Page 10 - Coal India

Neutralising negative growth, Coal India poised for output ramp-up

State-owned Coal India Ltd (CIL) for the first time in the current fiscal on October 20 neutralised the negative growth in coal production for the year

Modi govt to ask Coal India, NTPC among others for cash via buybacks

Coal India Ltd., NTPC Ltd., NMDC Ltd., MOIL Ltd., KIOCL Ltd, and Engineers India Ltd. are among the eight companies that might be asked to buy back shares this year

Coal India subsidiaries to have autonomy in base e-auction price from Nov

Coal India subsidiaries will have autonomy in fixing the base price for e-auction coal from November depending on demand, sources said on Monday.

CIL coal supply to power sector drops 10% in 1st half of FY21 to 198 MT

The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the country

Centre asks at least eight state-run companies to consider buybacks: Report

"Buyback is an important tool in our strategy and it helps in building market price," the second source, who also spoke on condition of anonymity, said

Coal India announces Rs 1,700 cr performance-linked reward to employees

This is linked to the attendance of the employees during the period, Coal India (CIL) said in statement.

Health Minister lauds CIL's initiative in treatment of Thalassemia patients

Union Health Minister Harsh Vardhan lauded state-owned CIL for its initiative to treat underprivileged thalassemia patients below 12 years through bone marrow transplant, the coal behemoth said

Vardhan launches 2nd phase of CSR initiative for thalassemic patients

Union Health Minister Harsh Vardhan on Wednesday launched the second phase of a Coal India CSR initiative to provide financial assistance for treatment of underprivileged thalassemic patients. Launched in 2017, the Thalassemia Bal Sewa Yojana is a hematopoietic stem cell transplantation (HSCT) programme that aims to provide a one-time cure opportunity for haemoglobinopathies like thalassaemia and sickle cell disease for patients who have a matched family donor. The CSR initiative was targeted to provide financial assistance to a total of 200 patients by providing a package cost not exceeding Rs 10 lakh per HSCT. Vardhan congratulated the doctors of SGPGI Lucknow, PGI Chandigarh, AIIMS Delhi, CMC Vellore, Tata Medical Centre in Kolkata and Rajeev Gandhi Cancer Institute, Delhi for the successful transplantation of 135 children without charging any physician fee, according to a Health Ministry statement. "Data on the prevalence of silent carriers for various haemoglobinopathies show

Coal India sees 65% spike in e-auction bookings at 41 mn tonnes

The special categort e-auction launched in July is part of the company's efforts to bring down coal imports

Sustainability of strong September quarter show crucial for Coal India

Apart from volume growth concerns, low e-auction prices and ongoing coal block auctions are weighing on sentiment

Coal India, NTPC 'break the jinx', report growth in Q2 as industries resume

Growth in power demand remains in negative though it is picking up coronavirus-related restrictions are eased: NTPC.

Coal India production increases by 31.6% at 40.51 MT in September

State-owned CIL on Thursday said it produced 40.51 million tonnes (MT) of coal in September, registering a growth of 31.6 per cent over the same month last year. Coal India (CIL), which accounts for over 80 per cent of domestic coal output, had produced 30.78 MT of the dry fuel in September 2019. "Coal production at 40.51 MT in September'20, surged ahead by a robust 9.73 MT increase in absolute terms, compared to 30.78 MT in September'19, the growth being 31.6 per cent," CIL said in a statement. For the first time in the current fiscal, growth was in double digits, with all CIL subsidiaries showing an increase. "Now that we broke the growth jinx in output and off-take, which were weighed down by the pandemic-induced slowdown, we expect to better our performance in the ensuing months. "We aim to reclaim as much of the lost ground as possible during the rest of the fiscal," a senior official of the company said. "Generally, the H2 performance is higher in terms of production and ..

Hydrogen CNG, bio gas and methanol the new faces of automotive fuel

These newer energy sources aren't only diversifying the automotive fuel basket for India but can help in reducing emission to an extent

CIL finalises Rs 5,900 cr heavy machinery contracts to bolster production

Early this year, the company had said it was looking at spending around Rs 7,000 crore on heavy equipment to bolster production

States to approve land acquisition process for private coal miners

States had protested that the Centre was breaching their rights to approve land acquisition for private coal miners

Coal India falls 12% in September on weak June quarter results

The continuing COVID-19 pandemic has impacted the firm's business adversely

CIL output may fall below 600 MT in FY21 on sluggish demand: Analysts

The miner could end the current year with the production of around 580 million tonnes of coal as against its revised target of 650-660 million tonnes, they said

Coal import drops 35% in Aug on low demand from power, cement sector

Of the total imports in August, non-coking coal''s shipment was at 8.87 MT and coking coal at 2.18 MT

NLC India to roll out power, mining projects worth over Rs 43,000 crore

The company signed a JV agreement with Coal India Ltd (CIL) to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027

Despite soft performance in June quarter, worst behind for Coal India

With the lockdown impacting the economy, coal demand from power producers and other industries suffered, too