile at power plants. CIL supplied 34 […]
India’s coal import rises 15% to 24 MT in May
New Delhi, Jun 16 () India’s coal import increased by 14.5 per cent to 24.01 million tonnes (MT) in May this year. The country’s coal import was at 20.96 MT in May 2019, according to a mjunction services report, which is based on monitoring of vessels’ positions and data received from shipping companies. The report […]
Australia state says final approvals for Adani’s coal mine to be decided within three weeks
MELBOURNE: The process to obtain final approvals for Indian energy gaint Adani’s Carmichael coal mine in Australia will be settled within three weeks, the leader of the country’s Queensland state said on Friday as she sought to expedite the controversy-hit project. If given the green light, Adani could begin breaking ground at its Carmichael mine […]
India’s coal import rises 8 pc to 212 MT in Apr-Feb
New Delhi, Apr 7 () India’s coal import increased by 7.8 per cent to 212.11 million tonnes in the April-February period of FY19, a report said. This comes at a time when the government is looking at relaxing the timeline for the 1 billion tonne coal production target it had set earlier for Coal India […]
Coal production at 638 MT during Apr-Feb
New Delhi, Mar 14 () The coal output grew 8 per cent year-on-year to 638.46 million tonne (MT) in the April-February period of the current financial year. The coal production was 591.42 MT during the corresponding period of the previous fiscal, the coal ministry said in a statement. Coal India Ltd (CIL), whose production target […]
Coal scam: ED attaches Rs 36.85-cr assets of MP-based firm
New Delhi, Mar 12 () Assets worth over Rs 36 crore of a Madhya Pradesh-based company have been attached by the ED in connection with a coal blocks allocation scam case, the agency said on Tuesday. It said a provisional order for attachment of properties like land, plant, machinery, office and factory buildings of Kamal […]
Coal India arms CCL, BCCL to contribute Rs 1.75 cr to family of Pulwama martyr Vijay Soreng
New Delhi, Feb 18 () Coal India arms CCL and BCCL Monday announced contributing about Rs 1.75 crore to the family of CRPF jawan Vijay Soreng from Jharkhand who was martyred in Pulwama, Jammu & Kashmir. As many as 40 CRPF personnel were martyred in Pulwama on February 14 when a terrorist rammed an explosives-laden […]
Coal India may go for 1% buyback
KOLKATA: Maharatna behemoth Coal India (CIL) is preparing for a second buyback in two years. The PSU coal giant has informed stock exchanges that a meeting of the company’s board of directors is scheduled on February 4, to consider and approve a buyback of the fully paid up equity shares of the company, having face […]