Stating that the company's board had given only "in principle" approval to the proposal, CIL said that only after getting further clearance from the government, subsequent action would be initiated te
The total coal dispatch including non-CIL coal producing units has been to the tune of 71.77 MT for the entire month of April, registering a growth of 9.39 per cent on a year-on-year basis
During 2020-22, production from the captive mines jumped by 38.5 per cent while CIL saw a tepid growth of 3.4 per cent, according to government data
So far in May, 1,205 rakes allotted to the seven companies of CIL have incurred delays. This is close to a third of CIL's total loading.
The challenge for the companies is how to make the banks finance the projects
In April, state-run Indian Railways supplied 261 trains per day to Coal India for the power industry, the lowest in three months
The situation cries out for more global investment in India to retire coal, buy out existing contracts, compensate affected communities and switch to renewables
On an average, the PSU supplied 1.66 MT of coal per day to power utilities in April which increased to 1.73 MT during last week
At present, the country is witnessing a power crisis on account of coal shortages
Public sector miner Coal India has reported an increase of 27.2 per cent in its output in April 2022 as compared to the year-ago period, coal ministry said on Friday.
The Infosys ADR has declined over 9 per cent in the last two trading session in the US market, while our market was shut for trade, post Q4 results.
The Standing Committee on Coal, Mines and Steel in its report tabled in Parliament said that a huge amount of dues are outstanding from the states and other utilities
The fuel supply by CIL to the power sector peaked to a historic high of 493 million tonnes (MT) as on Thursday in the ongoing fiscal
MOSL expects profitability to recover further in January-March quarter (Q4FY22) led by strong e-auction premiums, which breached the 100 per cent mark after 12 quarters in Jan-Feb.
The approval was given during a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi
According to the Indian Captive Power Producers Association, amid rising energy prices globally, electricity producers will pressurise the government for more domestic coal to fulfill their demand
'The Ministry of Coal held a stakeholder consultation on revenue sharing model for discontinued/closed mines of CIL here today with the private sector,' the statement said
Coal India, accounts for over 80 per cent of domestic coal output, has a production target of 670 million tonnes for the 2021-22 financial year
In an effort to tide over inflationary pressure, the miner will likely raise prices after the assembly elections in five states, including Uttar Pradesh, in March, the sources said
India's coal output stood at 75 million tonnes (MT) in January 2020