Coal India to invest $20 billion in 5 years: Goyal

Last Updated: Friday, May 15, 2015, 15:24

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.

Coal India yet to sign fuel pacts for 4,000 MW

Last Updated: Friday, May 15, 2015, 15:03

Coal India, which accounts for over 80% of the domestic coal production, missed the output target for 2014-15 by 3%.

Mechanism for auction of coal linkages by June-end: Coal Secy

Last Updated: Wednesday, May 13, 2015, 16:53

Linkages are assured supply commitments from Coal India to a company that has an end-use plant and needs fuel to run it.

Coal India registers 10.7% growth in production

Last Updated: Friday, May 1, 2015, 21:28

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.

Further stake sale in Coal India in due course: Goyal

Last Updated: Wednesday, April 29, 2015, 22:52

The government Wednesday said it will go for further stake sale in Coal India in due course to meet the SEBI guidelines on public shareholding.

Fund raising via OFS climbs 4 times to Rs 27,000 crore

Last Updated: Thursday, April 23, 2015, 17:20

Fund-raising through offer-for-sale (OFS) mechanism surged nearly four times to a staggering around Rs 27,000 crore in 2014-15, riding mainly on the mega share sale of Coal India (CIL).

Coal India draws logistics strategy to push coal evacuation

Last Updated: Sunday, April 19, 2015, 16:08

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.

ECL tops production, offtake among Coal India subsidiaries

Last Updated: Thursday, April 16, 2015, 10:24

Eastern Coalfields has topped among the eight subsidiaries of Coal India in terms of production and offtake targets for the year 2014-15.

Modi's coal turnaround to ease India''s chronic power cuts

Last Updated: Thursday, April 16, 2015, 04:54

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.

CIL's arm gets green nod for 2 coal projects in Maharashtra

Last Updated: Wednesday, April 15, 2015, 19:03

Coal India's subsidiary Western Coalfield Ltd has been accorded environmental clearances for expansion of its two coal mining projects in Maharashtra at an estimated investment of about Rs 181 crore.