Govt clears 11.36% stake sale in NHPC, may get Rs 2,800 cr
In the current fiscal, the government plans to mop up Rs 43,425 crore from selling its stakes in PSUs.
Sep 10, 2014, 20:21 PM IST
Govt clears 5% stake sale in ONGC, may garner Rs 18K cr
The government had last sold 5 percent stake in ONGC in 2012 for Rs 14,000 crore.
Sep 10, 2014, 20:18 PM IST
CCEA clears disinvestment proposals of ONGC, Coal India, NHPC
The government holds a 89.65 percent stake in CIL.
Sep 10, 2014, 18:59 PM IST
CCEA may approve Coal India disinvestment today
The Cabinet Committee on Economic Affairs (CCEA) is likely to approve disinvestment of Coal India Ltd Wednesday which may fetch the exchequer Rs 22,000 crore.
Sep 10, 2014, 14:38 PM IST
Coal India assessing reserves of Mozambique mines
As part of the drive to ramp up production, Coal India Ltd is assessing the reserves at its twin mines in Mozambique.
Sep 08, 2014, 18:03 PM IST
Efforts on to resolve 'work to rule' notice from workers: CIL
Coal India has said efforts are on to resolve the issue of two-day 'work-to-rule' notice served by its five major trade unions.
Sep 05, 2014, 19:14 PM IST
Govt may consider auctioning 8 coal blocks
The government may consider auctioning eight coal mines which have reserves of 1,773 million tonnes (MT) and are located in Chhattisgarh, West Bengal, Jharkhand and Maharashtra.
Sep 04, 2014, 14:57 PM IST
Coal Ministry seeks comments from ministries on CIL pay issue
The Coal Ministry has sought comments from various ministries, including finance, on the draft Cabinet note for implementation of performance related pay of Coal India Ltd employees, aimed at removing anomalies in salaries and wages of nearly 19,000 CIL officers.
Sep 03, 2014, 15:28 PM IST
CoalMin asks CIL for note on expediting extraction from mines
The development comes at a time when the country is facing acute coal shortages.
Aug 29, 2014, 14:18 PM IST
India's coal crunch - a chance to revamp, reallocate and revive
A Supreme Court ruling this week that India`s decades-old method of granting coal mining concessions is illegal could herald much-needed reforms in a sector long dogged by the inability of state-run Coal India to raise output fast enough.
Aug 27, 2014, 17:03 PM IST
PowerMin moves Cabinet note to ensure coal supply for plants
The Power Ministry has moved a draft Cabinet note to ensure coal linkages for power projects which are already commissioned or are likely to be commissioned by March.
Aug 26, 2014, 14:09 PM IST
Lukewarm interest for coal imports from CIL
Several coal consumers who previously expressed interest in receiving imported coal from Coal India have gradually pulled out, sources said.
Aug 24, 2014, 18:32 PM IST
SAIL-RINL-NMDC to form SPV to buy Rio Tinto Mozambique assets
Consortium members of International Coal Ventures Ltd - SAIL, RINL and NMDC - will form a special purpose vehicle to buy Rio Tinto's Mozambique coal mines as other partners NTPC and Coal India are not keen on taking part in ICVL's maiden deal announced last month.
Aug 17, 2014, 21:26 PM IST
Coal India misses output target in July
The development comes at a time when the Maharatna firm is drawing flak from across the quarters for missing its output targets.
Aug 04, 2014, 14:28 PM IST
Some Coal India mines may be run by foreign firms: Goyal
Goyal said that the government had approved 15 projects for Coal India, with total combined annual capacity of 136 million tonnes.
Jul 31, 2014, 19:48 PM IST
Action initiated to fill CIL's CMD post at earliest: Goyal
The CMD's post has been lying vacant at CIL since the resignation of Narsing Rao in June.
Jul 31, 2014, 15:22 PM IST
Govt asks Coal India to cut e-auction volume
The Coal India Board will be holding a meeting on August 12 to discuss the possibility of lowering e-auction quantity.
Jul 28, 2014, 14:40 PM IST
Coal India yet to sign fuel supply pacts with 12 power units
Tapering linkage is short-term fuel linkage provided to those consumers who have been allocated captive coal blocks but which could not be developed on time.
Jul 27, 2014, 10:30 AM IST
NTPC power plants have 2 days of coal stock left; Govt steps in
As electricity demand peaks due to sub-normal monsoon, state-owned NTPC has warned that power plants are running on very low coal stock of less than two days, prompting government to take steps to fix the crisis.
Jul 17, 2014, 15:25 PM IST
'Strict mechanism being put in place to control coal quality'
Adequate coal will be provided to power plants as extensive measures to augment domestic output and a strict mechanism to control the fuel quality are being put in place to end the impasse in the sector, the government said Thursday.
Jul 10, 2014, 16:41 PM IST
