Cancelled JSPL, Balco mines given to Coal India
The government on Monday is believed to have alloted the three cancelled coal blocks, for which JSPL and Balco had emerged as the highest bidders in the recently concluded auctions, to state-owned miner CIL.
Mar 23, 2015, 15:35 PM IST
Parliament passes Coal bill
The crucial bill that provides legal framework for auction of coal blocks was passed by Parliament on Friday, replacing an ordinance that was to expire on April 5.
Mar 20, 2015, 19:03 PM IST
Rajya Sabha passes Coal Bill
The Rajya Sabha on Friday passed the Coal Bill which will replace the Ordinance promulgated in December last year.
Mar 20, 2015, 17:15 PM IST
CIL to give tentative timelines for auction of coal linkages
State-owned Coal India Ltd has been asked to auction annual coal quantities it sells to users like power plants, through a transparent process.
Mar 19, 2015, 20:30 PM IST
Examining request of Coal India to withdraw from ICVL: Govt
Government on Thursday said it is examining the request of state-owned CIL to withdraw from International Coal Ventures Ltd.
Mar 19, 2015, 17:33 PM IST
Coal India shares fall over 3% on BSE; pares losses on NSE
Shares of Coal India closed sharply down by 3.89 percent at Rs 379.35 on massive selling by investors as the stock went ex-dividend Tuesday.
Mar 03, 2015, 17:54 PM IST
CIL shares tank nearly 6%; top loser on Sensex
The stock fell by 5.68 per cent to Rs 372.25 on the BSE. The blue-chip scrip was the biggest loser among the 30-Sensex constituents.
Mar 03, 2015, 12:15 PM IST
Coal India to invest in Odisha power project
Coal India Ltd (CIL) Tuesday said it is setting up two thermal power plants of 800 MW each at Sundergarh in Odisha through its subsidiary Mahanadi Coalfields Ltd (MCL), investing Rs.11,363.18 crore for the project.
Feb 24, 2015, 16:55 PM IST
Coal India board directs PSU to withdraw from ICVL
State-owned CIL on Tuesday said its board has directed the PSU to withdraw from International Coal Ventures Ltd.
Feb 24, 2015, 14:55 PM IST
Coal India to spend Rs 12,000 crore in FY16 for capex, infra
State-owned Coal India (CIL) on Friday said it is gearing up to invest about Rs 6,000 crore towards capital expenditure in the next fiscal and an equal amount on augmenting other infrastructure, including rail connectivity.
Feb 20, 2015, 23:20 PM IST
Coal India Q3 net profit falls 16% to Rs 3,262 crore
State-owned Coal India on Thursday reported a 16.2 percent drop in its consolidated net profit at Rs 3,262.49 crore for the quarter to December, hit by higher expenses.
Feb 12, 2015, 21:35 PM IST
Coal India plans 2 SPVs in Odisha for speedy fuel evacuation
These SPVs would be mainly for constructing additional lines, sidings for evacuating coal from the CIL mines in Odisha, the state-run miner said in a filing to the BSE.
Feb 07, 2015, 19:12 PM IST
Output to decline from existing mines: Coal India
State-owned CIL has projected a drop in output from the existing mines over the next five years even as it prepares to meet the government target of about 1 billion tonne coal production by March 2020.
Feb 06, 2015, 15:24 PM IST
Power projs to continue to get temporary linkages from CIL
Coal India (CIL) will continue to provide tapering linkages to those power plants whose coal blocks were cancelled by the Supreme Court recently.
Feb 04, 2015, 21:45 PM IST
In CIL stake sale LIC bought almost 50% of shares on offer
Country's largest insurer LIC picked up almost half of the shares on offer in the Coal India's Rs 22,558 crore disinvestment, once again coming in to ensure success of a government stake sale.
Feb 02, 2015, 17:34 PM IST
Coal India January output at 46.6 MT, misses target by 7%
CIL also missed its output target of 403.56 MT for the first 10 months of the current fiscal and produced 388.98 MT of coal during April-January period.
Feb 02, 2015, 15:29 PM IST
Coal India production jumps 6%, focus on evacuation
"Evacuation is growing at 3.5 percent while, production is growing at more than 6.7 percent till January 6 this year. Unless there is evacuation, what is the point in production," Coal India Chairman Suthirtha Bhattacharya said.
Feb 01, 2015, 10:26 AM IST
CIL divestment success indicates investor confidence: Goyal
Coal Minister Piyush Goyal on Friday said the success of 10 percent stake sale in Coal India, which raised about Rs 22,600 crore, reflected the investors' confidence in the government's ability to usher in reforms.
Jan 30, 2015, 23:49 PM IST
Trade unions protest against Coal India stake sale
Five trade unions operating in the coal sector on held demonstrations to protest against the Coal India disinvestment.
Jan 30, 2015, 20:47 PM IST
CIL down 4% as floor price for stake sale set at a discount
Stocks of Coal India ended nearly 4 percent lower in the wake of the floor, or the minimum offer, price for the company's share sale being set at a discount.
Jan 30, 2015, 19:19 PM IST
