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Tenders floated for CIL's 135 km east-west rail corridor
Thu, Sep 24, 2020
Coal India Ltd (CIL) on Thursday said two large value tenders have been floated to construct 135 km east-west rail corridor at an estimated cost of Rs 4,970 crore in Chhattisgarh through an SPV. The railway line on completion will have capacity to evacuate 65 million tonnes (MT) of coal from the opencast mines of CIL arm South Eastern Coalfields Ltd (SECL), CIL said in a statement
Coal India boosts supplies to power plants by 14% in April
Sun, May 06, 2018
Coal supplies to the power sector from CIL in April 2017 were 35.20 million tonnes (MT). "The volume increase was 5.1 MTs," the official said. CIL has gradually improved coal stocks at power plants to around 16 MT as of April 30 from that of a little over 7 MT six months ago, the official added
Coal additional secy Suresh Kumar likely to be acting chairman of Coal India
Fri, Apr 20, 2018
The government last year began the hunt for a full-time CMD of CIL and invited applications from professionals from PSUs as well as the private sector.
CIL looking to buy stakes in overseas coking coal mines
Wed, Dec 20, 2017
In a written reply to Lok Sabha, Coal Minister Piyush Goyal said, "CIL (Coal India) is pursuing available opportunities for buying equity stakes in coking coal mines abroad."
Coal India's output target likely to be set at 660 million tonnes for FY18
Fri, Jan 06, 2017
State-owned Coal India Ltd's (CIL) production target may be set at 660 million tonnes (MT) for the next fiscal. "Coal India's production is likely to be set at 660 million tonnes (MT) for 2017-18," an official said.
Coal India allocates 30% less coal under spot e-auction in November
Sun, Jan 01, 2017
State-owned CIL allocated 3.1 million tonnes of coal under spot e-auction in November 2016, down 29.5% from the year-ago period. The decline comes amid government's goal of securing availability of coal to meet the demand of various sectors including power.
7 among top 10 companies lose Rs 44,928 crore in m-cap; SBI worst-hit
Sun, Dec 25, 2016
Seven of the 10 most valued companies took a combined hit of Rs 44,928 crore in their market valuation last week, with State Bank of India (SBI) reporting maximum losses, even as the benchmark Sensex lost 1.69%.
Six of top 10 companies take Rs 38,221 crore hit in mcap; CIL loses most
Sun, Dec 18, 2016
Six of 10 most valued companies took a combined hit of Rs 38,221 crore in their market valuation last week, with Coal India Ltd (CIL) bringing up the maximum losses, as the benchmark Sensex lost nearly 1%.
Coal India completes Rs 3,650 crore buyback of equity shares
Sun, Oct 30, 2016
State-run Coal India on Saturday said it has completed buyback of equity shares worth Rs 3,650 crore. The buyback, which opened on October 3 this year, closed on October 18 and the total number of shares brought back was 10.89 crore at a price of Rs 335 per share.
ITC, 8 others take hit of Rs 57,065 crore in market valuation
Sun, Oct 02, 2016
Combined market valuation (m-cap) of 9 of the top 10 most valued Indian companies plummeted by Rs 57,065.11 crore last week, with ITC taking the sharpest hit.