Page 3 - Coal India Limited

Coal India's fuel allocation through spot e-auction rises 43% in FY21

State-owned CIL allocated 42.51 million tonne of coal in 2020-21 under spot e-auction scheme, registering a year-on-year increase of 42.5 per cent

Coal India records all-time high capex of Rs 13,115 crore in FY'21

Coal India on Thursday said its capital expenditure (capex) grew more than two-folds to hit an all-time high of Rs 13,115 crore in the just concluded fiscal

Coal India arm MCL registers record production, dispatch in FY21

MCL, a subsidiary of Coal India Ltd, on Friday said it has posted a record production of 148.01 million tonne

Expansion in newer business will reduce funding dependence: Coal India CMD

Competition from private players is not a worrying factor for CIL. Their role will be complementary to ours, said Pramod Agarwal

Coal India approves 32 mining projects worth Rs 47,000 cr this fiscal

24 are expansion projects, eight are greenfield; combined incremental peak capacity is projected at 193 MTPA

Coal quality and quantity issues surface again; CIL denies grade slippage

Close to half a dozen states and NTPC have written to the ministry of power, complaining against discrepancy in coal quality and the billed amount

Govt assures Coal India of 'full support', stresses learning 'new things'

Coal Minister Pralhad Joshi on Thursday assured Coal India of full government support

Coal demand to rise in post-Covid era, must scale up production: CIL chief

The Maharatna PSU will cross the 650 million tonne production mark during the 2020-21 financial year, he said

Coal India to end this fiscal with highest-ever quantity of auctioned coal

Increased volumes of coal under e-auction have also bolstered the sales revenue of CIL

CIL to construct 21 railway sidings at cost of Rs 3,370 crore

Coal India said it is constructing 21 railway sidings at an estimated investment of Rs 3,370 crore in four of its subsidiaries

Covid impact: Coal India to diversify into non-coal mining areas in 2021

CIL is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel remained muted for most of this year

Coal India plans to substitute 80-85 mt of imported coal in current fiscal

Coal India Ltd is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal

CIL issues tenders worth Rs 12,500 cr for transporting 406 mn tonnes coal

Each of the mining projects have production capacity of 4 MTPA and above. The expenditure would be met out of the company's capex

Coal India is bleeding but govt keeps pressuring to declare large dividends

Since September 2018, CIL's cash reserves have fallen over 17 per cent to Rs 28,446.83 crore

Coal India production rises by 18% to 47 million tonnes in October

State-owned CIL on Sunday said that it produced 46.8 million tonnes (MT) of coal last month, registering a growth of 18.4 per cent.

Coal India to invest over Rs 1.22 trillion by 2023-24: Coal minister

CIL will pump in over Rs 1.22 trn on projects related to coal evacuation, exploration and clean coal technologies by 2023-24, to achieve 1 bn tonnes of fuel output target, Coal Minister said

Coal India seeks 15% concession from railways for coal transportation

Out of 126 coal-based thermal plants linked with CIL, 14 plants located over 1,400 km distance are eligible for the freight concession presently.

Jharkhand to get Rs 18,889 cr revenues from coal mined by CIL in next 4 yrs

The state earned almost Rs 4,000 crore every year during the last four years, that is around Rs 16,000 crore, he added

Decline in order inflow at L&T does not augur well for capital goods sector

Even though it was better than what analysts had expected, it still paints a bleak picture.

Energy pricing: Centre may allow Chinese miners to bid in coal auctions

The first of a two-part series analyses how price signals have been planned in coal sector reforms