Govt to put 8 coal mines on block post 3rd round of auction

Last Updated: Wednesday, June 24, 2015, 14:27

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.

Coal India now sixth-largest mining company in world: PwC

Last Updated: Sunday, June 14, 2015, 15:51

The decline in market value in 2014 was driven largely by iron ore miners, in particular the diversified companies with large exposure.

CIL may exceed production target by 60 mt this year: Coal secy

Last Updated: Tuesday, June 9, 2015, 19:39

Coal India is likely to increase its production by over 60 million tonne in the current financial year on account of measures taken by the state-run firm, a senior government official said Tuesday.

Coal India misses May production target by two percent

Last Updated: Friday, June 5, 2015, 20:28

The targeted output for the month was set at 41.78 million tonnes (mt).

Goverment talks of contingency plan to tackle power woes

Last Updated: Wednesday, June 3, 2015, 16:15

"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.

Asian coal prices lifted by tightening markets in China, India

Last Updated: Wednesday, June 3, 2015, 15:24

The firms raised prices of lower-grade coal by 10 yuan per tonne in mid-May, anticipating a surge in demand for power over the summer.

Coal India pit-head stocks swell ahead of peak demand

Last Updated: Tuesday, June 2, 2015, 17:19

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.

Coal India's pithead stock rises to 49 MT

Last Updated: Sunday, May 31, 2015, 12:29

The PSU's pithead stock at the end of FY 2014 fiscal was 46 MT, an official had earlier said.

Coal India to invest Rs 5000 cr to procure railway wagons

Last Updated: Thursday, May 28, 2015, 22:49

Coal India will invest Rs 5,000 crore in the Railways to procure wagons for speedy transportation of coal.

Coal India Q4 net profit drops 4.4% to Rs 4,238 crore

Last Updated: Thursday, May 28, 2015, 19:44

State-owned Coal India Thursday reported 4.4 percent decline in consolidated net profit at Rs 4,238.55 crore for the quarter ended March 31, due to higher expenses.

'NTPC, DVC owe Rs 9,000 cr to Coal India India'

Last Updated: Sunday, May 17, 2015, 14:37

Power generation firms like NTPC and Damodar Valley Corporation (DVC) have outstanding dues of around Rs 9,000 crore to state-owned Coal India (CIL).

Pithead stock at CIL mines rises to 53 MT

Last Updated: Sunday, May 17, 2015, 12:48

The pithead stock at Coal India mines increased by 15.2 percent to 53 million tonnes (MT) in the fiscal ended March 31, as the company is facing constraints in evacuation infrastructure.