Govt to put 8 coal mines on block post 3rd round of auction
The government will put on the block eight more mines after 10 mines are auctioned in the third phase, for which the process has already begun, a top official on Wednesday said.
Jun 24, 2015, 14:27 PM IST
Coal India now sixth-largest mining company in world: PwC
The decline in market value in 2014 was driven largely by iron ore miners, in particular the diversified companies with large exposure.
Jun 14, 2015, 15:51 PM IST
Coal India misses May production target by two percent
The targeted output for the month was set at 41.78 million tonnes (mt).
Jun 05, 2015, 20:28 PM IST
Goverment talks of contingency plan to tackle power woes
"Today, we have stocks which can run these power plants for almost 20-22 days continously...," the minister said, adding that the buffer stock has been built up.
"Power plants are ready to produce more. They have sufficient capacity in the system. Sufficient contingency plans have been drawn up," the minister said.
Coal India pit-head stocks swell ahead of peak demand
Coal India has mined enough coal to be able to meet the needs of power plants for the next 40 days, Coal Secretary Anil Swarup said, a comfortable stocks position for a country used to summer blackouts and large imports of the fuel.
Jun 02, 2015, 17:19 PM IST
Coal India's pithead stock rises to 49 MT
The PSU's pithead stock at the end of FY 2014 fiscal was 46 MT, an official had earlier said.
May 31, 2015, 12:29 PM IST
Coal India to invest $20 billion in 5 years: Goyal
State-owned miner Coal India Limited (CIL) will invest USD 20 billion (over Rs 1.27 lakh crore) to increase production to one billion tonne over the next five years, Coal Minister Piyush Goyal said on Friday.
May 15, 2015, 15:24 PM IST
Coal India yet to sign fuel pacts for 4,000 MW
Coal India, which accounts for over 80% of the domestic coal production, missed the output target for 2014-15 by 3%.
May 15, 2015, 15:03 PM IST
Mechanism for auction of coal linkages by June-end: Coal Secy
Linkages are assured supply commitments from Coal India to a company that has an end-use plant and needs fuel to run it.
May 13, 2015, 16:53 PM IST
Coal India registers 10.7% growth in production
Coal India has begun FY 2015-16 on a strong note with a record production during April at 41.52 million tonnes, 101 per cent of target production.
May 01, 2015, 21:28 PM IST
Coal India draws logistics strategy to push coal evacuation
PSU behemoth Coal India, which is facing constraints in evacuation infrastructure, is planning to realign its logistics management of railway rakes to increase evacuation by additional 5-8 per cent.
Apr 19, 2015, 16:08 PM IST
Modi's coal turnaround to ease India''s chronic power cuts
Fewer power cuts are likely in India this summer after a surge in output at Coal India helped generators amass record stocks, a turnaround for Narendra Modi who had to battle a power crisis within months of becoming prime minister last May.
Apr 16, 2015, 04:54 AM IST
Odisha rail project for coal likely to complete by 2017: CIL
Coal India on Monday said the critical Jharsuguda-Barpali railway link project in Odisha to facilitate faster transportation of coal is likely to be completed by 2017.
Apr 13, 2015, 20:19 PM IST
'Further Coal India share sale possible'
Aradhana Johri, divestment secretary at the ministry, did not specify any time-frame for the share sale in the company, which is nearly 80 percent owned by the government.
Apr 13, 2015, 10:32 AM IST
Transparent coal auctions appreciated: Piyush Goyal
Power and coal minister Piyush Goyal on Thursday said the transparent coal auction process was being appreciated the world over and it was a new beginning in the development history of the country.
Apr 09, 2015, 15:22 PM IST
Electrosteel Castings hands over coal block to CIL arm
Electrosteel Castings on Wednesday said that it has handed over Parbatpur coal block in Jharkhand along with other assets to BCCL, a subsidiary of Coal India.
Apr 08, 2015, 20:56 PM IST
Sensex gains 191 points to rise to a 3-week high; RIL, CIL surge
The Sensex opened higher at 28,601.49 and traded in a wide range of 28,763.06 to 28,566.61 before finishing at 28,707.75, showing a gain of 191.16 points of 0.67 percent.
Apr 08, 2015, 17:13 PM IST
Coal India misses production target for FY'15 by 3%
The company's output target was 507 million tonnes for the fiscal, Coal India said in a filing to the BSE. In the financial year 2013-2014, the company had clocked production of 462.53 million tonnes of coal.
Apr 03, 2015, 15:56 PM IST
CIL may surpass 1 bn tonne production target by 2020: Goyal
With the production of thermal coal on the rise, the government is hopeful that state-owned Coal India will surpass its one billion tonne excavation target by 2020.
Mar 26, 2015, 13:51 PM IST
Govt likely to set 550 MT production target for Coal India
The government is likely to set production target of 550 million tonnes (MT) for Coal India for next financial year even as it is likely to miss the goal for the current fiscal.
Mar 24, 2015, 14:21 PM IST
