Coal India

CLOSING BELL: The broader markets, meanwhile, bled more with the BSE SmallCap index sliding nearly 3 per cent, and the BSE MidCap index falling close to 2 per cent

CLOSING BELL: The S&P BSE Sensex traded in a broad range of 921 points on Thursday as it hit a high and low of 54,346 and 53,425, respectively

The company's consolidated revenue from operations rose 22% to Rs 32,707 cr in Q4FY22

Stocks to Watch: At 7:30 am, the SGX Nifty futures were quoting around 100 pts up at 16,100 levels. That said, the markets may exhibit volatility today on account of the monthly F&O expiry.

Until May, so far, CIL production is at 26.35 mt, 34.44 per cent more than the production during the same period last year

Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching capacity of 50 million tonnes in about 5 to 7 years, Vinayak Jamwal, Mahanadi Coalfields spokesman said

The Union Ministry of Power recently asked six states to clear their dues to power generating stations and national miner Coal India (CIL).

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India had asked utilities to import 10% of its total requirement to blend with local coal as demand was outstripping supply

Daily shortage of 25 rakes from May 1-7, says an insider; Railways refutes charge

New investors are better off picking diversified offerings

Inventories at Indian power plants fell 13% in April despite a 27.6% growth in Coal India's production, as a heatwave sent power demand soaring to a record high.

The watchdog as a matter of policy does not make public details of its ongoing price cartel investigations, or raids

India's total coal production in FY22 was 777.02 million tonnes, up by 8.5 per cent from 716 million tonnes in FY21

The government is moving ahead with a proposal to merge Coal India arm CMPDI with the Mineral Exploration and Consultancy Ltd (MECL) and will prepare a cabinet note on the same. Central Mine Planning & Design Institute Ltd (CMPDI) is the planning and design arm of Coal India Ltd (CIL). The mines ministry, in a letter to the CMDs of MECL and CMPDI, sought details such as profitability, turnover, current order books and current position of manpower of the companies in preparation of the merger. The government "has approved the merger of MECL and CMPDI. In order to work out the modalities for preparation of the cabinet note, the... information may be provided to the Ministry of Mines," the official memorandum said. The information sought also includes the authorised capital and paid up capital, details of assets, establishments and valuation, among others. In a letter to Coal Minister Pralhad Joshi, All India Association of Coal Executives (AIACE) Principal General Secretary P K ...

User industries like metals, cement as well as merchant power producers without captive coal mines likely to feel the heat

The capex boost of Coal India was to catalyse the output growth and align it with evacuation outlets.

Coal India is restricting deliveries to industrial consumers to prioritise power plants, with fuel stockpiles already below target levels and the country heading into a traditional summer demand peak

Coal output and offtake targets are pegged at 700 MTs for FY23

Coal India told Reuters that its supplies to the non-power sector were in line with its average over the "past few years", without elaborating