Coal Ministry to put 18 additional blocks for sale in 1st phase: Secy
The Coal Ministry will auction or allot 18 more coal blocks in addition to already announced 74 mines for sale in the first lot to meet the growing demand for the fossil fuel.
Dec 04, 2014, 14:01 PM IST
Govt in process of formulating strategies to double CIL output
The government is in the process of formulating strategies to almost double Coal India's output to one billion tonnes over the next five years.
Nov 25, 2014, 16:17 PM IST
Coal India trade unions call off strike in victory for Modi
Coal India holds a monopoly on commercial coal mining, accounting for more than 80 percent of India`s total production.
Nov 23, 2014, 15:21 PM IST
Modi's divide and rule weakens Coal India unions as strike looms
The sale could fetch a third of the government`s $9.5 billion annual divestment target.
Nov 20, 2014, 14:59 PM IST
Coal India signs 161 fuel supply pacts with power plants
The Coal Ministry has said that state-owned CIL has signed 161 fuel supply agreements (FSAs) for a capacity of 73,675 MW.
Nov 10, 2014, 14:47 PM IST
Coal India board ratifies Rs 11,000-cr thermal power foray
Coal India sources said as these projects were treated as regular business and not policy decisions. They were approved despite the absence of independent directors.
Nov 09, 2014, 12:08 PM IST
Coal India Q2 net profit falls by 28% due to higher expenses
Its net profit took a beating as the company's Q2 expenses rose by almost 8 percent as compared to the flat growth in sales in the review period.
Nov 08, 2014, 21:03 PM IST
Govt sees $250 bn investment in energy sector: Goyal
Government is targeting doubling coal production to a billion tonnes in the next five years to meet rising energy demands in the country, Union Minister Piyush Goyal said here today.
Nov 06, 2014, 15:22 PM IST
Disinvestment programme on track, schedule soon: FM
The government's Rs 43,425 crore disinvestment programme is on track and a schedule for sale of stake in state-owned firms will be announced shortly, Finance Minister Arun Jaitley said on Friday.
Oct 17, 2014, 21:28 PM IST
Coal stocks at power plants lowest in 25 years: CEA
According to latest data (October 13) by the Central Electricity Authority, total fuel stocks at 103 coal-based stations have come down to 7.2 million tonnes.
Oct 16, 2014, 14:01 PM IST
Coal India divestment to start after Diwali, says top official
The government is likely to begin its Rs 43,425-crore divestment programme with the sale of 10 percent stake in Coal India post-Diwali which may fetch around Rs 23,000-crore to the exchequer.
Oct 08, 2014, 14:40 PM IST
Coal imports surge in Sept on weak prices, low stocks
More than half of India`s power plants had only enough coal to run uninterrupted for less than a week as of Sept. 29 due to lower output from state-owned Coal India - the worst stock level since a crippling blackout in 2012.
Oct 07, 2014, 14:44 PM IST
Swachh Bharat: PSUs to construct 50,000 toilets across the country
As part of the Swachh Bharat campaign, PSUs like Coal India and NTPC will construct 50,000 toilets in schools across the nation in a year.
Oct 02, 2014, 12:29 PM IST
FinMin opposes coal to power plants not having FSA
The Finance Ministry has opposed a proposal to supply domestically produced coal to power plants that do not have a fuel supply agreement (FSA) saying it will not be prudent for Coal India Ltd to make further commitments when it is unable to meet existing ones.
Sep 26, 2014, 18:32 PM IST
CIL invites bids for consultancy on its underground mining
State-owned Coal India (CIL) has invited bids from both global and domestic companies for providing consultancy for study on underground coal mining in the PSU.
Sep 26, 2014, 14:36 PM IST
Model pact for developing CIL mines under PPP in final stage
The model contract agreement on public-private partnership mode for developing Coal India mines is in the final stage of approval.
Sep 12, 2014, 19:31 PM IST
No independent director on Coal India board
State-run Coal India has no independent director on its board after shareholders did not approve the appointments of the remaining three -- R N Trivedi, Noor Mohammad and Indranil Manna -- who were brought in by the previous UPA regime.
Sep 11, 2014, 22:02 PM IST
ONGC, Coal India, NHPC fall on nod for share sale
Meanwhile, in the stock market the benchmark Sensex settled at 26,995.87, down 61.54 points.
Sep 11, 2014, 18:16 PM IST
Govt clears stake sale in CIL, ONGC, NHPC; may get Rs 43k cr
The government has missed its disinvestment target for five consecutive financial years.
Sep 10, 2014, 20:26 PM IST
Retail shareholders ask CIL mgmnt to ensure minority interest
Retail shareholders of Coal India on Wednesday asked the CIL management to take decisions to ensure interests of minority stakeholders.
Sep 10, 2014, 20:23 PM IST
