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Coal India Ltd (CIL) News
Coal India Ltd (CIL)
SECL crosses 150MT coal production in 2018-19 fiscal
Fri, Mar 29, 2019
SECL chairman and managing director A P Panda has taken all steps to expedite coal production as a result of which the SECL also touched the highest ever single day production of 7.44 lakh tonnes in this month,
Coal India Share Buyback 2019: World's largest coal producer's buyback offer closes March 15; Key points to know
Sun, Mar 03, 2019
Coal India is repurchasing its shares worth Rs 1,050 crore as announced earlier. The company plans to buy back 4,46,80,850 shares, which is equal to its 0.72 per cent stake at Rs 235 per share.
Protests may derail MCL's production target for FY19
Sun, Feb 24, 2019
"Till February 19 in the current fiscal, a total of 6,051 hours of production has been lost due to the protests. And with the elections nearing, such politically motivated disruptions are expected to rise," an MCL source told PTI.
Coal projects worth Rs 11,000 cr facing delays, Modi govt seeks report from CIL, NLCIL
Sun, Jan 20, 2019
"At a recent meeting to review coal projects costing more than Rs 500 crore and 3 million tonnes, Secretary Coal Sumanta Chaudhuri sought exception report from Coal India Ltd (CIL) and NLC India and asked them to identify reasons behind delay ," a Coal Ministry official said.
Coal India stake sale: This is who lapped up offer
Thu, Nov 01, 2018
The Centre, which holds 78.32% in the state-owned coal miner, is looking to sell 18.62 crore or 3% of equity shares to institutional and retail investors, with an option to sell an additional 37.24 crore or 6% of equity shares through a greenshoe option.
Coal India Q1 profit up 61 pc at Rs 3,786 cr
Sat, Aug 11, 2018
Coal India Ltd (CIL) today posted 61.07 per cent jump in consolidated net profit at Rs 3,786.44 crore for the June quarter of 2018-19 financial year.
Competition Commission imposes Rs 591 crore penalty on Coal India
Sat, Mar 25, 2017
"CCI has imposed a penalty of Rs 591.01 crore upon CIL for the abusive conduct," it said.
Coal India arm not to proceed with Rs 1,002-cr buyback plan
Sat, Mar 11, 2017
The equity shares proposed to be bought back by CCL represent 5.54% the total number of equity share capital in the paid up share capital of CCL, the company had said.
Coal minister says no value in splitting Coal India
Fri, Dec 02, 2016
Power and coal minister Piyush Goyal said there was no value in splitting up India`s biggest coal producer Coal India Ltd .
Coal India to set up 600 MW solar plants in 4 states
Sun, Sep 04, 2016
"In the first phase, CIL is going to set up 2x100 MW solar power plants in the state of Madhya Pradesh. In the second phase CIL is going to develop a capacity of 600 MW in the solar parks of Madhya Pradesh, Chhattisgarh, West Bengal and Maharashtra for which NIT has already been floated by SECI," the coal major said in its annual report.
Coal dispatch by CIL up at 131 million tonnes in April-July
Fri, Aug 26, 2016
Dispatch of coal by Coal India to the power sector went up 1.1% to 131.1 million tonnes (MT) in the April-July period of this fiscal even as the public sector unit (PSU) workers announced to go on a nationwide day-long strike next week.
Coal India workers to go on nationwide strike on September 2
Sat, Aug 20, 2016
Coal India workers will go on a nationwide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.
Coal India to spend Rs 3650 crore on share buyback; stock falls
Tue, Jul 12, 2016
The state-run company announced that around 10.89 crore shares will be buyback at Rs 335 per share.
Coal India's June output rises nearly 43 MT; misses target
Sun, Jul 03, 2016
Coal India Ltd (CIL), the largest coal miner in the world, had achieved a production of 42.72 million tonnes (MT) in June this year as against a target of 43.31 MT for the month.
WATCH: Top 5 stories this afternoon; From markets updates to Liquid Telecom to buy Tata Communications' Neotel
Tue, Jun 28, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories this afternoon: 1. Markets range bound, FMCG, Infra up
CIL's Mahanadi Coalfields, Northern Coalfields to buyback shares worth nearly Rs 1,900 crore
Mon, Jun 13, 2016
Coal India's two subsidiaries Mahanadi Coalfields and Northern Coalfields will buyback total shares worth around Rs 1,978 crore from their shareholders.
CIL's coal price hike to push power tariff by 8-10%, says Tata Power
Sun, Jun 12, 2016
"Coal price has increased from 13% to 19%. So the minimum increase that will happen, will be 13% for thermal," Tata Power CEO and Managing Director Anil Sardana told PTI in an interview.
Coal imports down 19% to 16 million tonnes in May
Sun, Jun 12, 2016
Imports in May last year stood at 20.29 million tonnes, according to mjunction services, an online procurement and sales platform jointly floated by Steel Authority of India Ltd (SAIL) and Tata Steel.
Coal India's May output rises nearly 43 MT; misses target
Wed, Jun 01, 2016
Coal offtake in May was lower at 45.53 MT than the targetted level of 50.90 MT for the month.
Coal India's Q4 net profit rises up marginally to Rs 4,248 crore
Sun, May 29, 2016
It had posted a net profit of Rs 4,238.55 crore in the corresponding quarter of the financial year 2014-15, CIL said in a Bombay Stock Exchange (BSE) filing.